Ministry of Finance Final stage of Union Budget 2021-22 commences with Halwa Ceremony Finance Minister launches “Union Budget Mobile App” to provide easy and quick access to Union Budget information to all stakeholders Posted On: 23 JAN 2021 4:16PM by PIB Delhi The Halwa ceremony, marking the final stage of the Budget making process for… Read More »
Ministry of Finance Income Tax Department conducts searches in Pune Posted On: 21 JAN 2021 The Income Tax Department carried out search and survey operations on 12.01.2021 in the cases of leading builders located in Borivali-Mira Road-Bhayander Area of Thane. The search action has resulted in seizure of unaccounted cash of Rs.10.16 crore. Total unaccounted… Read More »
Ministry of Finance Income Tax Department conducts searches in Jaipur Posted On: 21 JAN 2021 7:56PM by PIB Delhi The Income Tax Department carried out search and survey operations on 19.01.2021 in Jaipur on three groups, involving one jeweller and two real-estate colonizers and developers. Co-ordinated search operation was conducted at 20 premises and survey… Read More »
New GST Return Modules Changes on GST Portal I CA Satbir Singh
New GST Registration Module Changes on GST Portal I CA Satbir Singh
Module wise new functionalities deployed on the GST Portal during October-December, 2020 for taxpayers. 21/01/2021 Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund, other Miscellaneous topics. Various webinars are also conducted during the… Read More »
E-invoice in India (Updated as on 1.1.2021) Introduction The GST Council, in its 35th meeting held on 21stJune 2019, has recommended the introduction of electronic invoices (‘e-invoice’) in GST in a phased manner on a voluntary basis for online generation of B2B e-invoices from January 2020. As a result, a technical sub-group was constituted to… Read More »
Person arrested for GST Fraud of Rs 82 Crore I CA Satbir singh
GST on Recovery of Canteen charges from Employees AUTHORITY FOR ADVANCE RULINGS, GUJARAT Amneal Pharmaceuticals (P.) Ltd., In re SANJAY SAXENA AND MOHIT AGRAWAL, MEMBER ADVANCE RULING NO. GUJ./GAAR/R/50 OF 2020 JULY 30, 2020 Satyajit. D. Naik for the Appellant. RULING BRIEF FACTS 1. The applicant submitted that they are a 100% EOU, carrying out canteen facilities through third… Read More »
New Penalty for False Entries in Books of Accounts I CA Satbir Singh