Levy of GST on Liquidated Damages Article on Levy of GST on Liquidated Damages published by ICAI Indirect Tax Committee : Click here to refer Related Post on Liquidated Damages GST on Liquidated Damages : Free Study Material
Input Tax Credit Review Audit – GST Article on Input Tax Credit Review Audit – GST published by ICAI Indirect Tax Commitee : Click here to refer Related Posts on Input Tax Credit GST Input Tax Credit : Free Study Material
GST : Inspection, Search & Seizure including Jurisdictional aspect Article on Inspection, Search & Seizure including Jurisdictional aspect published by ICAI Indirect Tax Commitee : Click here to refer Related Post on GST Inspection GST Inspection : Free Study Material
How to Surrender Duplicate PAN : Income Tax News 62 Visit https://incometax.intelenetglobal.com/pan/pan.asp The extra PAN numbers may be surrendered using one of the several modes of surrender advertised by the department, viz., (i) Help Desk set up in Income-tax offices all over the country set-up for this purpose; (ii) the Assessing Officer (DCIT/ACIT/ITO); (iii) web-site of the department www.incometaxindia.gov.in and (iv) Aaykar… Read More »
Income Tax and Closing Stock : Free Study Material change in method of valuation of stock is allowed for computing Actual Income/loss :HC When Land held as Stock in Trade Change in method of valuation of closing stock allowed : High Court New ICDS-II-Valuation of Inventories w.e.f AY 2017-18 Income Tax on Shares / Securities… Read More »
HIGH COURT OF CALCUTTA United Bank of India v. Commissioner of Income Tax, W.B.-IV, Calcutta I.P MUKERJI AND AMRITA SINHA, JJ. ITR NOS. 19 OF 1999 & 7 OF 2000 JUNE 27, 2018 Abhratosh Majumdar, Sr. Adv., Avra Majumdar, and Amiya Kanti Bandyopadhyay, Advs. for the Petitioner. Md. Nizamuuddin, R.N. Bandyopadhyay, and Aniket Mitra, Advs. for the Respondent. JUDGMENT ITR No. 7 of 2000… Read More »
Income Tax on Charitable or religious trust Free Study Material on Income Tax on Charitable or religious trust Form 10 can be filed manually with Assessing Officer if not available online : ITAT CBDT condones delay in filing of audit report in Form 10B by trust/institution for AYs 2016-17 & 2017-18 : Circular No 10/2019 New… Read More »
The amount of Rs. 2,30,00,000/- was received by the assessee trust from Bank of India towards corpus fund. The said amount was specifically directed to be kept as a tied-up fund and only interest earned from the same was to be utilised for the furtherance of the objects of the trust corpus donations being in… Read More »
Appeal by Income Tax Department for Low Tax Effect The Central Board of Direct Taxes (CBDT) has modified Para 10 of Circular No. 3 of 2018 issued on 11-07-2018 that provides that adverse judgement relating to issues enumerated in said para should be contested no merits notwithstanding that the tax effect entailed is less than… Read More »
NHPC Empanelment of GST Auditors NOTICE INVITING EXPRESSION OF INTEREST (EOI) FOR EMPANELMENT/APPOINTMENT OF GST AUDITORS NHPC Ltd. invites Expression of Interest (EOI) from Firms/LLPs of Chartered Accountants (CA) / Cost Accountants (CMA) for Empanelment/ Appointment of GST Auditors. The detailed document for EOI consisting Scope of work, Selection Criteria, terms & conditions and… Read More »