Monthly Archives: April 2019

CBDT Central Action Plan for Q1 of FY 2019-20

By | April 13, 2019

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 »

Search and Confiscation under GST: HC Explains Process

By | April 13, 2019

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 »

GST not applicable on interest free security deposit : AAR

By | April 13, 2019

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 »

No Advance ruling if tender not allotted as goods and services will not be supplied :AAR

By | April 13, 2019

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

By | April 13, 2019

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 »

Supply of Ice-cream from Retail outlets or in scoops is supply of Goods : AAR

By | April 13, 2019

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 »

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 »