Follow Us:

Archive: May, 2017

Posts in May, 2017

Sanitation: keystone of public health

May 27, 2017 993 Views 0 comment Print

Safe water, adequate sanitation and personal hygiene are indispensable for human health and progress. Lack of these can seriously impact psychological and social development of communities. The worst sufferers are women and children.

CBI Arrests central Excise official in Gold Theft case

May 27, 2017 1692 Views 0 comment Print

CBI Arrests a Superintendent of central Excise in an on-going Investigation of a Case Relating to Theft of Gold from Custom’s Godown at IGI Airport

Economy looks brighter on strong macro canvass

May 27, 2017 1326 Views 0 comment Print

India’s macro picture drawn on the canvass of leading economic indicators, including those affecting day-to-day life of a common household, looks far brighter and importantly more focussed than it was three years back when Narendra Modi took over as the Prime Minister, riding on his personal popularity and connect with the people.

Time of supply under CGST Act, 2017

May 27, 2017 9246 Views 0 comment Print

1. The liability to pay tax shall arise only at the time of supply of goods. Earliest of the following shall be the time of supply √ Date of issue of invoice or the last date of issue of invoice u/s 31[1] √ At the time of receipt of payment.

EOI for physical verification of Fixed Assets located at various units of ICAI

May 27, 2017 2730 Views 0 comment Print

Notice inviting Expression of Interest for physical verification of Fixed Assets located at various units of the Institute of Chartered Accountants of India

GST: Payments of Taxes- Part I

May 27, 2017 14886 Views 1 comment Print

Ledger Involved in GST Payment 1. Electronic Tax Liability Register- GST payable will be maintained in this register. 2. Electronic Credit Ledger- GST input available will be recorded in this ledger like-Purchase of goods & Services. 3. Electronic Cash Ledger- GST paid in Cash will be recorded in this ledger i.e. Liability- Input= Payable.

Are Nidhi Companies allowed to do Vehicle Finance activities?

May 27, 2017 6162 Views 0 comment Print

Nidhi Companies are not allowed to do micro finance business or to provide unsecured loans to its members.Nidhi Companies are allowed to lend/accept funds to/from only to its members, Nidhi can only lend a secured loan to its members

Uttarakhand Goods And Service Tax Act, 2017

May 26, 2017 2802 Views 0 comment Print

Governor is pleased to order the publication of the following English translation of ‘the Uttarakhand Goods and Services Tax Bill 2017

No Penalty for mere Non enclosure of audit report to return of income

May 26, 2017 8862 Views 1 comment Print

In a recent ruling, the Hyderabad ITAT ruled that non- enclosure of audit report to the return of income would not attract penalty under section 271B of the Income Tax Act.

Expenditure Incurred on Issuance of Debentures is Revenue Expenditure: ITAT Bangalore allows Deduction [Read Order]

May 26, 2017 11352 Views 0 comment Print

In Shanders Properties Pvt. Ltd Vs. ITO, the ITAT Bangalore directed the AO to allow the expenditure incurred in relation to issuance of debentures as it constitute revenue expenditure under the provisions of the Income Tax Act.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031