Daily Archives: April 12, 2019

GST Case Laws Digest-A Section -wise Case : Taxmann Book 2019

By | April 12, 2019

GST Case Laws Digest-A Section -wise Case Book of Judgments/Orders (2019 Edition) A Section -wise Case Book of Judgments/Orders of High Courts Appellate Authority for Advance Ruling (AAAR) Authority for Advance Ruling (AAR) National Anti-Profiteering Authority(NAA) Price Rs 1476 Click here Paperback: 904 pages Publisher: Taxmann; 2019 Edition edition (2019) Language: English Other New GST Books

GST Tariff with GST Rate Reckoner 11th Edition : April 2019 Taxmann Book

By | April 12, 2019

GST Tariff with GST Rate Reckoner (Set of 2 Volumes)(Revised & Reprint 11th Edition April 2019) With Notifications dated 29-03-2019 on Real Estate/Construction Sector Volume 1 – Goods TariffIncorporating: GST Tariff for Goods with HSN Code Rates specified in other Acts GST Rate Reckoner for Goods/Commodity Index Volume 2 – Services TariffIncorporating: GST Tariff for… Read More »

Suggestions on Pre-Budget memorandum-2019 by ICAI

By | April 12, 2019

Pre-Budget memorandum-2019 by ICAI Suggestions may be submitted latest by 5 th May, 2019 Direct Taxes (including International taxation)  Suggestions for widening the tax base and increasing the tax revenue  Suggestions to check tax avoidance  Suggestions to reduce/minimize litigations  Suggestions for rationalization of the provisions of Direct Tax Laws  Suggestions… Read More »

UDIN for GST & Tax Audit : FAQS by ICAI

By | April 12, 2019

UDIN for GST & Tax Audit Institute of Chartered Accountants of India’s 379th Council Meeting held on 17th and 18th December, 2018 made UDIN mandatory for all Tax Audit Reports issued under IT Act, 1961 and GST Audit Reports issued under CGST Act, 2017 with effect from 1st April, 2019. 1. UDIN is mandatory on which types of Reports with… Read More »

Income Tax Benefits for Small Businessmen in AY 2020-21 (FY 2019-20)

By | April 12, 2019

Income Tax Benefits for Small Businessmen in AY 2020-21 (FY 2019-20) [As amended by Finance Act, 2019] S.N. Particulars Section Benefits/Deductions allowed A. Presumptive Taxation Scheme 1. Computation of income from eligible business on presumptive basis under Section 44AD provided turnover or gross receipts of eligible business does not exceed Rs. 2 crore (Subject to certain conditions).… Read More »

Income Tax for AY 2020-21 (FY 2019-20)

By | April 12, 2019

Income Tax in AY 2020-21 (FY 2019-20) Income Tax Benefits available only to Individuals & HUFs in AY 2020-21 (FY 2019-20) Income Tax Benefits available to Salaried Persons in AY 2020-21 (FY 2019-20) Income Tax Benefits for Small Businessmen in AY 2020-21 (FY 2019-20) Income Tax Depreciation Rate Chart [ Finance Act 2019] TDS Rates… Read More »

Income Tax Benefits available only to Individuals & HUFs in AY 2020-21 (FY 2019-20)

By | April 12, 2019

Income Tax Benefits available only to Individuals & HUFs [As amended by Finance Act, 2019] A. Tax Rates and Relief [AY 2020-21] S.N. Particulars Benefits Available to 1. Maximum amount of income which is not chargeable to Income-tax Rs. 2,50,000 Individual/HUF 2. Maximum amount of income which is not chargeable to Income-tax in the hands… Read More »

Income Tax Benefits available to Salaried Persons in AY 2020-21

By | April 12, 2019

List of benefits available to Salaried Persons [AY 2020-21] / FY 2019-20 [As amended by Finance Act, 2019] S. N. Section Particulars Benefits A. Allowances 1. 10(13A) House Rent Allowance (Sec. 10(13A) & Rule 2A) Least of the following is exempt: a) Actual HRA Received b) 40% of Salary (50%, if house situated in Mumbai, Calcutta, Delhi… Read More »