Section 80EEB Income Tax : Deduction for purchase of Electric Vehicle Budget 2019-20 Speech of Finance Bill 2019 on 05.07.2019 Incentive to purchase electric vehicle: In order to incentivise purchase of electric vehicle by an individual, it is proposed to provide deduction of an amount uptoRs. 1,50,000 for interest paid on loan taken for purchase… Read More »
Section 80EEA Income Tax : Deduction in respect of interest on loan taken for certain house property Commentary on Section 80EEA Income Tax Act Key Points of Section 80EEA Income Tax Act Effective Date : Section 80EEA Income Tax effect from the 1st day of April, 2020, i.e AY 2020-21 and Onwards When Deduction is… Read More »
GST Manual with GST Law Guide & Digest of Landmark Rulings [Finance(No. 2)Bill 2019](Set of 2 Volumes) (12th Edition July 2019) Volume 1 Incorporating: GST Law Guide (A Comprehensive Guide to GST Laws) Annotated Text of CGST Act 2017/IGST Act 2017/UTGST Act 2017/ GST (Compensation to States) Act 2017 Annotation under each section shows :… Read More »
GST Tariff with GST Rate Reckoner – Finance(No. 2)Bill 2019 (Set of 2 Volumes)(12th Edition July 2019) Volume 1 : Goods Tariff Incorporating GST Tariff for Goods with HSN Code Rates specified in other Acts GST Rate Reckoner for Goods/ Commodity Index Volume 2 : Service Tariff Incorporating GST Tariff for Services with Service Code… Read More »
GST Ready Reckoner- Finance(No. 2)Bill 2019 (11th Edition July 2019) Description Incorporating: Charge of Tax Composition Scheme Exemptions Place and Time of Supply of Goods and Services Valuation of Supply Input Tax Credit Registration under GST Tax Invoice,Credit and Debit Notes E-Way Bill GST Returns GST Audit Job Work Reverse Charge Tax Collection at Source… Read More »
Filing of Amendment of Registration in Core and Non-Core fields through a GST Practitioner
Addition of Bank Account details by TDS/ TCS & Temp ID holder
IN THE ITAT BANGALORE BENCH ‘C’ Savitri Kadur v. Deputy Commissioner of Income-tax, Circle-9 (1), Bengaluru N.V. VASUDEVAN, VICE-PRESIDENT AND JASON P. BOAZ, ACCOUNTANT MEMBER IT APPEAL NO. 1700 (BANG.) OF 2016 [ASSESSMENT YEAR 2008-09] MAY 3, 2019 Padamchand Khincha, CA for the Appellant. Dr. Pradeep Kumar, Addl. CIT (DR) for the Respondent. ORDER N.V. Vasudevan, Vice President. – This is… Read More »
Issue :Last date for availing the input tax credit relating to the invoices issued during the period from July 2017 to March 2018 is the last date for filing of the return in form GSTR-3 and not GSTR-3B. Held It would also be apposite to point out that the Notification No.10/2017 Central Tax dated 28th… Read More »
Ministry of Finance Income Tax Department Posted On: 08 JUL 2019 The Government is continuously taking several initiatives to enhance the technology back bone of the Income Tax Department (ITD). ITD is having a dedicated directorate called ‘Directorate of System’ which handles the technology aspects of the various functions of the Department. A brief highlight… Read More »