Monthly Archives: April 2018

Electoral Bonds : Govt clarifies in-built security features

By | April 17, 2018

Ministry of Finance Government clarifies the in-built security features of the Electoral Bonds Random Serial Number, invisible to the naked eye, present on the Bond not linked to any party transaction or cannot be used for tracking the transactions SBI does not share the serial number with anybody, including the Government and users Posted On:… Read More »

Composition Dealer not required to fill Sr. No 4A of Table 4 of GSTR-4

By | April 17, 2018

Ministry of Finance Clarification on the manner of filing the Quarterly Return by Composition Dealers in FORM GSTR-4 Posted On: 17 APR 2018 3:07PM by PIB Delhi Doubts are being raised about the manner of filing the quarterly return by composition dealers in FORM GSTR-4. In particular, there is a doubt with respect to the instruction… Read More »

Jharkhand intra state eway bill from 20.04.2018 : Notification

By | April 17, 2018

Jharkhand intra state eway bill from 20.04.2018 SECTION 68 OF THE JHARKHAND GOODS AND SERVICES TAX ACT, 2017, READ WITH RULE 138 OF THE JHARKHAND GOODS AND SERVICES TAX RULES, 2017 – GOODS IN MOVEMENT – INSPECTION OF – RESCISSION OF NOTIFICATION NO. SO 33-STATE TAX, DATED 31-3-2018 NOTIFICATION S.O. NO.35, DATED 17-4-2018 In exercise of… Read More »

CIT (Appeals) jurisdictions assigned under Black Money Act 2015 by CBDT

By | April 17, 2018

MOST URGENT F. No. 279/Misc./M-44/2018-(ITJ) Government of India Ministry of Finance Department of Revenue Central Board Direct Taxes Audit & Judicial Division New Delhi, Dated: 16th April, 2018 To All Principal Chief Commissioners of Income-tax Madam/ Sir, Subject: Notification in respect of assigning jurisdiction to Commissioner (Appeals) under the Black Money (Undisclosed Foreign Income and Assets)… Read More »

GST applicable on Overseas Education Advisory to students in India : AAR

By | April 17, 2018

In re Global Reach Education Services Pvt Ltd (Advance Rulings)  Case Number 05 of 2018 Date of Judgement/Order : 21/04/2018 In re Global Reach Education Services Pvt Ltd (Advance Rulings) 1. The Applicant states that it provides Overseas Education Advisory whereby it promotes the courses of foreign universities among prospective students and wants a ruling… Read More »

Apply TDS u/s 194J on provision for Audit Fees :ITAT Chennai

By | April 17, 2018

On perusal of section 194J of the Act, we find that tax is deductible at source either at the time of credit of expenditure to the account of the payee or at the time of payment whichever is earlier. In the instant case, the assessee had made provision for audit fees to the account of… Read More »

How to e verify ITR (Income Tax Return ) : User Guide

By | April 16, 2018

How to e verify ITR In this article we will discuss how to e verify ITR , you may use EVC code (Electronic Verification Code) , Aadhaar  or DCS (Digital Signature certificate) to e verify income tax return . The Income Tax Department starts processing your return only when it is verified. Refunds, if any, are processed… Read More »