Section 19 IGST Act 2017 [ Section 19 IGST Act 2017 Notified w.e.f 01.07.2017 vide Notification No. 3/2017 – Integrated Tax Dated 28th June, 2017 ] Section 19 IGST Act 2017 deals with Tax wrongfully collected and paid to Central Government or State Government and is covered in CHAPTER VIII APPORTIONMENT OF TAX AND SETTLEMENT OF FUNDS ( Note… Read More »
Section 18 IGST Act 2017 [ Section 18 IGST Act 2017 Notified w.e.f 01.07.2017 vide Notification No. 3/2017 – Integrated Tax Dated 28th June, 2017 ] Section 18 IGST Act 2017 deals with Transfer of input tax credit. and is covered in CHAPTER VIII -APPORTIONMENT OF TAX AND SETTLEMENT OF FUNDS ( Note IGST Act 2017 also known as THE… Read More »
Section 1 UTGST Act 2017 [ Section 1 UTGST Act 2017 Comes into force w.e.f 22.06.2017 as per Notification No. 1/2017–UNION TERRITORY TAX Dated 21.06.2017 ] Section 1 UTGST Act 2017 explains Short title, extent and commencement and is covered in Chapter 1 Preliminary (Note UTGST Act 2017 also known as THE UNION TERRITORY GOODS AND SERVICES TAX ACT 2017 received… Read More »
UTGST ACT 2017 UTGST ACT 2017 also known as THE UNION TERRITORY GOODS AND SERVICES TAX ACT 2017 received the assent of the President of India on the 12th April, 2017 .Chapter wise sections Notified under UTGST Act 2017 are furnished below. CHAPTER I – PRELIMINARY Section 1. Short title, extent and commencement. Section 2. Definitions. CHAPTER… Read More »
Depreciation Under Schedule II of Companies Act 2013 and Income Tax Act 1961 With Illustrations Paperback – 2017 by CA Kamal Garg (Author) Price Rs 660. Click to buy online Key Contents : Depreciation Under Schedule II of Companies Act 2013 Chapter 1 Depreciation under Companies Act, 2013 Chapter 2 AS-6 (Revised): Depreciation Accounting Chapter 3 AS-10:… Read More »
Apply for Common Proficiency Test to be held on 18th June, 2017 – (22-04-2017) Announcement Common Proficiency Test to be held on 18th June, 2017 For the attention of students registered for Common Proficiency Course Common Proficiency Test, an entry level test for the Chartered Accountancy course, is held twice a year in the month… Read More »
HIGH COURT OF MADRAS Commisioner of Income-tax, Central 1, Chennai v. Chettinad Logistics (P.) Ltd. RAJIV SHAKDHER AND R. SURESH KUMAR, JJ. T.C.A. NO. 24 OF 2017 MARCH 13, 2017 T.R. Senthil Kumar for the Appellant. S. Sridhar for the Respondent. JUDGMENT Rajiv Shakdher, J. – This is an appeal filed under Section 260 A… Read More »
IN THE ITAT DELHI BENCH ‘SMC’ Adarsh Kumar Swarup v. Deputy Commissioner of Income-tax, Circle-1, Muzafarnagar H.S. SIDHU, JUDICIAL MEMBER IT APPEAL NO.1228 (DELHI) OF 2016 [ASSESSMENT YEAR 2011-12] MARCH 28, 2017 M.P. Rastogi, Adv. for the Appellant. Ms. Bedobina Chaudhuri, Sr. DR for the Respondent. ORDER 1. The Assessee has filed this Appeal against… Read More »
SECTION 3 OF THE ASSAM GOODS AND SERVICES TAX ACT, 2017 NOTIFIED OFFICERS UNDER THE ACT NOTIFICATION NO.FTX.90/2016/68, DATED 22-6-2017 In exercise of the powers conferred by section 3 of the Assam Goods and Services Tax Act, 2017 (Assam Act XXVIII of 2017), the Governor of Assam is hereby pleased to appoint the Commissioner of Taxes,… Read More »
Held The assessed income in this case is more than seventy times the returned income, and the impugned additions are in respect of contentious points. In our considered view, and on a perusal of material on record and on consideration of rival contentions, the balance of convenience is in favour of partial stay on collection/… Read More »