Monthly Archives: September 2018

Works Contractor needs to take GST registration in state where he has fixed establishment : AAR

By | September 12, 2018
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AUTHORITY FOR ADVANCE RULINGS, RAJASTHAN Jaimin Engineering (P.) Ltd., In re NITIN WAPA AND SUDHIR SHARMA, MEMBER ADVANCE RULING NO. RAJ/AAR/2018-19/07 AND F.NO.IV(4)7/AAR/RAJ/2018-19/33-35 JULY  20, 2018 Ms. Shafaly Girdharwal, CA for the Applicant. RULING 1. SUBMISSION OF THE APPLICANT: M/s Jaimin Engineering Private Limited is engaged in construction of Cold storage. GST provisions for registration are covered in Chapter… Read More »

Date of allotment of property is relevant for Capital Gain and not date of registration of conveyance deed. : ITAT

By | September 12, 2018
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In order to determine taxability of capital gain arising from the sale of property, it is the date of allotment of property which is relevant for the purpose of computing holding period and not the date of registration of conveyance deed. The provisions of the Act nowhere states that the option of selecting self occupied… Read More »

Receiver of Services can not apply GST Advance Ruling : AAR

By | September 12, 2018
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AUTHORITY FOR ADVANCE RULINGS, TAMIL NADU Dr. Dathu Rao Memorial Charitable Trust, In re MS. MANASA GANGOTRI KATA AND THIRU S.VIJAYAKUMAR, MEMBER ORDER NO. 3/AAR/2018 JULY  30, 2018 RULING 1. Dr. Dathu Rao Memorial Charitable Trust, “PATHWAY” E-76/1, 12th West street, Kamaraj Nagar, Thiruvanmiyur, Chennai 600041 (hereinafter called the Applicant or the Trust) is a registered society registered under the Tamil… Read More »

Re-assessment notice invalid as not sanctioned by proper authority : HC

By | September 12, 2018
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It is undisputed position before us that in terms of Section 151(2) of the Act, the sanctioning/ permission to issue notice under Section 148 of the Act has to be issued by the Additional Commissioner of Income Tax. We find that the Assessing Officer had not sought the approval of the Designated Officer but of… Read More »

New GST News 12.09.2018

By | September 12, 2018
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New GST News 12.09.2018 [ Join online GST Course by CA Satbir Singh ] New GST News GSTR 3B Due date Extended for newly migrated Taxpayers : GST News 483 RFID Tag mandatory for Transporters in UP and to map to Eway Bill system ICICI Bank Overdraft facility based on GST returns : GST Business… Read More »

Category: GST

RFID Tag mandatory for Transporters in UP and to map to Eway Bill system

By | September 12, 2018
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Transporters in UP required to obtain RFID Tag and map to the E-way bill system. RFID to be embed on wind screen of conveyance carrying goods  Video Explanation by CA Satbir Singh in Hindi Read Notification : RFID Tag mandatory for Transporters in UP and to map to Eway Bill system Notification No.-E-way bill-R.F.I.D./sachaldal/2018-19/1025/commercial tax. Office… Read More »

Aadhar not mandatory for booking an International Parcel : Department of Posts

By | September 11, 2018
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Press Information Bureau Government of India Ministry of Communications 10 SEP 2018 9:04PM by PIB Delhi Aadhar not mandatory for booking an International Parcel, says Department of Posts The Department of Posts today clarified that it is mandatory to produce an Identity Proof acceptable for important transactions like booking an International Parcel or International EMS… Read More »

Issue & transfer of shares in dematerialised form only by all unlisted Public companies

By | September 11, 2018
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Press Information Bureau Government of India Ministry of Corporate Affairs 11 SEP 2018 10:17AM by PIB Delhi MCA notifies  issue & transfer of all shares in dematerialised form only by all unlisted Public companies The Ministry of Corporate Affairs (MCA) has notified that with effect from 2nd October, 2018, issue of further shares and transfer of… Read More »