Held Even though the net profit / loss arising from the purchase and sale of securities was disclosed by the assessee in the profit and loss account, the value of such securities held by the assessee was fully and truly disclosed by the assessee under the head investment in the relevant balance sheet.The said method… Read More »
How to file GSTR 4 with Offline Tool 1. Step by step guideline for taxpayers to download GSTR 4 Offline Tool from the GST Portal. 2. Step by step guideline for taxpayers to fill worksheets using GSTR 4 Offline Tool.. 3. Taxpayers guide to upload JSON file using GSTR 4 Offline Tool. 4. Correcting JSON file… Read More »
Correcting JSON file processed with errors using GSTR 4 Offline Tool. 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 Circulars GST Circulars GST Judgments GST Judgments GST Press… Read More »
Taxpayers guide to download JSON file using GSTR 4 Offline Tool. 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 Circulars GST Circulars GST Judgments GST Judgments GST Press… Read More »
GST News 24.11.2017 by TaxHeal 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 Circulars GST Circulars GST Judgments GST Judgments GST Press Release GST Press Release GST Books Best… Read More »
No Proposal Under Consideration to Withdraw Bank Chequebook Facility In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. It is denied that there is any proposal under consideration of… Read More »
Press Release dated 23.11.2017 from Ministry of Corporate Affairs, Government of India Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated; Ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the Code. The Government of India promulgated today the Ordinance to amend the Insolvency… Read More »
GST Manual (November 2017 Edition) Incorporating Notifications issued till 17-11-2017 Description Incorporating Central Goods and Services Tax Act 2017 Integrated Goods and Services Tax Act 2017 Union Territory Goods and Services Tax Act 2017 Goods and Services Tax (Compensation to States) Act 2017 Central Goods & services Tax Rules 2017 with Forms Integrated Goods and… Read More »
Major heads and Minor Heads in Cash Ledger on GST Portals What is the Electronic Cash Ledger? The Electronic Cash Ledger contains a summary of all the deposits/payments made by a taxpayer. In the ledger, information is kept minor head-wise for each major head. For convenience of user, the ledger is displayed major head-wise i.e.,… Read More »
When will payments made through challans be reflected in the cash ledger? S.No. Mode of Payment When is the deposit reflected in the Cash Ledger 1. Online payment through net banking in authorized Banks On receipt of CIN from the bank. It is generally shared by the bank instantly but at times there may be… Read More »