Daily Archives: April 1, 2019

GST Penalty & interest order is an appealable order, Writ Petition Dismissed by HC

By | April 1, 2019

HIGH COURT OF ALLAHABAD Systematic Conscom Ltd. v. State of U.P. PANKAJ MITHAL AND SAUMITRA DAYAL SINGH, JJ. WRIT TAX NO. 235 OF 2019 MARCH  1, 2019 Nikhil Agrawal for the Petitioner. ORDER 1. Heard Sri Nikhil Agrawal, learned counsel for the petitioner and Sri CB. Tripathi for the respondents. 2. The writ petition is directed against the order passed… Read More »

Order No 4/2019 Central Tax : ITC apportion formula in case of sale of Building before completion

By | April 1, 2019

To remove difficulty in case of supply of services covered by clause (b) of paragraph 5 of Schedule II of the CGST Act, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,SECTION 3, SUB-SECTION (ii)]Government of IndiaMinistry of Finance(Department of Revenue)New Delhi, the 29th March, 2019 THE CENTRAL GOODS AND SERVICES TAX… Read More »

UDIN for Bank Audit by CA : FAQs

By | April 1, 2019

With effect from 1st April, 2019, UDIN is being made mandatory for GST & Tax Audit Reports and also considering the fact that Bank Audit is about to commence, UDIN Monitoring Group of ICAI has come out with detailed FAQs on UDIN for Bank Audit by Chartered Accountants . 1. Whether UDIN is mandatory for… Read More »

GST Revenue collection for March 2019 Highest in FY 2018-19 ,crossed Rupees 1 Lakh Crore

By | April 1, 2019

Ministry of Finance GST Revenue collection for March, 2019 crossed Rupees One Lakh Crore and recorded Highest Collections in the FY 2018-19  Posted On: 01 APR 2019 Total Gross GST revenue collected in the month of March, 2019 is Rs. 1,06,577 croreof which CGST is Rs. 20,353 crore, SGST is Rs.27,520 crore, IGST is Rs.50,418 crore (including Rs. 23,521crore collected on imports) and Cess is Rs. 8,286… Read More »

Category: GST

Aadhaar card mandatory for filing Income Tax Return [Video]

By | April 1, 2019

Aadhaar card mandatory for filing Income Tax Return : इसके बिना आयकर रिटर्न नहीं फाइल कार पाओगे You needs to link Income Tax PAN number with Aadhar card because of Section 139AA Income Tax Act makes Quoting of Aadhaar number. mandatory to the Income Tax department 4 easy Ways to link PAN with Aadhaar : Last… Read More »

Validity of ITR filed without quoting of Aadhaar prior to 01.04.2019 : Circular No 6/2019

By | April 1, 2019

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNorth Block, New Delhi, Circular No. 6/2019 Dated: 31st of March, 2019 Subject: Giving effect to the judgement(s)/order(s) of Hon’ble Supreme Court on Aadhaar-PAN for filing return of income- regd.- As per clause (ii) of sub-section (1) of section 139AA of the Income-tax Act, 1961,… Read More »

Due date Extended for Linking PAN with Aadhaar Card : Notification No 31/2019

By | April 1, 2019

Due date for Linking PAN and Aadhaar has been extended from 31.03.2019 to 30.09.2019. It has also been clarified that with effect from 01.04.2019, it is mandatory to quote Adhaar number while filing the return of Income, unless assessee has specifically been exempted. Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes NOTIFICATION… Read More »