1. “Whether the contract, executed by them for KPTCL, is a divisible contract [Supply of goods & Supply of Services] or an indivisible contract [ works contract]?” 2. “Whether the tax rate of 12% [CGST-6% + SGST-6%] is applicable to the above contract, in pursuance of Notification No.24/2017-Central Tax (Rate) dated 21.09.2017?” RULING 1. The… Read More »
Section 78 of Sikkim GST Act 2017 [ Section 78 of Sikkim GST Act 2017 explains Initiation of recovery proceedings and is covered in CHAPTER XV DEMANDS AND RECOVERY] [ Enforced with effect from 1-7-2017. ] Initiation of recovery proceedings 78. Any amount payable by a taxable person in pursuance of an order passed under this Act shall be paid by… Read More »
How to file Income Tax Appeal to Supreme Court An appeal shall lie to the Supreme Court from any judgment of the High Court delivered before the establishment of the National Tax Tribunal] on a reference made under section 256 against an order made under section 254 before the 1st day of October, 1998 or an appeal made to High… Read More »
How to file Income Tax Appeal to High Court APPEAL TO HIGH COURT [SECTION 260A] Who can file appeal Assessee or Principal Chief Commissioner/Principal Commissioner/Chief Commissioner/Commissioner. Order against which appeal to High Court is possible Any order passed in appeal by the Appellate Tribunal (before the date of establishment of National Tax Tribunal), if the… Read More »
How to File Income Tax Appeal to Appellate Tribunal APPEALS TO TRIBUNAL [SECTIONS 252 TO 255 of Income Tax ] [SECTIONS 246A TO 249 of Income Tax ] Appealable orders – Appeal by assessee 1-10-1998 or, as the case may be, a Commissioner (Appeals) under section 154, section 250, section 271, section 271A or section 272A; or An order passed by Deputy Commissioner (Appeals) before An… Read More »
How to File Income Tax Appeal to Commissioner (Appeals) APPEALS TO COMMISSIONER (APPEALS) (Section 246A TO 249 of Income Tax Act] Appealable orders Please see section 246A Time limit for presenting appeal Appeals should be presented within 30 days of the following date : where the appeal relates to any tax deducted under section 195(1), the date of payment of… Read More »
New GST News and Circulars 01.06.2018 [ Join online GST Course by CA Satbir Singh ] New GST Notifications GST Updated Notifications Notification No 25/2018 Central Tax Dated 31.05.18 : GSTR 6 Due date extended Notification No 24 /2018 Central Tax : Authority Notified to conduct exam of GST Practitioners Notification No 11/2018 Central Tax… Read More »
Ministry of Finance Roll out of e-Way Bill system for intra-State movement of goods in Chhattisgarh, Goa, Jammu & Kashmir, Mizoram, Odisha, Punjab, Tamil Nadu and West Bengal Posted On: 31 MAY 2018 5:28PM by PIB Delhi As per the decision of the GST Council, e-Way Bill system for inter-State movement of goods has been… Read More »
Notification No 25/2018 Central Tax Summary of Notification No 25/2018 Central Tax seeks to extend the due date for filing of FORM GSTR-6 for the months of July, 2017 to June, 2018, till the 31st day of July, 2018. vide Notification No 25/2018 Central Tax Dated 31st May, 2018 Notification No 25/2018 Central Tax Video Tutorial by CA Satbir Singh… Read More »
TAN Here is the complete Study material on TAN (Tax Deduction and Collection Account Number ) under Income Tax Act of India TAN Introduction What is TAN under Income Tax? TAN i.e. Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting tax… Read More »