"Service tax on commercial training and coaching - Whether ‘donation' is ‘consideration'” plus 1 more

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Service tax on commercial training and coaching - Whether ‘donation' is ‘consideration' Posted: 16 Aug 2010 07:59 PM PDT A representation has been received seeking clarification whether donations and grants-in-aid received from different sources by a charitable Foundation imparting free livelihood training to the poor and marginalized youth, will be treated as 'consideration' received for such training and subjected to service tax under 'commercial training or coaching service'. 2. The matter has been examined. The important point here is regarding the presence or absence of a link between 'consideration' and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

926 BRANCHES TO ACCEPT ADVANCE INCOME TAX Posted: 16 Aug 2010 07:58 PM PDT As many as 926 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of the income tax assesses. Of the 926 bank branches 862 branches are public sector bank branches, 35 HDFC bank branches, 10 ICICI bank branches and 19 AXIS bank branches. The Reserve Bank of India has advised income tax assesses to take advantage of these standing arrangements made for their... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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