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Archive: 28 March 2017

Posts in 28 March 2017

Consolidation of “Structured Entities” – An Accounting perspective

March 28, 2017 10851 Views 0 comment Print

There are certain contractual arrangements which actually drive overall activities of an entity comparing to its voting structure where it does not has any power/ significance.

Major changes proposed in GST Bills introduced in Lok Sabha on 27.03.2017

March 28, 2017 32343 Views 11 comments Print

1. Non-Applicability of GST Law in the State of Jammu and Kashmir: Earlier the GST Law was proposed to be applicable to J&K as well. However in the Bill, the applicability of GST Law is extended to whole of India except the state of J&K.

Long Term Buy: Reliance Industries Limited: Fundamental & Technical Analysis

March 28, 2017 5349 Views 0 comment Print

If we will see chart of Reliance of 5 years then Reliance was trading between 800 (lowest on 15-05-2012 Rs 681.65) to 1109 (highest on 06-06-2014 RS 1122.40). On 22-02-2017 it has crossed resistance of 1125 with huge volume & closed on the same day at 1207.5.

IDS 2016: CBDT guideline for condonation of delay in payment

March 28, 2017 4191 Views 1 comment Print

CBDT decided condonation of delay in payment of instalment under IDS, 2016 shall not be feasible in cases of delays due to (a) Personal/emergency reasons (b) Lack of liquidity (c) Confusion about due date (d) Rush at banks (e) Any other reasons which are attributable to declarants

GST Bills: CGST, IGST, UTGST & Compensation Cess introduced in Lok Sabha

March 28, 2017 10353 Views 0 comment Print

Clearing the decks for implementation of GST In India, Finance Minister Shri. Arun Jaitley on March 27 tabled four Bills of GST legislations in Lok Sabha. The discussion on the four Bills i.e. CGST, IGST, UTGST and Compensation Cess Bill could be taken up on Tuesday.

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