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Archive: August, 2017

Posts in August, 2017

Step by Step Guide on how to file the Form GST TRAN-1

August 25, 2017 38835 Views 13 comments Print

Select the option Yes or No far Whether all the returns required under relevant earlier laws for the period of six months immediately preceding the appointed date have been furnished. Relevant tables will be visible in Form GST TRAN I, depending upon the option selected.

How nationalism evolved in Hindi films

August 25, 2017 2535 Views 1 comment Print

Several memorable Hindi films, over the last 70 years, have appealed to people’s sense of patriotism, valour and self-sacrifice for the nation. Their subjects range across freedom struggle, invasions & battles, sports, ancient and medieval history, insurgency etc.

BCAS Representation on Intimation U/s. 143 (1) without Detailed Analysis

August 25, 2017 37923 Views 35 comments Print

1) Intimation issued under section 143(1) of the Income-tax Act, 1961 (`the Act’) displays mismatch of income without detailed analysis or reconciliation, of income tax returns filed by assesses. 2) Challenges and potential consequences in relation to returns processed by CPC

Video : How and what to fill Table 5b and 5c of GST TRANS form

August 25, 2017 11397 Views 0 comment Print

Table 5b and 5c of GST trans form shall be used by registered VAT dealer to convert their VAT into SGST. Table 5b requires the assessee to file all C Form, F Form and H / I Form which have been received by them. Table 5C requires the assessee to file only those statutory forms which have not been still received by them. If the forms are not received then that credit cannot be coverted into SGST. These 2 video delves into these burning issues. Hope you all like it.

Identifying dealers effecting sale of non-GST goods after 01/07/2017

August 24, 2017 12201 Views 0 comment Print

A dealer who continues to do business of selling the goods (after from 01 April 2017) mentioned in para 2/3 above, however, shall remain liable to pay tax under the MVAT Act, 2002 and the CST Act, 1956. Such dealers may include the dealers who are liable to pay tax under the MGST/CGST/IGST Acts brought in from forth 01/07/2017.

Commencement of sub-sections (8) to (10) of section 212 of CA 2013

August 24, 2017 2664 Views 0 comment Print

Central Government hereby appoints the 24th day of August,2017 as the date on which the provisions of sub-sections (8), (9) and sub-section (10) of section 212 of the Companies Act, 2013 shall come into force.

Issue of Unsecured Non-Convertible Debentures to Private Sector Bank

August 24, 2017 17952 Views 1 comment Print

A Company issue Unsecured Unlisted Non-Convertible Debentures of maturity of three years to private sector bank against the Corporate Guarantee of its holding Company. The Company will appoint a Debenture Trustee and will execute a Debenture Trust Deed.

CGST (Extension to Jammu and Kashmir) Act, 2017.

August 24, 2017 3037 Views 0 comment Print

(1) This Act may be called the Central Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017. (2) It shall be deemed to have come into force on the 8th day of July, 2017.

IGST (Extension to Jammu and Kashmir) Act, 2017

August 24, 2017 1435 Views 0 comment Print

The Integrated Goods and Services Tax Act, 2017 and all rules, notifications, schemes and orders made thereunder by the Central Government are hereby extended to, and shall be in force in, the State of Jammu and Kashmir.

How to Invest in Stock Market – Long Term and Short Term?

August 24, 2017 3099 Views 0 comment Print

Once the finalists are selected, they go public seeking votes. The artist who is popular among the public gets the most number of votes and announced as a winner, and the least becomes the loser. At times, the loser seems to be much more talented than the winner. This is how the stock market or share market investment plan works in the short term.

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