Daily Archives: June 21, 2018

2nd GST Council Meeting : Agenda and Minutes : Download

By | June 21, 2018

2nd GST Council Meeting : Agenda and Minutes : Download 2nd GST Council Meeting held On 30th September 2016 Venue: Main Committee Room, Parliament House Annexe, New Delhi Agenda of 2nd GST Council Meeting Download Agenda of 2nd GST Council Meeting Minutes of Meeting of 2nd GST Council Meeting Download Minutes of Meeting of 2nd GST Council Meeting   Refer GST Council :… Read More »

Circular No 49/23/2018 GST : Inspection of goods and Conveyance

By | June 21, 2018

Circular No 49/23/2018 GST Summary of Circular No 49/23/2018 GST Circular No 49/23/2018 GST Dated 21st June, 2018 Seeks to modify Circular No. 41/15/2018-GST and prescribe procedure for 1.  Inspection of goods and Conveyance 2. How goods will be released by GST Officer 3.Within How manydays  GST officer is required to issue Final inspection report 4… Read More »

E-way Bill Date wrongly declared , Seized goods to be released on furnishing security other than cash or bank guarantee: HC

By | June 21, 2018

HIGH COURT OF ALLAHABAD Pragati Enterprises v. State of U.P. BHARATI SAPRU AND NEERAJ TIWARI, JJ. WRIT TAX NO. 25 OF 2018 JANUARY  12, 2018 Murari Mohan Rai for the Petitioner. ORDER 1. We have heard Shri M.M. Rai, learned counsel for the petitioner and Shri C.B. Tripathi, learned Standing Counsel for the respondent. 2. Learned Standing Counsel has received… Read More »

Sale of old newspapers not liable to State Sales Tax: Madras HC

By | June 21, 2018

HIGH COURT OF MADRAS State of Tamil Nadu v. P.S. Sambandam Mudaliar & Co. S. MANIKUMAR AND V. BHAVANI SUBBAROYAN, JJ. TAX CASE NO. 94 OF 2018 APRIL  6, 2018 V. Hari Babu, Addl. Govt. Pleader (Taxes) for the Petitioner. ORDER S. Manikumar, J. – Instant Tax Case (Revision) is filed by the Revenue against the order of the… Read More »

1st GST Council Meeting : Agenda and Minutes : Download

By | June 21, 2018

1st GST Council Meeting : Agenda and Minutes : Download 1st GST Council Meeting held on 22nd & 23rd September, 2016 in New Delhi Agenda of 1st GST Council Meeting Download Agenda of 1st GST Council Meeting Minutes of Meeting of 1st GST Council Meeting Download Minutes of Meeting of 1st GST Council Meeting Refer GST Council : Free Study Material

Updated GST Rules and New GST News 21.06.2018

By | June 21, 2018

New GST News 21.06.2018 [ Join online GST Course by CA Satbir Singh ] Updated GST Rules (PDF File) CGST Rules 2017 as amended upto 19.06.2018  [Online ] CGST Rules 2017 – : Chapter Wise & Rule wise (Last upated with Notification Dated 13.06.2018] Analysis of CGST (Fifth Amendment ) Rules 2018 GST Input Tax Credit… Read More »

Category: GST

Income Tax Return Provisions

By | June 21, 2018

RETURN OF INCOME UNDER INCOME TAX [As amended by Finance Act, 2018] It is mandatory for every taxpayer to communicate the details of his income to the Income-tax Department. These details are to be furnished in the prescribed form known as return of income. In this part, you can gain knowledge about the various provisions… Read More »

Income Tax Commissioner power to reduce or waive Penalty

By | June 21, 2018

POWER OF PRINCIPAL COMMISSIONER OR COMMISSIONER TO REDUCE OR WAIVE INCOME TAX PENALTY [As amended by Finance Act, 2018] In the tutorial on “Penalties Under the Income-tax Act”, we discussed various penalties imposable under the Income-tax Act in respect of various defaults. Apart from enacting penalty provisions, the Income-tax Act also designed provisions empowering the… Read More »

Presumptive taxation u/s 44AD Income Tax: Audit Limit w.e.f AY 2017-18

By | June 21, 2018

Presumptive taxation u/s 44AD Income Tax: Audit Limit w.e.f AY 2017-18 CIRCULAR No. 2/2018 Dated 15.02.2018 23. Exclusion of certain specified person from requirement of audit of accounts under section 44AB. 23.1 The provisions of section 44AB of the Income-tax Act provide inter alia that every person carrying on the business is required to get his… Read More »