Monthly Archives: October 2016

Draft Model ByeLaws of Insolvency Professional Agencies 2016

By | October 8, 2016

Insolvency and Bankruptcy (Model ByeLaws of Insolvency Professional Agencies) Regulations, 2016. In exercise of the powers conferred by sub- section (2) of section 196 read with sub-section (1) of section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Board hereby makes the following Regulations, namely – Short Title and Commencement 1.… Read More »

Taxation of Real Estate Developers -Book June 2016

By | October 7, 2016

Taxation of Real Estate Developers & Joint Development Arrangements (2nd Edition, June 2016) Paperback – 2016 BUY Taxation of Real Estate Developers & Joint Development Arrangements (2nd Edition, June 2016) Incorporating *Taxation of Real Estate Developers and Joint Development arrangements *Accounting Aspects *Service Tax on Construction Industry *Guide to Real Estate (Regulation and Development) Act… Read More »

Download Form No 68 – Grant immunity from penalty u/s 270A -Notified by CBDT for under-reporting or misreporting of income

By | October 7, 2016

MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 05th October, 2016 [Notification No. 90 /2016/F.No.370142/26/2016-TPL] S.O. 3150 (E).— In exercise of the powers conferred by section 295 read with sub-section (2) of section 270AA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes… Read More »

GSTR-3 -Monthly Return -GST Return- Analysis

By | October 7, 2016

GSTR-3 Monthly Return Key Points of GSTR-3 –Monthly Return Due Date :– GSTR-3  (Monthly Return) is to be furnished by the 20th of the month succeeding the tax period by a registered taxable person Other than compounding Taxable Person / ISD Auto Generation of Part A:- Part A of GSTR-3  (Monthly Return)  shall be electronically generated on… Read More »

GSTR-2 -Inward Supplies -GST Return- Analysis

By | October 7, 2016

GSTR-2 Details of Inward Supplies /Purchases Received Details of Inward Supplies /Purchases Received Key Points of GSTR-2 (Inward Supplies) Due Date :– GSTR-2 (Details of Inward Supplies /Purchases Received ) to be furnished by the 15th of the month succeeding the tax period. Non Applicability :-GSTR-2 (Details of Inward Supplies /Purchases Received ) is not to  be  furnished… Read More »

Automobile Manufacturers seeks same GST rate for small cars, MUVs

By | October 7, 2016

Automobile Manufacturers seeks same GST rate for small cars, MUVs The auto mobile industry’s apex body,Society of Indian Automobile Manufacturers (Siam), has sought a standard tax rate for small cars and multi utility vehicles (MUVs) incoming national goods and services tax (GST), while pressing for an additional eight percent tax on other cars. It has… Read More »

Adoption of GST poised to boost India’s medium-term growth: IMF

By | October 7, 2016

Adoption of GST poised to boost India’s medium-term growth: IMF WASHINGTON: Asserting that India has shown that progress on reforms could “ignite” business investment, the IMF today said the adoption of goods and services tax is poised to boost the country’s medium-term growth. “India’s strong reform push in 2016 is welcome and should continue apace.… Read More »

Category: GST