Monthly Archives: June 2019

GST Billing Software for Automobile Sector

By | June 13, 2019

BILL SMART GST Compliant Billing, Invoicing Software with BAR CODE Scanner For Automobile Industry Price Rs 6100 Click here to buy online Customized for Automobile Industry Invoicing, Party Management, Purchase Mgmt, Payments, Stock etc. – Battery Serial No or Product Serial Numbers used to Bill, Purchase and Search. Purchase Entries and Invoice/Bill can be generated… Read More »

No ITC on Renting of Motor Vehicle :AAR

By | June 12, 2019

AUTHORITY FOR ADVANCE RULINGS, WEST BENGAL Mohana Ghosh, In re SYDNEY D’ SILVA AND PARTHASARATHI DEY, MEMBER CASE NO. 09 OF 2019 ORDER NO. 06/WBAAR/2019-20 JUNE  10, 2019 Sambit Das for the Applicant. RULING   1. Admissibility of the application 1.1 The Applicant, stated to be supplying cabs on a rental basis, seeks a ruling on whether credit is admissible… Read More »

GST Portal Updates June 2019

By | June 12, 2019

GST Portal Updates • Return: Offline Utility for filing of Form GSTR-9 • Offline utility of Form GSTR-9 is available in the download section of GST Portal for the taxpayers. The excel based offline utility is designed to help taxpayers to prepare their Form GSTR-9 offline. (refer Section 44 of the CGST Act, 2017 &… Read More »

Category: GST

Income Tax Department search in J&K Region

By | June 12, 2019

Income Tax Department strikes again in J&K Region Posted On: 11 JUN 2019 The Income Tax Department conducted search and seizure operations today on a prominent business group based in Srinagar, covering 8 premises in Srinagar and 1 each at Bangalore and Delhi. The assessee group is engaged in the business of transportation, manufacturing of… Read More »

COMPANY ACCOUNTS AND AUDIT 2019 Book

By | June 12, 2019

COMPANY ACCOUNTS AND AUDIT 2019 by LL.B. (GOLD MEDALIST), Ph.D.] Dr. Avadhesh Ojha [M.Sc. (Author), & 2 More This Book titled “Company ‘Accounts and Audit’, deals with these two major aspects, i.e., Accounts and Audit” of a corporate entity. It consists of three major divisions. PART 1 named ‘Accounts of Companies’ gives an insight into the Financial Statements of a… Read More »

GST for Construction Industry Book 2019

By | June 12, 2019

Demystifying GST for the Construction Industry This book traces the history of taxing the construction sector since 1948 and famous decision of the Hon’ble Supreme Court’s in Gannon Dunkerly. The book delves deep into the history of levy of Service Tax on construction sector which saw many ups and down. By explaining the nuances of… Read More »

Assessee can retain seized vehicle by furnishing bank guarantee for value of goods : HC

By | June 11, 2019

HIGH COURT OF KARNATAKA SRS Travels/Logistics v. Joint Commissioner of Commercial Taxes KRISHNA S. DIXIT, J. WRIT PETITION NO. 107016 OF 2019 (T-RES) APRIL  1, 2019 Sangram S. Kulkarni, Adv. for the Petitioner. Smt. Veena Hegde, AGA for the Respondent. ORDER 1. The challenge is to the order dated 11.03.2019 at Annexure-H purported to have been made under Section… Read More »

Auditing Standards issued by ICSI

By | June 11, 2019

The first three Standards will be applicable to all kinds of audit engagements and the fourth one will specifically be applicable for the Secretarial Audit under section 204 of the Companies Act, 2013. In terms of ICSI’s own language, the Standards shall be mandatorily effective from the audit engagements accepted on or after 1st April,… Read More »

GST for Accounts and Finance Teams : Book 2019

By | June 11, 2019

GST for Accounts and Finance Teams About the book though GST is a tax reform, however, it is pertinent for entities to access its impact on accounts, accounting processes and various disclosures. This book attempts to bridge that gap by providing a pragmatic analysis of the concepts and processes established under GST vis-a-vis accounting laws.… Read More »