Cash Back Scheme for GST Refund : 29th GST Council Meeting : GST News 427
Cash Back Scheme for GST Refund : 29th GST Council Meeting : GST News 427
Monthly Archives: August 2018
Master Guide for Filing ITR for AY 2018-19 : Income Tax Return
Master Guide for Filing ITR for AY 2018-19 What is a return of income? ITR stands for Income Tax Return. It is a prescribed form through which the particulars of income earned by a person in a financial year and taxes paid on such income are communicated to the Income-tax Department. It also allows carry -forward… Read More »
Income Tax Exemption for Capital Gain on Residential Property Sale / Transfer
Income Tax Exemption for Capital Gain on Residential Property Sale / Transfer [As amended by Finance Act, 2018] In this article we have discussed Income Tax Exemption for Capital Gain on Residential Property Sale / Transfer with examples Introduction A person wanted to shift his residence due to certain reason, hence, he sold his old… Read More »
Revised ADT-1 from 03.08.2018 : Download : Auditor Appointment information
ADT-1 Form ADT-1 is likely to be revised on MCA21 Company Forms Download page w.e.f 3rd AUG, 2018. Stakeholders are advised to check the latest version before filing. Information to the Registrar by Company for appointment of Auditor Download Revised ADT-1 from 03.08.2018 Information to the Registrar by Company for appointment of Auditor Form ADT-1 [zip]… Read More »
*99# Service – Mobile Banking -All you wanted to Know
FAQs on *99# Service Use *99# to avail all banking facilities using your phone at your convenience. What is *99#? *99# is a USSD (Unstructured Supplementary Service Data) based mobile banking service from NPCI that brings together diverse ecosystem partners such as Banks & TSPs (Telecom Service Providers). Using *99# service, a customer can access… Read More »
Bharat QR Code : FAQs
Bharat QR Code What is QR Code? A QR code consists of black squares arranged in a square grid on a white background, which can be read by an imaging device such as a camera. QR contains information about the item to which it is attached. What is Bharat QR? Bharat QR is P2M (Person… Read More »
Income Tax on commutation of pension
Income Tax Treatment on commutation of pension Pension is described in section 60 of the CPC and section 11 of the Pension Act as a periodical allowance or stipend granted on account of past service, particular merits etc. Thus monthly allowance to the younger brother of a ruler was treated as a maintenance allowance and… Read More »
Rule 21A of Income Tax Rules : Relief when salary is paid in arrears or in advance, etc
Rule 21A of Income Tax Rules 1[Relief when salary is paid in arrears or in advance, etc. 21A. 2[(1) Where, by reason of any portion of an assessee’s salary being paid in arrears or in advance or, by reason of any portion of family pension received by an assessee being paid in arrears or, by reason… Read More »
When Bank will not Accept Cash for making Demand Draft / Transfer of Funds?
When Bank will not Accept Cash for making Demand Draft / Transfer of Funds? Video Explanation by CA Satbir Singh in Hindi Reserve Bank of India (RBI) Directions to Banks Issue and Payment of Demand Drafts, etc., Any remittance of funds by way of demand draft, mail/telegraphic transfer/NEFT/IMPS or any other mode and issue of… Read More »
Supply of UPS with battery could be considered as Mixed Supply under GST : AAR
Supply of UPS with battery could be considered as Mixed Supply: AAR APPELLATE AUTHORITY FOR ADVANCE RULING, WEST BENGAL Switching Avo Electro Power Ltd., In re RAKESH KUMAR SHARMA AND MS. SMARAKI MAHAPATRA, MEMBER APPEAL CASE NO. 04/WBAAAR/APPEAL/2018 JULY 25, 2018 Ravi Raghavan, Adv. for the Appellant. RULING 1. This Appeal has been filed by M/s Switching Avo Electro Power… Read More »