Special Audit in GST Detailed analysis of Special Audit in GST Introduction GST is a trust based taxation regime wherein the assessee is required to self-assess his returns and determine tax liability without any intervention by the tax official.Therefore a tax regime that relies on self-assessment has to put in place a robust audit mechanism to… Read More »
Credit Note in GST Detailed Analysis of Credit Note in GST Introduction A supplier of goods or services or both is mandatorily required to issue a tax invoice.However, during the course of trade or commerce, after the invoice has been issued there could be situations like: • The supplier has erroneously declared a value which… Read More »
PRESS NOTE ON FILING OF RETURN IN FORM GSTR 3B FOR JULY, 2017 GST Council had earlier decided to defer the filing of return in FORM GSTR-3 and had recommended the filing of return in FORM GSTR-3B. Accordingly, the Central Government vide notification No. 21/2017-Central Tax dated 08.08.2017 had notified the last date for filing… Read More »
Search seizure & survey Under Income Tax Law Search seizure & survey Under Income Tax Law by S R Kharbanda (Author), V.Gopalan (Author) As amended by Finance Act 2017 Price Rs 1393 Click to buy online Publisher: Commercial Law Publishers; 10th Edition 2017 edition (2017) Related Books on Income tax Subjects Books Direct Taxes Ready Reckoner Income Tax Mini… Read More »
Notification No 23/2017 Central Tax Seeks to notify the date and conditions for filing the return in FORM GSTR-3B for the month of July, 2017 vide Notification No 23/2017 Central Tax Dtd 17th August, 2017 [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance… Read More »
Expression of Interest for engagement of CA Firms for Statutory Audit of various units of ICAI Madam / Dear Sir, It gives us great pleasure to inform you that ICAI has invited applications from eligible Chartered Accountants firms for appointment as Statutory Auditors of its 45 units i.e. Branches, Decentralized Offices and Regional Councils for… Read More »
TWEET FAQs PRESS RELEASE, DATED 16-8-2017 The tweets received by askGST_GoI handle were scrutinized and developed into a short FAQ. It should be noted that the tweets received or the replies quoted are only for educational and guidance purposes and do not hold any legal validity. S. No. Questions/Tweets Received Replies 1. I have applied for… Read More »
Notification No 22/2017 Central Tax Seeks to amend the CGST Rules, 2017 vide Notification No 22/2017 Central Tax dated 17th Aug 2017 [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 22/2017 – Central… Read More »
Finance Minister Sh Arun Jaitley writes to State Chief Ministers to reduce burden of Value Added Tax on Petroleum Products used for manufacturing The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley has written to State Chief Ministers urging the States to reduce burden of Value Added Tax (VAT) on Petroleum Products… Read More »
IN THE ITAT DELHI BENCH: ‘E’ Assistant Commissioner of Income-tax, Circle-27(1), New Delhi v. Mohinder Kumar Jain H.S. SIDHU, JUDICIAL MEMBER AND O.P. KANT, ACCOUNTANT MEMBER IT APPEAL NO. 5254 (DELHI) OF 2014 [ASSESSMENT YEAR 2011-12] AUGUST 4, 2017 R.C. Dandaya, Sr. DR for the Appellant. R.S. Singhvi and Satyajeet Goel, CAs for the Respondent. ORDER O.P. Kant, Accountant Member – This… Read More »