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Archive: September, 2017

Posts in September, 2017

Here’s a Quick way to manage your Personal Finance Documents

September 17, 2017 2448 Views 0 comment Print

We all come across situations wherein our personal finances go beyond control. Despite trying hard to maintain it every month, we fail. This happens as we do not keep important personal finance documents at one place and update them on a regular basis. Due to this, our entire expenses of house get mixed up and we land up in trouble.

National Company law tribunal (NCLT) and Important role for PCS

September 17, 2017 7419 Views 0 comment Print

Government has Constituted 11 Benches of NCLT, out of which 2 will be the Principal Bench, which shall be Preside at New Delhi.And the regional bench territory authority is in Ahmedabad, Allahabad, Bengaluru, Chandigarh, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai.

Cosmic Astrology Forecast on GST Implementation

September 17, 2017 24081 Views 16 comments Print

Public will suffer from inflation and price-rise due to GST implementation till April 2018; as the Panchanga elements are not Supportive but the strength of lagna and Moon shows the success of GST in next Financial Year, according to Astrology Predictions by Vinayak Bhatt, Cosmic Astrologer, who has first time introduced Science behind astrology in India.

Internal Audit Checklist

September 17, 2017 41691 Views 0 comment Print

Generic Internal Audit Checklist  in excel format for ready reference of readers.

Petrol/diesel prices not market driven, but tax driven, Center, states should cut levies: ASSOCHAM

September 16, 2017 1530 Views 0 comment Print

Consumer is getting restive about a three year high in the petrol and diesel prices because he/she feels the concept of market-determined rates was tampered with by frequent tax hikes when the crude oil prices fell steeply and are ruling at exactly half the level of USD 107 per barrel in May, 2014 even after rising in the last three months.

How to Calculate benefits from GST while Purchasing Apartments

September 16, 2017 19908 Views 16 comments Print

Subsequent to introduction of GST, various Government Functionaries and Authorities has issued statements that GST has positive impact on Apartment Sales and their prices will be coming down. This has fuelled the aspiring Buyers to enquire and check the Apartment Prices whether they actually have come down or not. On the other hand, many Builders […]

Solution to GST Return Errors- Blank Dashboard for Return

September 16, 2017 41898 Views 13 comments Print

GST RETURN ERRORS-BLANK DASHBOARD FOR RETURN COMMON VALIDATION ERRORS WHEN THE RETURN DASHBOARD IS BLANK AFTER LOGIN: – 1. Name and Date of Birth mismatch with PAN data base – on promoter/partner and authorised signatory tab, taxpayer to verify name appearing in www.searchpan.in 2. Name mismatch with UIDAI data base – on promoter/partner and authorised […]

Applicability of GST Law On Co- Operative Housing Societies

September 16, 2017 19404 Views 18 comments Print

This article has been written with a view to increase awareness of members of Housing Societies and Management Committee towards registration requirements and the services which are exempted and which attract GST. An attempt has been made to analyze the terms used in various sections of GST Act and provide some insight into its applicability to Housing Societies.

Adjustments as required under ICDS – Clause 13 (e) of Form 3CD

September 16, 2017 38001 Views 2 comments Print

Adjustments under ICDS will mean additions to arrive at total income in beginning and in later years same additions will have to be deducted in computation of Total income. The adjustments thus are in the nature of only timing difference – advancing the revenue collection – But Tax neutral in the long run. Disclosure with respect to ICDS to be done in Form 3CD – only if assesse is subject to tax audit. Impact of ICDS would be more to those who were Never following Accounting Standards of ICAI / Companies Accounting Standard Rules

Simplified E-Way Bill Under GST

September 16, 2017 9585 Views 0 comment Print

The Government has notified E-Way Bill Rules vide notification no. 27/2017 dated 30.08.2017. The date of implementation of the e-way bill mechanism would be notified separately, but various sources said it is likely to come into force by 1st October, 2017.

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