Parents who adopt can benefit from this valuable tax credit Taxpayers who adopted or started the adoption process during 2019 should review the rules around the adoption credit. While the amount of the credit increases for qualified taxpayers, the rules remain the same. Here are some facts to help people understand the credit and if… Read More »
Taxmann’s GST Case Laws Digest (2nd Edition 2020) A Section-wise Case Book of more than 1900 Judgements of Suprme Court/High Courts/Appellate Authority for Advance Rulings (AAAR)/Authority for Advance Rulings (AAR)/National Anti-Profiteering Authority (NAA) Price Rs 2875 Click here to buy online Hardcover: 1856 pages Publisher: Taxmann; 2nd Edition 2020 edition (9 March 2020) Language: English View Contents of… Read More »
Tax pros should remember to safeguard EFINs Tax professionals should remember that they can be prime targets for criminals. These criminals not only want to steal client data, but also the professionals’ data, such as their electronic filing identification numbers. A thief who breaches the data of one tax return preparer can get their hands… Read More »
GST Penalty on Unregistered Person for Not Taking Tax Invoice I CA Final I IDT I CA Satbir Singh
IRS extends April 15 and other upcoming deadlines, provides other tax relief for victims of Tennessee tornadoes WASHINGTON – Victims of this week’s tornadoes and severe storms in parts of Tennessee, including Nashville, will have until July 15, 2020, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. The… Read More »
Taxpayers should know the signs of a phone scam, especially during filing season Taxpayers should be aware that aggressive criminals pose as IRS agents in hopes of stealing money or personal information. The tax filing season is a prime time for phone scams because people are thinking about taxes. Here are some tell-tale signs of… Read More »
Karnataka Authority of Advance Ruling Sri Roopesh Kumar., a) Whether the applicant has to charge GST for the service (providing Hydraulic excavator and ten wheeler tippers to transport RDF (inerts) from KCDC processing plant Bommanahalli to Bellahalli Land fill site near Yelahanka) done to government organization? If so at what rate? b) Whether this service… Read More »
Karnataka Authority of Advance Ruling Datacon Technologies We execute the work contract for customers, that is offset printing of Answer booklets, centre pinning and hand numbering, accordingly we have classified it under HSN Code No. 998912 attracting 12% GST however the other vendors for the said work seems to have applied slab rate of 18%… Read More »
Karnataka Authority of Advance Ruling Tata Coffee Limited a) Whether the legally binding and prescribed activity of depositing the timber / wood by the applicant with the Government Timber Depot for disposal as per the provision of Section 104 of the Karnataka Forest Act will constitute a “supply” and therefore subject to payment of GST… Read More »
Karnataka Authority of Advance Ruling Saravana Perumal The applicant is a registered GTA, as per the Notification No.12/2017 – Central Tax (Rate) dated 28.06.2017. Can applicant hire vehicles to another GTA? KAR/AAR/98/2019-20 dated 27.09.2019 Download Click here