Monthly Archives: December 2016

GST – Preview of Return and Payment Modules – Prototype Shared GST Portal India

By | December 26, 2016

Dear Taxpayer / Tax Professional, 1. After the successful launch of GST Portal (gst.gov.in) on 8th, Nov ’2016 the enrolment process of existing taxpayers was started on the same day. GSTN has created a prototype for various return forms, payment challan etc. A preview of the same is being shared through this pdf document with… Read More »

No disallowance for TDS default when TDS imposed by retro-amendment

By | December 26, 2016

Held The taxability of a sum in the hands of the recipient on account of a subsequent retrospective amendment would not expose the payer of income to an impossible situation of requiring deduction of tax at source on the anterior date of payment of such income. Thus, on this count also, assessee cannot be held… Read More »

No TDS u/s Sec. 194J in case of transmission of electricity

By | December 26, 2016

Held The provisions of Section 194J of the Act was not attracted in present case and the assessee was not liable to deduct the tax at source from the payments of transmission charge made by it to the KPTCL and SLDC and therefore, the additions made by the assessing authority in the returned income of… Read More »

How to check reward under Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana

By | December 26, 2016

Government of India kick-starts the awards of the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana • 15000 Winners of the first Lucky Draw to incentivise digital payments announced today • Daily and weekly rewards to both consumers and merchants to announced in DigiDhan Melas in 100 cities over the next 100 days • NDMC becomes… Read More »

Tax Law Dictionary – New Book

By | December 25, 2016

Tax Law Dictionary– With Legal Maxims, Latin Terms, and Words & Phrases  (English, Paperback, LexisNexis) The Tax Law Dictionary is a handy and compact tax dictionary which provides accurate meanings of legal maxims, Latin terms, and words & phrases that are commonly used in the various fields of tax law. This edition includes terms defined in… Read More »

Directors- Meetings and Resolutions – New Book

By | December 25, 2016

Directors -Meetings and Resolutions Dossier of 100 resolutions required during Board and Committee meetings. Book takes a comprehensive approach to understand the requirements of the office of a director, his roles, responsibilities, liabilities in the light of the relevant sections, decided cases and the applicable Secretarial Standards, when it comes to procedural aspects like board… Read More »

Modi revealed Secret of raids against Black Money holder in Maan Ki Baat on 25.12.2016

By | December 25, 2016

PM’s ‘Mann Ki Baat’ address on All India Radio on 25.12.2016 My fellow countrymen, Namaskar, many felicitations and season’s greetings to you on the occasion of Christmas. Today is the day to give importance in our lives to service, sacrifice and compassion. Jesus had said – “The poor do not need our favours but our… Read More »

Drafting Pleading And Conveyancing- Book

By | December 25, 2016

Drafting, Pleading And Conveyancing This book on Drafting Pleading And Conveyancing deals with the principles of and procedure for drafting various notices, plaints, written statements, civil applications, marriage petitions, petitions under succession law, consumer law, criminal complaints and applications, appeal and revision and writ petitions. Link to Buy Drafting, Pleading And Conveyancing Paperback: 570 pages Publisher:… Read More »

Procedure to remove Director of Company

By | December 25, 2016

Procedure to remove a Director of Company The shareholders of a company can remove any director through ordinary resolution before the expiry of his tenure, except any director appointed by the Tribunal for prevention of oppression and mismanagement under Section 242 and a director appointed under the principle of proportional representation under Section163 of the Companies… Read More »