Daily Archives: August 31, 2021

USA IRS : All taxpayers have the right to challenge the IRS’s position and be heard

By | August 31, 2021

All taxpayers have the right to challenge the IRS’s position and be heard Taxpayers have the right to challenge the IRS’s position and be heard. This is part of the Taxpayer Bill of Rights, which clearly outlines the fundamental rights every taxpayer has when working with the IRS. Taxpayers have the right to: • Raise objections. • Provide… Read More »

iPad is not a computer, Not eligible for Higher depreciation of 60% : I ITAT

By | August 31, 2021

iPad is not a computer, IN THE ITAT AMRITSAR BENCH Kohinoor Indian (P.) Ltd. v. Assistant Commissioner of Income-tax, Circle-1 LALIET KUMAR, JUDICIAL MEMBER AND DR. M.L. MEENA, ACCOUNTANT MEMBER IT APPEAL NOS. 234 & 316 (ASR) OF 2017 [ASSESSMENT YEARS 2012-13 & 2013-14] AUGUST  16, 2021 Sandeep Vijh, CA for the Appellant. Smt. Ratinder Kaur, DR. for the… Read More »

E-Publication on “Issuance of Form 15CB – Regulation & Procedure”

By | August 31, 2021

E-Publication on “Issuance of Form 15CB – Regulation & Procedure”   We are happy to share that NIRC of ICAI has come up with an E-Publication on “Issuance of Form 15CB – Regulation & Procedure”. The link to download the same is https://nirc.icai.org/nirc-publication/ This E-Publication covers various aspects of Issuance of Form 15CB including applicability of section 195, responsibility… Read More »

GST on Transfer of development right by land owner to be paid on date when building is handed over to land owner : AAR

By | August 31, 2021

AUTHORITY FOR ADVANCE RULINGS, TELANGANA Vajra Infracorp India (P.) Ltd., In re B. RAGHU KIRAN AND S.V. KASI VISWESHWAR RAO, MEMBER TSAAR ORDER NO.03 OF 2021 A.R.COM/30/2018 JULY  19, 2021 ORDER (Under section 100(1) of the CGST/TGST Act, 2017, any person aggrieved by this order can prefer an appeal before the Telangana State Appellate Authority for Advance… Read More »

Supply of food to inpatients admitted to the hospital is composite supply and Exempt under GST : AAT

By | August 31, 2021

AUTHORITY FOR ADVANCE RULINGS, KERALA ST. Thomas Hospital, In re SIVAPRASAD S. AND SENIL A.K. RAJAN, MEMBER ADVANCE RULING NO. KER/108/2021 MAY  26, 2021 Tony M.P., CA for the Applicant. PROCCEEDINGS 1. M/s. ST. Thomas Hospital (hereinafter referred to as the applicant) is a healthcare project managed by Catholic Archdiocese of Changanassery and is a Charitable Trust registered under… Read More »

Revocation application for cancellation of registration timeline

By | August 31, 2021

Revocation application for cancellation of registration timeline   31/08/2021 In view of the notification 34/2021 -Central dated 29th Aug 2021, where the due date of filing of application for revocation of cancellation of registration falls between 1st March, 2020 to 31st August, 2021, the time limit for filing such application for revocation of cancellation of registration… Read More »

Category: GST