Monthly Archives: June 2019

RBI abolishes RTGS and NEFT charges. Banks to pass benefits to customers

By | June 7, 2019

The Reserve Bank levies minimum charges on banks for transactions routed through its Real Time Gross Settlement System (RTGS) meant for large-value instantaneous fund transfers and the National Electronic Funds Transfer (NEFT) System for other fund transfers. Banks, in turn, levy charges on their customers In order to provide an impetus to digital funds movement, it… Read More »

Guide to Indian Accounting Standards (Ind AS) (4th Edition 2019) by Taxmann

By | June 7, 2019

Guide to Indian Accounting Standards (Ind AS)(Set of 2 Volumes)(4th Edition 2019) by Taxmann (Author) With Basis for Conclusions Illustrative examples Implementation Guidance ITFG guidance As Amended by Companies (Indian Accounting Standards) Second Amendment Rules 2019 (w.e.f. 1-4-2019) Also Covering: Ind AS 116: Leases Rs 4859 Buy Online Click here Paperback: 2956 pages Publisher: Taxmann; 4th Edition 2019 edition (2019)… Read More »

Online filing of TDS & TCS Returns specified by CBDT

By | June 6, 2019

In exercise of powers conferred by the rule 31A and 31AA of the Income-tax rules, 1962, The Central Board of Direct Taxes has prescribed the manner in which a deductor can register and file statement of tax deducted or collected at source electronically F. No. 1/3/7/CIT/OSD/E-FILlNG/TDS-TCS FORMS Government of IndiaMinistry of FinanceCentral Board of Direct… Read More »

Taxmann Direct Taxes Law & Practice (61st Edition A.Y. 2019-20) by Vinod K. Singhania For CA/CS/CMA Final exam 2019

By | June 6, 2019

Direct Taxes Law & Practice -With special reference to Tax Planning (61st Edition A.Y. 2019-20)  by Dr. Vinod K. Singhania (Author), Dr. Kapil Singhania (Author) Price Rs 1250 Click here buy online For CA (Final) May/November 2019,CS (Professional) June/December 2019,CMA (Final) June/December 2019,M.Com/MBA/LL.B. and other specialised examinations for academic year 2019-20 Unknown Binding: 1704 pages Publisher: Taxmann; 61st Edition 2019-20 edition… Read More »

GST Using Tally.ERP9

By | June 6, 2019

GST Using Tally.ERP9 Price Rs 540 Buy online Click here Paperback Publisher: Sahaj Enterprises (2019) This book, from the house of Tally, India’s leading business management software company, is a comprehensive book for learning concepts of Goods and Services Tax (GST) and its business application using Tally.ERP 9. This book will guide the user on concepts… Read More »

NO GST if Hostel accommodation provided for less than Rs. 1,000 per day with other services without any charges : AAR

By | June 5, 2019

The activity of providing accommodation services by the applicant in their hostel for which the applicant is collecting an amount below the threshold limit of Rs. 1000/- per day and no other charges are being collected for providing other allied facilities/services therein viz. canteen food, parking space for vehicles, coaching, library, entertainment etc. merits exemption as… Read More »

Draft Management Representation Letter for GST Audit of FY 2017-18

By | June 5, 2019

Suggested format of Draft letter of management representation to be obtained from the client in respect of each registered person separately viz., State wise / GSTIN wise (suitable modifications may be made as required)** Dear Sir, Sub: Draft Letter of Management Representation – GST Audit for the financial year ended March 31, 2018 With reference… Read More »