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Archive: 17 April 2018

Posts in 17 April 2018

Benefit Match Proceeds not Taxable: ITAT Relief to cricketer Sameer Dighe

April 17, 2018 1971 Views 0 comment Print

This appeal by the Revenue is arising out of the order of Commissioner of Income Tax-30, Mumbai [in short CIT(A)], in appeal No. CIT(A)-30/AC19(3)/238/2014-15 dated 03-12-2015. The Assessment was framed by the Asst. Commissioner of Income Tax

GST: Goods seized in transit to be released on tax payment as per SCN

April 17, 2018 2028 Views 0 comment Print

Iqra Roadways (India) Vs. State of U.P. (Allahabad High Court) In the instant case since the factual disputed issues are involved and further that the penalty proceedings are already initiated, as intimated by the counsel for the State, therefore, it would be proper in the interest of justice that the seized goods be released in favor of the petitioners on the payment of an amount of Rs. 1,11,564/- (as indicated in the show cause notice dated 26.9.2017).

Who can use ITR 1, ITR 2, ITR 3 and ITR 4 Sugam for A.Y. 2018-19

April 17, 2018 39954 Views 8 comments Print

Article discusses who can use ITR 1 (SAHAJ), ITR 2, ITR 3 and ITR 4 Sugam Form for Assessment Year 2018-19 or Say Financial Year 2017-18.

How to Generate E-way Bill in case of Export & Mandatory Fields

April 17, 2018 246423 Views 32 comments Print

Many assessees are confused while generating E-way Bill for export. Today I am going to clarify on few points which will help you while generating E-way Bill in case of Export.

Solution to problem while filing GSTR-1 due to filing of GSTR-6 open due date

April 17, 2018 20340 Views 1 comment Print

Before explanation of the issue faced by taxpayers due to open due date of GSTR -6 and resolution let us go through the basic requirement of filings and meaning of open due date.

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