Daily Archives: June 18, 2018

Reimbursement of GST liability on civil contract : HC directs Chhattisgarh SGST Officers to dispose of applications

By | June 18, 2018

HIGH COURT OF CHHATTISGARH Natthani Infrastructures v. State of Chhattisgarh SANJAY K. AGRAWAL, J. WP (C) NO. 1231 OF 2018 MAY  1, 2018 Ashish Surana, Adv. for the Petitioner. Gary Mukhopadhyay, GA and Pankaj Agrawal, Adv. for the Respondent. ORDER 1. Learned counsel appearing for the petitioner would submit that petitioner has made an application on 05.04.2018 before the respondent… Read More »

GST leads to Formalization of Economy and Widening of Tax Base : Govt Press Release 18.06.2018

By | June 18, 2018

Ministry of Finance GST leads to Formalization of Economy and Widening of Tax Base Posted On: 18 JUN 2018 1:08PM by PIB Delhi Historic tax reform, the Goods and Service Tax (GST), has resulted in formalization of economy and consequently information flow would eventually augment not only the Indirect Tax collections but also Direct Tax… Read More »

No standard deduction on family pension under Income tax Act

By | June 18, 2018

No standard deduction on family pension Whether Rs 40,000 allowed as standard deduction for employees and pensioners also applicable for family pensioners? A deduction of Rs 40,000 would be allowable against the income which is taxable under the head “Salaries”. The family pension is normally received after the death of an employee.  Deduction of Rs… Read More »

No service tax on amount received as reimbursable expenses from clients : CESTAT

By | June 18, 2018

CESTAT, NEW DELHI BENCH Text Hundred India (P.) Ltd v. Commissioner of Service Tax, Delhi S. K. MOHANTY, JUDICIAL MEMBER AND V. PADMANABHAN, TECHNICAL MEMBER FINAL ORDER NO. 51706 OF 2018 STA NO. 1477 OF 2011 APRIL  25, 2018 Bharat Bhushan, Adv. for the Appellant. Sanjay Jain, AR (DR) for the Respondent. ORDER S.K. Mohanty, Judicial Member – This appeal… Read More »

Taxes subsumed in GST / Taxes replaced by GST Act

By | June 18, 2018

Taxes subsumed in GST GST would replace the following taxes which were levied and collected by the Center and states Center Taxes subsumed a) Central Excise Duty; b) Duties of Excise (Medicinal and Toilet Preparations); c) Additional Duties of Excise (Goods of Special Importance); d) Additional Duties of Excise (Textiles and Textile Products); e) Additional… Read More »

Category: GST

Collection of entertainment tax after GST Act : writ Petition admitted in Allahabad HC

By | June 18, 2018

HIGH COURT OF ALLAHABAD Multiplex Cinevision (P.) Ltd. v. State of U.P. KRISHNA MURARI AND ASHOK KUMAR, JJ. WRIT TAX NO. 751 OF 2018 MAY  8, 2018 Asha Parihar for the Petitioner. Gyan Prakash for the Respondent. JUDGMENT 1. Petitioner is a Company incorporated under the provisions of the Companies Act engaged in the business of construction and development of entertainment… Read More »

Guide to Fugitive Economic Offenders Ordinance 2018 – by CA Srinivasan Anand G.

By | June 18, 2018

Guide to Fugitive Economic Offenders Ordinance 2018 Paperback – 2018 by CA Srinivasan Anand G. (Author) Product description Incorporating : Who is a Fugitive Economic Offender, What is a Scheduled Offence?, Whether Ordinance applies to Companies,LLPs, Firms or AOPs, Declaration of Individual as Fugitive Economic Offender, Consequences of Individual being declared by Special Court as Fugitive Economic Offender, Where… Read More »

Limited Insolvency Examination Guide (May 2018 Edition) – by V.S. Datey

By | June 18, 2018

Limited Insolvency Examination Guide (May 2018 Edition)Paperback – 2018 by V.S. Datey (Author) Price Rs 1568 to Buy Click here Product description A Comprehensive Examination Guide to Limited Insolvency Examination with Section-Wise Digest of Judgments on IBC Prescribed by IBBI Paperback: 1022 pages Publisher: Taxmann; May 2018 Edition edition (2018)

Insolvency and Bankruptcy Law Digest (May 2018 Edition) – by Taxmann

By | June 18, 2018

Insolvency and Bankruptcy Law Digest (May 2018 Edition)Paperback – 15 May 2018 by Taxmann (Author) A Section-wise case book of almost all relevant judgments of Supreme Court/High Courts/NCLAT/NCLT on Insolvency and bankruptcy code. Price Rs 912 to Buy Click here Paperback: 600 pages Publisher: Taxmann (15 May 2018)