Daily Archives: October 21, 2017

GST : How UP officer will do Inspection of Vehicles : Circular

By | October 21, 2017

How UP officer will do Inspection of Vehicles Circular No 1718042 Dated 18.10.2017 REGRADING INSPECTION BY M.S. OFFICERS Download TaxHeal Mobile App Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST… Read More »

Check Details before submitting GSTR 2 : GSTN

By | October 21, 2017

Check Details before submitting GSTR 2 Please note that no further modifications are allowed after submit. Please ensure that all details applicable for the tax period one provided correctly and completely on the portal before clicking on the submit button. Source: Official twitter handle for IT related queries on GST Saved vs. submit details appearing in… Read More »

Section 247 of Companies act w.e.f 18.10.2017 Valuation by Registered Valuers

By | October 21, 2017

Ministry of Corporate Affairs issues Notification for commencement of Section 247 of the Companies Act, 2013 relating to Valuation by Registered Valuers ;.  The Companies (Registered Valuers and Valuation) Rules, 2017, finalized after public consultation and detailed deliberations with stakeholders, have also been issued simultaneously. The Ministry of Corporate Affairs has issued Notification for commencement… Read More »

Section 54F allowed even if amount not deposited in Capital Gain FDR Scheme but house purchased within time limit

By | October 21, 2017

Held Having come to the conclusion that the assessee had utilised the net consideration in construction of a house within the period of three years from the date of transfer, the question would be whether the absence of deposit of unutilised net consideration in a specific bank account as is required u/s 54F(4) of the… Read More »

Electronic Liability Register under GST : FAQ by GSTN

By | October 21, 2017

Electronic Liability Register   1. What is an Electronic Liability Register? In an Electronic Liability Register, all liabilities accrued by the taxpayer are displayed. Payments made from the Electronic Cash Ledger and/or credit utilized to discharge the liabilities are also shown in the ledger. It can be accessed in the post-login mode using the path Services… Read More »

GST on Education Services : Analysis

By | October 21, 2017

GST on Education Services “Education” is not defined in the CGST Act but as per Apex Court decision in “Loka Shikshana Trust v/s CIT”, education is process of training and developing knowledge, skill and character of students by normal schooling. Taxing the Education Sector has always been a sensitive issue, as education is seen more… Read More »

Electronic Way Bill in GST : Analysis

By | October 21, 2017

Electronic Way Bill in GST Introduction A waybill is a receipt or a document issued by a carrier giving details and instructions relating to the shipment of a consignment of goods and the details include name of consignor, consignee, the point of origin of the consignment, its destination, and route. Electronic Way Bill (E-Way Bill)… Read More »