GST Revenue collection for June, 2020 Rs. 90 917 crore

By | July 1, 2020

Ministry of Finance GST Revenue collection for June, 2020Rs. 90,917crore gross GST revenue collected in the month of June Posted On: 01 JUL 2020 The gross GST revenue collected in the month of June, 2020 is Rs. 90,917crore of which CGST is Rs. 18,980crore, SGST is Rs. 23,970crore, IGST is Rs. 40,302crore (including Rs. 15,709crore collected on import of goods) and Cess is Rs.7,665… Read More »

Category: GST

Notification No 57/2020 Central Tax : GSTR 3B Late Fees waiver

By | July 1, 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 30th June, 2020 No. 57/2020–Central Tax G.S.R. 424(E).—In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act),… Read More »

Government Bans 59 mobile apps of China

By | June 30, 2020

Ministry of Electronics & IT Government Bans 59 mobile apps which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order Posted On: 29 JUN 2020 8:47PM by PIB Delhi The Ministry of Information Technology, invoking it’s power under section 69A of the Information Technology Act read with… Read More »

MCQs and Integrated Case Studies on Corporate & Economic/Allied Laws 2020 CA Final Book

By | June 29, 2020

MCQs and Integrated Case Studies on Corporate & Economic/Allied Laws Updated till 30th April 2020 Description The Present Publication is the 4th Edition & Updated till 30th April 2020 (New/Old Syllabus), with the following noteworthy features: Knowledge Based and Application Based question as per pattern applicable for exams Includes MCQs from RTPs, MTPs and Past Exams (Memory Based) in a separate section… Read More »

Taxation of Loans Gifts & Cash Credits 2020 Edition Book Taxmann

By | June 29, 2020

Taxation of Loans Gifts & Cash Credits As Amended by Finance Act 2020 Description This book provides a ready referencer on the taxability arising from loans, gifts and cash credits. The present publication is the 9th Edition which incorporates all the changes made by the Finance Act, 2020. This book is divided into four divisions incorporating: Undisclosed Income – Covering… Read More »

Employee eligible to claim exemption for tour, travel and conveyance exp if opting for Sec. 115BAC : Notification

By | June 29, 2020

The CBDT has amended Rule 2BB to enable assessee opting for alternative tax regime under section 115BAC to claim exemption for tour, travel and conveyance expenses incurred in performance of duties. Further, allowance granted to a disabled employee for commutation between residence and office shall also be exempt. However, while determining the value of perquisite,… Read More »