Daily Archives: April 7, 2018

USA IRS : Taxpayers can visit IRS.gov/espanol to resources that help you understand the tax reform

By | April 7, 2018

Taxpayers can visit IRS.gov/espanol to resources that help you understand the tax reform Taxpayers who have questions about the Employment Act and tax cuts have several resources to help answer questions. This legislation, enacted in December 2017, changed many areas of the tax law. The following are some of the resources available in IRS.gov/espanol that will help… Read More »

USA IRS : Rushing with tax filing may result in errors; Electronically present, extensions available

By | April 7, 2018

Rushing with tax filing may result in errors; Electronically present, extensions available IR-2018-86SP, April 6, 2018 WASHINGTON – As the deadline for tax filing on April 17, many taxpayers may rush to complete their tax returns or find they need more time to make approaches. The IRS recommends taxpayers to request an extension to file if they need one.… Read More »

USA IRS : IRS Dirty Dozen: Beware these 12 scams

By | April 7, 2018

IRS Dirty Dozen: Beware these 12 scams The IRS reminds taxpayers to beware of scams and frauds that put them at risk along with your personal information. Each year, the IRS publishes the top 12 scams known as the Dirty Dozen. The scams range from the simple inflation refund technical treatment on tax shelters. Following is a… Read More »

Schedule III of Goa GST Act 2017 : Activities or transactions which shall be treated neither as a supply of goods nor a supply of services

By | April 7, 2018

Schedule III of Goa GST Act 2017 [ Schedule 3 of Goa GST Act 2017 explains Activities or transactions which shall be treated neither as a supply of goods nor a supply of services ] Schedule III [See section 7] Activities or transactions which shall be treated neither as a supply of goods nor a supply of services 1. Services… Read More »

Schedule II of Goa GST Act 2017 : Activities to be treated as supply of goods or supply of service

By | April 7, 2018

Schedule II of Goa GST Act 2017 [ Schedule 2 of Goa GST Act 2017 explains Activities to be treated as supply of goods or supply of service ] SCHEDULE II [See section 7] Activities to be treated as supply of goods or supply of service 1. Transfer (a) any transfer of the title in goods is a supply of… Read More »

Schedule I of Goa GST Act 2017 : Activities to be treated as supply even if made without consideration

By | April 7, 2018

Schedule I of Goa GST Act 2017 [ Schedule 1 of Goa GST Act 2017 explains Activities to be treated as supply even if made without consideration ] SCHEDULE I [See section 7] Activities to be treated as supply even if made without consideration 1. Permanent transfer or disposal of business assets where input tax credit has been availed… Read More »

Section 173 of Goa GST Act 2017 : Amendment of certain Acts

By | April 7, 2018

Section 173 of Goa GST Act 2017 [ Section 173 of Goa GST Act 2017 explains Amendment of certain Acts and is covered in CHAPTER XXI : MISCELLANEOUS ] Amendment of certain Acts . 173. Save as otherwise provided in this Act, on and from the date of commencement of this Act,— (i) in the Goa Panchayat Raj Act, Goa Act 1994 (Goa… Read More »

Section 172 of Goa GST Act 2017 : Removal of difficulties

By | April 7, 2018

Section 172 of Goa GST Act 2017 [ Section 172 of Goa GST Act 2017 explains Removal of difficulties and is covered in CHAPTER XXI : MISCELLANEOUS ] Removal of difficulties . 172. (1) If any difficulty arises in giving effect to any provisions of this Act, the Government may, on the recommendations of the Council, by a general or a special order… Read More »

Section 171 of Goa GST Act 2017 : Anti-profiteering measure

By | April 7, 2018

Section 171 of Goa GST Act 2017 [ Section 171 of Goa GST Act 2017 explains Anti-profiteering measure and is covered in CHAPTER XXI : MISCELLANEOUS ] Anti-profiteering measure . 171. (1) Any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate… Read More »