Communication with the Retiring Auditor through E-mail The members have raised concerns that during the period of ongoing lockdown, it is not possible for the Incoming Auditor to communicate with the Retiring Auditor through the mode(s) of communication permissible in terms of provisions of Code of Ethics. The existing Code of Ethics, 2009 , provides,… Read More »
Reduction in Incentive by Govt by Subsequent Notification not covered by promissory estoppel: SC SUPREME COURT OF INDIA Union of India v. V.V.F. Ltd. ARUN MISHRA, M.R. SHAH AND B.R. GAVAI, JJ. CIVIL APPEAL NOS. 2256-2263 OF 2020 APRIL 22, 2020 JUDGMENT M.R. Shah, J. – Leave granted in all the special leave petitions. Civil Appeals @ SLP ©… Read More »
GST PMT 9 Filing I New GST Notification I Transfer GST in eCash Ledger on GST Portal CA Satbir Singh
Service Tax records can be asked even after GST Regime : HC HIGH COURT OF DELHI Aargus Global Logistics (P.) Ltd. v. Union of India VIPIN SANGHI AND SANJEEV NARULA, JJ. W.P.(C) 2580 OF 2020 C.M. NO. 9012 (EXEMPTION) OF 2020 MARCH 6, 2020 G. Saikumar and Ms. Soumya Saikumar, Advs. for the Petitioner. T.P. Singh, Sr. Central Govt. Counsel, Ms. Sonu Bhatnagar,… Read More »
coercive action can be taken against taxpayer if he failed to appear against summons : HC: one of the summonses annexed to the writ petition, being summons dated 26th September, 2019, reveals that the same is for the purpose of enquiry in respect of availment of Input Tax Credit (I.T.C.), summons without receipt of any… Read More »
ICAI Advisory Certain concerns have been raised by members as to whether it is permissible to advertise the services rendered by them, while also mentioning that Professional Fees with regard to individuals engaged in Community service would be charged lesser than what is usually charged by them/ free of charge basis. As the members are… Read More »
GST Composition Scheme with Changes I Complete Details I CA Satbir Singh GST Composition scheme in depth Analysis by CA Satbir singh In this video on ” GST Composition Scheme ” you will learn 1. What is Composition scheme in GST 2.How to Register for GST Composition Scheme ,.How to apply GST Composition scheme,How to… Read More »
Notification No 37/2020 Central Tax Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No 37/2020 Central Tax Seeks to give effect to the provisions of rule 87 (13) and FORM GST PMT-09 of the CGST Rules, 2017. [To be published in the Gazette of India, Extraordinary,… Read More »
CBIC guidelines for Personal Hearings through video conferencing F.No. 390/Misc/3/2019-JC Government of India Ministry of Finance, Deptt of Revenue Central Board of Indirect Taxes & Customs (Judicial Cell) *** CBIC guidelines New Delhi, dated 27 April 2020 INSTRUCTION 1. All Principal Chief Commissioner/ Chief Commissioner (Customs, CGST & Central Excise) 2. All Principal Commissioner/ Commissioner… Read More »
Circular No.10/2020 GST F. No. 37014219/20 18-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes TPL Division New Delhi, dated 24th April, 2020 Order under section 119 of the Income-tax Act, 1961 Section 44AB of the Income-tax Act, 1961 (‘the Act’) read with rule 6G of the Income-tax Rules,… Read More »