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New GST News 29.06.2018 [ Join online GST Course by CA Satbir Singh ] New GST News New Book : GST Tariff with GST Rate Reckoner & GST Tariff Referencer : 8th Edition June 2018 : Taxmann Book GST Portal shut down on 01.07.2018 for Disaster Recovery Drill List of Documents required for GST Refund… Read More »
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The loss incurred on account of derivatives would be deemed business loss under proviso to section 43(5) and not speculation loss and, accordingly Explanation to section 73 could not be applied. Their Lordships have further held that that the “loss (on account of sale of derivatives) would be allowed to be set off against income arising out… Read More »
HIGH COURT OF ALLAHABAD Bengali Lal & Sons v. State of U.P. ABHINAVA UPADHYA AND ASHOK KUMAR, JJ. WRIT TAX NO. 747 OF 2017 NOVEMBER 8, 2017 Rishi Raj Kapoor for the Petitioner. Ramesh Chandra Shukla, C.S.C for the Respondent. ORDER 1. Heard learned counsel for the petitioner; Shri R.C. Shukla, learned counsel for the respondents no. 5 and 6 as… Read More »
GST Portal shut down for Major Disaster Recovery Drill 1st July 2018, between 9 AM to 9 PM GST Major Disaster Recovery Drill As per advisory on GST Official twitter handle for IT related queries on GST a Major Disaster Recovery Drill is scheduled for 1st July 2018, between 9 AM to 9 PM. It has… Read More »
Appropriate use of Country by Country Reports CBDT has issued Instruction No. 2/2018 dated 27th June, 2018 on the use of CbC Reports by the Transfer Pricing Officer (TPO) during the TP audits. The purposes for which the reports shall be used and when their use shall be considered as inappropriate. Instruction No. 2/2018 F.No. 500/13/2016-APA-1 Government… Read More »
Electoral Bond Scheme 2018 : Free Study Material Electoral Bond Scheme 2018 : 4th Phase from 02.07.18 to 11.07.18 Electoral Bond Scheme 2018 : Authorised Branches of SBI Electoral Bearer Bond Scheme 2018 Electoral Bonds : Govt clarifies in-built security features Electoral Bond : Frequently Asked Questions (FAQs) Sale of Electoral Bonds through SBI w.e.f.… Read More »
GST Tariff with GST Rate Reckoner & GST Tariff Referencer (Set of 2 Volumes) (8th Edition June 2018) Volume 1 : GST Tariff for Goods with HSN Code, GST Tariff for Services with Service Code, Explanatory Notes to the, scheme of Classification of Services, Rates specified under Other Acts, GST Rate Reckoner/Commodity Index, Services Index… Read More »