Applicability of Reverse Charge Mechanism (RCM) on Purchases from Unregistered Persons Section 9(4) of CGST Act, 2017 and Section 5(4) of IGST Act, 2017 contain provisions regarding Reverse Charge Mechanism (RCM) on purchases from unregistered persons. GST on supplies from unregistered person to registered person is levied in the hands of registered person under RCM.Government… Read More »
ICSI GST Newsletter March 2019 ICSI GST Newsletter March 2019 Click here Refer All ICSI GST Newsletters
The Annual return under GST (FORM GSTR-9) is active on the GST portal now. Once you login, you will be able to see the annual return below the return dash board icon. You can also see that in Services>Returns>annual return. Then select the Financial year. (Only FY 17-18 is available now). Below are the points… Read More »
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 6th March, 2019 G.S.R. 184(E).—In exercise of the powers conferred by clause (d) and clause (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), the Central Government hereby makes the following rules, namely:- 1. Short title and… Read More »
Income Tax exemption for Gratuity Increased 05.03.2019 ग्रेच्युटी के लिए आयकर में छूट सीमा बढ़ी Income Tax Exemption for Gratuity under Section 10(10)(iii) of the Income Tax Act has been enhanced to Rs. 20 lakh. Would benefit all PSU employees and other employees not covered by Payment of Gratuity Act.
GSTR-9 available on GSTN Portal for Filing Annual Return The Central Government has enabled GSTR-9 on GSTN Portal for filing Annual Return. How to file GSTR 9 Online on GST Portal How to file GSTR 9A online on GST Portal For Filing GSTR-9, an option of ‘Annual Return Tab’ has been enabled by the GSTN (Goods… Read More »
F No 225/363/2017-ITA.II Ministry of Finance , CBDT, Dated 5th March 2019 The Central Board of Direct Taxes ( CBDT ) has issued Standard Operating Proceedure (SOP) for handling cases related to substantial cash deposit during the demonetisation period in which the notice under section 142 (1) of the Income Tax Act, 1961 has not… Read More »
जीएसटी समरी असेसमेंट आर्डर को रद्द कैसे करएं Apply for Withdrawal of Summary Assessment Order
Ministry of Housing & Urban Affairs Govt issues model guidelines for development & regulation of retirement homes Elderly friendly design, gas leak detection systems, power back up facilities in corridors, lobby, lifts & apartments. Compliance with green building principles & use of non-polluting & renewable energy 24×7 water & electricity supply, hygiene, indoor & outdoor… Read More »
HIGH COURT OF KARNATAKA Pragati Automotion (P.) Ltd. v. Union of India MRS. S. SUJATHA, J. WRIT PETITION NO. 3159 OF 2019 (T-RES) JANUARY 31, 2019 Ravi Raghavan, Adv. for the Petitioner. Smt. M.R. Vanaja, Adv., K.M. Shivayogiswamy, Adv. and T.K. Vedamurthy, AGA for the Respondent. ORDER 1. Learned counsel Smt. M.R. Vanaja accepts notice for respondent No.1. Learned Additional Government… Read More »