Monthly Archives: July 2018

No reassessment because capital gain shown by another co-owner is different : GUJARAT HC

By | July 10, 2018

The Assessing Officer examined the petitioner’s declaration of sale of immovable property and resultant loss, which she claimed. The Assessing Officer called for the purchase and sale deeds as also supporting evidence for computation of the capital gain. The assessee produced such documents and the approved valuer’s report assessing the value of property as on… Read More »

GST ITC will be allowed on Foods etc provided to Employee : GST Amendment proposed

By | July 10, 2018

GST ITC on obligatory Foods and beverages, health services, travel benefits to employees  will be allowed : Proposed GST Amendment Presently, in accordance with the  provisions of section 17(5)(b), ITC is not available in respect of food and beverages, health services, travel benefits to employees etc. This sub-section is being amended to allow ITC in respect… Read More »

GST Composition Scheme : Proposed Amendment in GST Act

By | July 9, 2018

GST Composition Scheme : Proposed Amendment in GST Act As per Draft Proposal for Amendments GST Laws released on 09.07.2018 following are the proposed amendment in section 10 of CGST act 2017 [ Section 10(1) and (2) of CGST Act 2017 ] Video Explanation by CA Satbir Singh regarding changes proposed  in GST Composition Scheme Section/Subsection/Clause Amendments as shown in… Read More »

Category: GST

Indian Accounting Standards (Ind AS): Disclosure Checklist

By | July 9, 2018

Indian Accounting Standards (Ind AS): Disclosure Checklist This publication of ICAI presents a checklist of disclosures requirements under Ind AS applicable to entities preparing its financial statements voluntarily and mandatorily beginning on or after April 1, 2016, in accordance with Ind AS. The disclosures checklist is based on the Indian Accounting Standards (Ind AS) that are… Read More »

Draft Proposal for Amendments in GST Laws Released 09.07.18 : Download /Print

By | July 9, 2018

Draft Proposal for Amendments GST Laws “Draft proposals for amending GST Laws is published on (relevant web page) for comments of the stakeholders till 15.07.2018”. by GST Council Draft Proposal for Amendments GST Laws : Download /Print Visit also CBIC website Click here  Draft Proposal for Amendments in GST Laws , Download Draft Proposal for Amendments… Read More »

Bank of Baroda FDR Opening Form : Download /Print

By | July 9, 2018

Bank of Baroda FDR Opening Form Bank of Baroda FDR Opening Form : Account Opening Form for Term Deposit Account for existing Account holders (In case of new term deposit) Bank of Baroda FDR Opening Form : Download /Print This form is also called Form No 410 Bank of Baroda ,Bank of Baroda FDR Opening Form , Bank… Read More »