Income Tax Calender for May 2018 7 May 2018 –Due date for deposit of Tax deducted/collected for the month of April, 2018. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax… Read More »
CA’s Chartered Accountants not to determine FMV of unquoted equity shares received by a company without adequate consideration-CBDT Notification Section 56(2) of the Income tax Act, 1961. creates a deeming fiction for bringing certain receipts/transactions within the scope of taxable income. (b) Under the provisions of clause (viia) to section 56(2), where a firm or… Read More »
GST on Capital Goods : Free Study Material Here is the free study material on GST on Capital Goods [ Join online GST Course by CA Satbir Singh ] As per the provisions of GST Laws, the taxable person is entitled to take full input tax credit at the time of receipt of capital goods… Read More »
FORM 61A Income Tax : Complete Guide Here is the complete Guide on FORM 61A Income Tax for Statement of Financial Transaction Statement of financial transaction due date, DON’T MISS THE DEADLINE of 31st May 2018 to file Statement of Financial Transactions (SFTs) Online in FORM 61A for specified financial transactions entered with third parties during F.Y. 2017-18… Read More »
TDS Disallowance under Income Tax : Free Study Material Here is the Free study material on TDS Dis allowance under Income Tax i.e if TDS not deducted then Expenses will be disallowed under income tax act Free Study Material on TDS under Income Tax TDS under Income Tax : Free Study Material Free Study Material on… Read More »
GST Inspection : Free Study Material Here is the free study material on Inspection under GST [ Join online GST Course by CA Satbir Singh ] Bank Guarantee When Goods Seized in transit under GST GST Penalty for Minor Mistakes in Documents issued for Goods Movement : GST News 494 GST Inspection , Search , Seizure… Read More »
HIGH COURT OF BOMBAY Principal Commissioner of Income-tax-26 Mumbai v. R.F. Nangrani HUF M.S. SANKLECHA AND SANDEEP K. SHINDE, JJ. IT APPEAL NO. 33 OF 2016 APRIL 18, 2018 A.R. Malhotra and N.A. Kazi for the Appellant. Ajaykumar R. Singh and Ravindra Poojary for the Respondent. ORDER 1. This Appeal under Section 260-A of the Income Tax Act, 1961 (the Act) challenges the order dated… Read More »
Address of Authority of Advance Ruling under GST Here is the state wise address of Authority of Advance Ruling under GST [ Join online GST Course by CA Satbir Singh ] Download GST Advance Ruling : Free Study Material
GST TRAN 2 : user manual by GSTN Transition Form GST TRAN – 2 [ Join online GST Course by CA Satbir Singh ] 1. Login and Navigate to Transitions Forms > TRAN – 2 page 1. Access the www.gst.gov.in URL. The GST Home page is displayed. 2. Login to the GST Portal with valid credentials. 3.… Read More »
GST TRAN – 2 1. Why do I need to file transition Form GST TRAN – 2? [ Join online GST Course by CA Satbir Singh ] Every registered person who is eligible to take credit in his/her Electronic Credit Ledger of eligible duties and taxes paid under existing laws in respect of inputs, in… Read More »