Supply of medicines, consumables, surgical items, items such as needles, reagents etc used in laboratory, room rent used in course of providing health care services to in-patients for diagnosis or treatments which are naturally bundled and are provided in conjunction with each other, would be considered as ‘Composite Supply’ and eligible for exemption under category… Read More »
HIGH COURT OF ALLAHABAD Mkc Traders v. State of U.P. PANKAJ MITHAL AND PANKAJ BHATIA, JJ. WRIT TAX NO. 1486 OF 2018 NOVEMBER 26, 2018 Shubham Agrawal for the Petitioner. ORDER 1. The goods (Supari) of the petitioners in transit were seized along with vehicle as they were not accompanied by the tax invoice and the E-Way Bill. The… Read More »
On May 14, 2019 vide F. No. 354/32/2019 –Tax Research Unit of CBIC has issued Part II of FAQ’s answering queries relating to the real estate sector under GST. Earlier 41 FAQ’s were issued in part I and 27 FAQ’s are issued in part II. F. No. 354/32/2019-TRUGovernment of IndiaMinistry of FinanceDepartment of Revenue(Tax Research… Read More »
Many people claim the child tax credit to help offset the cost of raising children. Tax reform legislation made changes to that credit for 2018 and later. Here are some important things for taxpayers to know. Credit amount. The new law increases the child tax credit from $1,000 to $2,000. Eligibility factors for the credit have not changed.… Read More »
Free Tax Preparation online for USA Here is the list of Free Tax Preparation online for USA Free Tax Preparation online by IRS You can file your FREE federal return with software provided by Internal Revenue Services. You can prepare and file your federal individual income tax return for free using tax-preparation-and-filing software. Let Free… Read More »
GST on Real Estate from 01.04.2019 GST structure on real estate services relating to residential and commercial apartments has been Changed w.e.f. 1-4-2019. This service falls under service code 9954. Commentary on GST on Real Estate from 01.04.2019 The revised scheme applies to residential and commercial apartments which are covered under RERA [Real Estate… Read More »
Best Tax Advisors near you in USA Here are list of webSites from where you can find best Tax advisor near You in USA Yelp online to search Best Tax Advisors Click here to search Best Tax Advisors Near you in USA using yelp online service. Yelp was founded in 2004 to help people find great… Read More »
2018 Tax Rates and Brackets 2018 Tax Rates and Brackets Rate Single Married, Filing Separately Married, Filing Jointly Head of Household Taxable income over… 10% $0 $0 $0 $0 12% $9,525 $9,525 $19,050 $13,600 22% $38,700 $38,700 $77,400 $51,800 24% $82,500 $82,500 $165,000 $82,500 32% $157,500 $157,500 $315,000 $157,500 35% $200,000 $200,000 $400,000 $200,000 37%… Read More »
Bill To Ship To under GST and Eway Bill In this article we have done detailed analysis of Bill To Ship To Concept under GST Act and Eway bill Rules Bill To Ship To Meaning It is a normal practice in the industry where goods are sold to one person but delivered to a different location/person… Read More »
How to File Your Federal Taxes Taxes are due on April 15, 2019 (April 17 in Maine and Massachusetts). The new tax law has changed many forms, credits, and deductions. Check this page carefully before filing your federal income tax return. Tax Reform – Big Changes to Credits and Deductions for 2018 Learn the changes… Read More »