GST Turnover to include Interest from Saving A/c, PPF & Loan to friends : AAR

By | July 8, 2020

AUTHORITY FOR ADVANCE RULINGS, GUJARAT Shree Sawai Manoharlal Rathi, In re SANJAY SAXENA AND MOHIT AGRAWAL, MEMBER ADVANCE RULING NO. GUJ/GAAR/R/2020/10 APRIL  19, 2020 Hartik Vora and Sushil Kabra for the Applicant. RULING   BRIEF FACTS 1. The applicant has submitted that he is an individual having not engaged in any business. His receipts are only from savings, personal loans and advances… Read More »

National Pension Scheme Tier II- Tax Saver Scheme 2020 Notified for 80C deduction

By | July 8, 2020

National Pension Scheme Tier II- Tax Saver Scheme 2020 Notified for 80C deduction MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th July, 2020 S.O. 2232(E).—In exercise of the powers conferred by clause (xxv) of sub-section (2) of section 80C of the Income-tax Act, 1961 (43 of 1961),… Read More »