GSTR 3B Offset Error Following is the error while offsetting GSTR 3B liability for the month of February 2019 ” offset the CGST credit against the CGST liability first before cross-utilization.If error persists quote error number LG9069 when you contact customer care for quick resolution.” GSTN Reply Resolution Remark : Problem Reported: Concern regarding the new… Read More »
34th GST Council Meeting 34th GST Council Meeting Press Release 34th GST Council Meeting is held on 19th March 2019 (Tuesday) by Video Conferencing . 34 GST Council Meeting Decisions Decisions taken by the GST Council in the 34thmeeting held on 19thMarch, 2019 regarding GST rate on real estate sector GST Council in the 34th meeting… Read More »
The GST council in its 34th Meeting held on 19th March approved a transition plan for the implementation of new rate structure for the real estate sector. Option in respect of ongoing projects: 1. The promoters shall be given a one -time option to continue to pay tax at the old rates (effective rate… Read More »
Govt Mistakes in GST notification of Payment and ITC Set off जीएसटी अधिसूचना में गलती
Issue : The Applicant states that they enter into two separate agreements with the buyer, for sale of undivided share of land and another for construction, though they are both intrinsically connected with each other. In the opinion of the Applicant, even in this case the valuation should be in terms of Para 2 of… Read More »
The Income Tax Department’s newly set-up Centralised Verification Centre (CenVC) is planning to send the first set of e-tax notices to ‘non-filers’, starting this week. There are a total of about 11 lakh cases under scanner where I-T returns have not been filed. The notices will be issued under section 133C of the Income-Tax Act,… Read More »
Allahabad High Court M/s Shanti Eat Udyog Surir Kala Tehsil Mant District Mathura Vs State of U.P. Appeal Number : Writ Tax No. 1711 of 2018 Date of Order : 18/01/2019 1. Supplementary affidavit filed today is taken on record. 2. Admittedly, the period of limitation to file a first appeal under Section 107 of… Read More »
Q : Whether salary Income of NRI accrued outside India from foreign Shiping company and received in NRE Account can be taxed in India ? Salary income of an NRI could not be subjected to Indian taxes where service agreement was with a foreign shipping company to act as an employee and said company, in… Read More »
Orders non Appealable under GST ? GST News [Part 252] Q : What are the Decision and orders against which no Appeal can be Filed under GST ? No appeal shall lie against any decision taken or order passed by an officer of central tax if such decision taken or order passed relates to any… Read More »
Held The provisions relating to payment of advance tax is contained in Part ‘C’ and interest thereon in Part ‘F’ of Chapter VII of the Act. In cases where receipt is by way of salary, deductions under Section 192 of the Act [i.e TDS ] is required to be made. No question of payment of… Read More »