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Goods and Services Tax - The article is an attempt to explore the untouched areas in the GST Audit arena. The companies have started the GST audit processes and are focussing on GSTR 9 (It will be given by the system later) and GSTR 9C but somehow companies are missing the vital links for the GST Audit....
Read MoreCompany Law - Applicability of Law(s): Chapter XXI, Part A Section 366 to 374 of Companies Act 2013 The Companies (Authorized to Registered) Rules, 2014. Mode(s) / Method(s) of Conversion: Form a New Company as per prescribed under Companies Act 2013 with Conversion form. Prepare Execution deed to transfer the business together with all the assets an...
Read MoreCompany Law - Ministry of Corporate affairs (MCA) on 3rd December released Companies (Cost Records and Audit) Amendment Rules, 2018. MCA has released draft rules earlier for public comments. However the rules published are very much different than what was being offered for public comments....
Read MoreCompany Law - 1. As per section 42 of companies act 2013, a company may, subject to provisions of this section, make a private placement of securities. 2. A private placement shall be made only to a selected group of persons who have been identified by the board, whose number shall not exceed fifty or such higher amount as may be prescribed....
Read MoreCorporate Law - Micro, Small and Medium Enterprises (MSMEs), despite the important role played by them in the economic fabric of the country as they are the backbone of the Indian economy; continue to face constraints in obtaining adequate finance, particularly in terms of their ability to convert their trade receivables into liquid funds, infrastructure...
Read MoreIncome Tax - The Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS). Enhancement of the mandatory contribution by the Central Government for its employees covered under NPS Tier-I from the existing 10% to 14%....
Read MoreGoods and Services Tax - JOIN 4 day GST Practitioner Advanced Certified Training course of Ministry of M.S.M.E. at Cochin, Agra, New Delhi, Mumbai, Noida, Kolhapur, Chennai, Coimbatore, Indore, Jaipur, Hyderabad, Bangalore, Kolkata, Goa, Gurgaon, Trichy, Pune in December 2018 and January 2019 starting from 15th December 2018. BROCHURE FOR GST PRACTITIONER ADVANCE...
Read MoreGoods and Services Tax - TaxGuru, GST Professionals and Govt. of India (Ministry of M.S.M.E) announces their most intensive and comprehensive Online GST Certification Course. Due to overwhelming response and feedback, the registrations for Dec’ 2018 batch has been extended till 14th Dec’ 18. Register fast for the most intensive and comprehensive Onlin...
Read MoreGoods and Services Tax - is brought to the notice of buyers of constructed property that there is no GST on sale of complex/ building and ready to move-in flats where sale takes place after issue of completion certificate by the competent authority. GST is applicable on sale of under construction property or ready to move-in flats where completion certificate has...
Read MoreSEBI - This Guidance Note is issued for providing guidance to the practitioners in reporting requirements that are required in relation to financial information to be included in the prospectus in case of initial public offering (IPO) in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulat...
Read MoreStar Rays Vs Union of India (Bombay High Court) - Star Rays Vs Union of India (Bombay High Court) 1. This petition under Article 226 of the Constitution of India seeks a refund of integrated goods and service tax paid in respect of the goods which have been exported. The refund short is aggregates to an amount of Rs.8.42 crores and covers the perio...
Read MoreIn re Sri. Harish Dharnia Vs Dr. Ravi Prasad M.P. (AAR Karnataka) - In re Sri. Harish Dharnia Vs Dr. Ravi Prasad M.P. (AAR Karnataka) (a) Which date should be considered as the date of completion of the property – the date of receipt of necessary approvals from BBMP / Karnataka Pollution Control Board / Karnataka Electricity Board or the date of receipt of complet...
Read MorePushpak Chauhan Vs M/s Harish Bakers & Confectioners Pvt. Ltd. (National Anti-Profiteering Authority) - Respondent had not reduced the prices of 2 products viz. the Nestle Munch Nuts 32 Gm. Chocolate and the Cadbury Dairy Milk Chocolate (here-in-after referred to as the products) and had thus not passed on the benefit of such rate reduction...
Read MoreIn re Compo Advice India Private Limited (GST AAR Maharashtra) - In re Compo Advice India Private Limited (GST AAR Maharashtra) Whether under which HSN Code our Product Disc Brake Pads to be classified under 6813 or under 8708 as there are different rate charged in both code? The Product i.e. Disc Brake Pads falls under chapter heading 8708 and would be liable ...
Read MoreIn re Emco Limited (GST AAR Maharashtra) - In re Emco Limited (GST AAR Maharashtra) Question: -1. The question/ issue is whether GST is leviable on the transportation charges Levied by the Applicant on Power Grid Corporation of India Limited (PGCIL)? Answer: – Answered is in the affirmative. Question: -2. In case the GST is payable, wh...
Read MoreNotification No. SEBI/LAD-NRO /GN/ 2018/50 - (06/12/2018) - 1. These Regulations may be called the Securities and Exchange Board of India (Mutual Funds) (Third Amendment) Regulations, 2018. 2. They shall come into force on the date of their publication in the Official Gazette....
Read MoreHARYANA ACT NO. 25 OF 2018 - No. Leg. 30/2018 - (28/09/2018) - (1) This Act may be called the Haryana Goods and Services Tax (Amendment) Act, 2018. (2) Save as otherwise provided, the provisions of this Act shall come into force on such date as the Government may, by notification in the Official Gazette, appoint:...
Read MoreCircular No. 51/2018- Customs - (07/12/2018) - For ensuring seamless transition to the online web-application, it has been decided to concurrently continue with the manual filing and processing of AEO T1 applications up to 31.03.2019....
Read MoreNo.II/21 022/58(951 )/PFMS/20 17/FCRA(MU) - (06/12/2018) - Order placing Associations under Suspension for not opening FCRA account(s) in PFMS integrated bank No.II/21 022/58(951 )/PFMS/20 17/FCRA(MU) Government of India Ministry of Home Affairs Foreigners Division Major Dhyan Chand National Stadium, Outer India Gate, New Delhi-110001 Dated 6th Dec 2018 OR...
Read MoreCircular No. SEBI/HO/CFD/CMD1/CIR/P/2018/0000000149 - (07/12/2018) - Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2018/0000000149 December 7, 2018 To All Listed entities All the Recognised stock exchanges All the Depositories Dear Sir/Madam, Sub: Disclosure of significant beneficial ownership in the shareholding pattern 1. Vide SEBI Circular...
Read MoreYour spouse not only helps you in meeting your social and personal but also helps you in saving income tax as well. There are certain tax benefits by way of which you can enha...
Read MoreCPC for electronic tax returns in Bangalore and CPC (Vaishali in Ghaziabad) for tax deducted at source (TDS) are working as the right hands of Government for detecting cases o...
Read MoreTax Planning is most important part of Finance Planning for Tax Payers In India especially for Individual and Salaried tax Payers. In this Article we are discussing some Tax P...
Read MoreEvery Person wants to SAVE TAXES..!! Isn’t it..?? But how could anyone do that?? How and where to Invest? What is the most tax efficient investment? Pretty much Confused...
Read MoreSec 80CCD of income tax act 1961 provide deduction on contribution to Pension Fund setup by Central Government. An individual person can get deduction up to 2, 00,000 under th...
Read More1) Whether capitalization of interest payable attracts TDS U/S 194A? Whether conversion of out standing interest on loan into loan attracts TDS? Difference between Form-15G an...
Read MoreSimple Automatic GST Late Fees Calculator in Excel Format for easy calculation of Late Fees Payable for late filing of Form GSTR 3B which calculates late fees under both CGS...
Read MoreThis Calculator calculates House Rent Allowance which is exempt from tax U/s. 10(13) of The Income Tax Act, 1961. The calculator is in excel format and it calculates the allow...
Read MoreIn order to file your income tax return you first need to collect all the information required to file it. The next important step is to compute your total taxable income. Aft...
Read MoreTax Deducted at Source (TDS) is one of the modes of collecting income tax in India at the very source of income, governed under Indian Income Tax Act of 1961. ...
Read MoreTDS & Tax Provisions for F.Y.2018-19 TDS stands for tax deducted at source. As per the Income Tax Act, any company or person making a payment is required to deduct tax at ...
Read MoreArticle discusses Income Tax Penalties for Failure to deduct TDS / TCS in full and part, Quoting false TAN in challan/ statements, Failure to apply for TAN, Failure to furnis...
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