Daily Archives: May 15, 2018

Seizure under GST : Analysis

By | May 15, 2018

Seizure under GST : Analysis Detailed analysis of seizure under GST Video Lecture on Seizure provisions of  GST Act Meaning of Seizure under GST The term ‘seizure’ has not been specifically defined in the GST Act . In Law Lexicon Dictionary, ‘seizure’ is defined as the act of taking possession of property by an officer… Read More »

Tower erection work Contract is composite supply , GST on entire value : AAR

By | May 15, 2018

The applicant supplies works contract service, of which freight and transportation is merely a component and not a separate and independent identity, and GST is to be paid at 18% on the entire value of the composite supply, including supply of materials, freight and transportation, erection, commissioning etc. AUTHORITY FOR ADVANCE RULINGS, WEST BENGAL EMC… Read More »

Gift received by individual from his HUF not exempt under Income Tax : ITAT

By | May 15, 2018

HUF does not come under specified category of relative under section 56(2)(vii), Explanation (e); therefore, money received by an individual from HUF as gift would not considered as valid gift IN THE ITAT AHMEDABAD BENCH ‘D’ Gyanchand M. Bardia v. Income Tax Officer, Ward 1(2)(2), Ahmedabad S.S. GODARA, JUDICIAL MEMBER AND AMARJIT SINGH, ACCOUNTANT MEMBER IT… Read More »