IAP: 2019-20 (For Departmental use only) MOST IMMEDIATE BY FAX F.NO. 380/1/2019-IT(B) Government of India Ministry of Finance Department of Revenue Central Board Direct Taxes North Block, New Delhi 12th April 2019 To All Pr. Chief Commissioners of Income tax & Pr. Director Generals of the attached Directorates of CBDT Subject: Central Action Plan for the… Read More »
Allahabad High Court Rimjhim Ispat Limited Vs State of U.P. And 3 Others Writ Tax No. 619 of 2018 15/03/2019 Since the controversy and facts involved in the aforesaid connected writ petitions are the same, therefore, they were heard together and are being decided by a common order with the consent of the parties. We… Read More »
Facts of the Case : The Company is engaged in various services including renting of immovable property to business entities for commercial purpose. ecurity deposit taken from the lessees on account of security against the damages, if any, caused to the furniture, equipments, fittings supplied along with the premises or any damage done to the… Read More »
Advance ruling application (ARA) has been filed to seek clarity on applicable rate of tax on transaction proposed to be executed by applicant in relation to tenders issued by ONGC for executing erection, commissioning and installation work on turnkey basis for petroleum operations During the course of hearing, impugned contract was awarded by ONGC to… Read More »
Cash Limits for Bank Accounts by Income Tax Department नकद सीमा [Video ]Cash Receipt Limit in Income Tax w.e.f 01.04.2017 :section 269ST : News [ Part 16] : TaxHeal.com Limit &; Penalty on Cash Transaction w.e.f 01.04.2017 -Income Tax ( India) Section 269ST ; Cash Receipt Rs 2 Lakh or more Banned w.e.f 01.04.2017 Restricting… Read More »
whether supply of ice-cream by the applicant from its retail outlets and in scoops would be treated as supply of “goods” or supply of “service” or a “composite supply” Held In the subject case there is a transfer of title in ice creams from the applicant to their customers and, therefore, as per entry no.… Read More »
You’re working with money on the daily when you’re running a tax firm, but how often do you take a look at your own finances? If you’re feeling like your business financing model could use a little TLC, follow our tips for how to boost profits in your tax firm and you’ll be on your… Read More »