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Archive: 18 September 2017

Posts in 18 September 2017

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 4275 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 3774 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Service Tax under RCM on Senior Advocates Applicable from April 2016: Delhi HC

September 18, 2017 2034 Views 0 comment Print

service tax from 1st April 2016 itself ought to have been collected on reverse charge basis. If any client who has paid the fees of the Senior Advocate, has failed to make payment of the corresponding service tax on reverse charge basis, it would be open to the Department to proceed against such client to recover the service tax in accordance with law.

CIT justified in invoking revisionary jurisdiction in PwC case

September 18, 2017 1254 Views 0 comment Print

This appeal by the Assessee arises out of the order of the Learned Principal Commissioner of Income Tax -1, Kolkata [in short the ld CIT] in M.No. Pr. CIT-1/Kol/Revision u/s. 263/2016-17/13718-21 dated 16.02.2017 passed u/s 263 of the Act against the order passed by the DCIT

Perfection And Excellence Is Lacking In Legal Profession: Delhi HC

September 18, 2017 702 Views 0 comment Print

Perhaps, it is because of the said grounds having been allowed by the Courts to prevail, that perfection and excellence is lacking in the legal profession and mediocrity has set in.

GSTN: Working For A Solution Now

September 18, 2017 3051 Views 1 comment Print

In its 21st meeting held at Hyderabad on 9th September, 2017, GST Council formed a small Group of Ministers (GOM) led by me Sushil Modi, Dy. CM of Bihar who had earlier also been Chairman of erstwhile Empowered Committee. GOM has been given a mandate to look into GSTN technological glitches and ensure its smooth functioning by taking required steps. GSTN had earlier claimed that it is prepared for GST launch and it has robust system in place.

Books of accounts cannot be rejected merely at the instance of assessee

September 18, 2017 6198 Views 0 comment Print

During the course of assessment proceedings, in response to each of the queries raised by the assessing officer in relation to observations of the special auditor, the assessee has repeatedly stated that his books of account should be rejected as done in past assessment years.

GST Returns and Navaratri

September 18, 2017 4719 Views 2 comments Print

Krishna, Navaratri will be starting from 21st September of this month. 9 days we worship the Goddess, just like that there is mess of returns everywhere. So tell the information regarding returns.

Due date to file declaration in Form GST TRAN-1 extended till 31.10.2017

September 18, 2017 4137 Views 0 comment Print

Commissioner of State Tax, on the recommendations of the Council, hereby extends the period for submitting the declaration in FORM GST TRAN-1 till 31st October, 2017.

SEBI to Allow REITs / InvITs to raise debt capital by issuing debt securities

September 18, 2017 600 Views 0 comment Print

In order to facilitate growth of Infrastructure Investment Trusts (InvITs) and Real Estate investment Trust (REITs), SEBI Board, has approved certain changes in the captioned regulations, which, inter alia, include the following

Anti dumping duty on New/unused pneumatic radial tyres- Reg.

September 18, 2017 1368 Views 0 comment Print

Notification No. 45/2017- Customs (ADD)- Levy of anti dumping duty on New/unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless tyres) having normal rim dia code above 16 originating in, or exported from China PR

EPFO discontinues submission of Form- 9 in physical form by employer

September 18, 2017 5856 Views 0 comment Print

In exercise of powers conferred on Central Provident Fund Commissioner under paragraph 36(7) of Employees Provident Funds Scheme, 1952, discontinuance of submission of Form No. 9 in physical form is hereby ordered in respect of all the members joining as well as the establishments being covered on or after 1st October, 2017. Copy of the order of the CPFC is enclosed.

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