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Updates of the day...

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Updates Of the Day
1.Swachh Bharat Cess of 0.5% to be levied on all taxable services w.e.f. 15.11.2015. Notification no. 22/2015 dated 06.11.15.
2.Donations received by a wholly religious trust cannot be taxed under section 115BBC merely because trust also involved in charitable/spiritual activity (Delhi High Court) [CIT vs. Bhagwan Shree Laxmi Nariandham Trust]
3.Arrears of revenue under Central Excises and Salt Act cannot be recovered from legal heirs of a dead assessee. [Shabina Abraham and Ors. vs. CCEC] (Supreme Court of India).
4.The union finance minister Shri Arun Jaitley launches the “E-Sahyog” pilot project of the income tax department to facilitate taxpayers.
5.We wish you and your family a happy dhanteras. May Godess Maa Laxmi bless you with prosperity and peace. Regards Ujjwal Thakur Team Webecreator.
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