E-filing of Audit Reports with the Income Tax Department for AY 2013-14 and onwards

An assessee required to furnish a report of audit specified under sub-clauses (iv), (v), (vi) or (via) of clause (23C) of section 10, section 10A, clause (b) of sub-section (1) of section 12A, section 44AB, section 80-IA, section 80-IB, section 80-IC, section 80-ID, section 80JJAA, section 80LA, section 92E or section 115JB of the Act, shall furnish the said report of audit  and the return of Income electronically for AY 2013-14 and onwards as specified in Notification No. 42/2013 dated 11th June 2013.

Rupee plunges below 60-mark, prices set to soar

The rupee hit an all-time low of 60.71 to the dollar on Wednesday, threatening to blow a bigger hole in household budgets and dashing hopes that the Reserve Bank of India (RBI) will make loans cheaper.

The currency has lost 13% since May, and it could continue to fall unless policy steps to boost the economy are outlined soon, analysts warned.

A sliding rupee is toxic. For a start, it means that India needs to shell out more cash to import fuel, and this in turn raises the prices of transporting goods, leading to higher inflation.

Date of Filing of Form DP-1 Extended as per the GTO of the dealer in the FY 2012-13

Notification

In partial modification of Notification No. F.3(352)/Policy/VAT/2013/231-241 dated 28.05.2013 regarding submission of information online in Form DP-1, I, Prashant Goyal, Commissioner, Value Added Tax, Government of NCT of Delhi, in exercise with power conferred on me by sub-section (1) read with sub-section (2) and (3) of section 70 and sub-section (2) of section 59 of the Delhi Value Added Tax Act, 2004, hereby direct that the information in online Form DP-1, shall be submitted by the dealers as per following schedule:-

CG amends Notification No. 36/2001 dated 03.08.2001

Notification No. 67/2013-Customs (N.T.)

New Delhi, 25th June, 2013

4 Ashadha, 1935 (SAKA)

S.O…(E)- In exercise of the powers conferred by Sub –section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Government , being satisfied that it is necessary and expedient so to do , hereby fixes the tariff value specified in column (4) of the Table below, in respect of the imported goods of the description specified in the corresponding entry in column (3) of the said table and falling under Chapter or heading or sub-heading No. of the first schedule to the Customs Tariff Act, 1975 (51 of 1975), as is specified in the corresponding entry in column (2) of the said Table, having regard to the trend of the value of such or like goods and makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue ), No. 36/2001-Customs (N.T.) dated the 3rd August , 2001 published vide number S.O. 748 (E) dated the 3rd August , 2001 Namely :-

Only "Online Applications" would be acceptable for DVAT Registration w.e.f. 1st July 2013

Notification

I, Prashant Goyal, Commissioner, Value Added Tax, Delhi, in exercise of the powers conferred on me by sub rule (1) of Rule 63 of the Delhi Value Added Tax Rules, 2005, hereby direct that, with effect from 1st July, 2013, the application for registration in Form DVAT-04 under section 19 of the Delhi Value Added Tax Act, 2004, shall be submitted online by the applicant dealer on the departmental website. 'Further, such dealer shall also submit a hard copy of the application with supporting documents, within three working days of electronic filing of such application, in the concerned ward.