Word own in s. 54F would include only the case where a residential house is fully and wholly owned by assessee and consequently would not include a residential house owned by more than one person.
Seeks to impose definitive anti-dumping duty on imports of Glassware, originating in, or exported from People’s Republic of China and Indonesia.
A. 1 Whether Marine Consultancy Service provided to foreign ship owners constitutes composite supply with the principal supply of consultancy service? A. 2 Whether the place of supply of MCS (as a composite supply) will be determined in terms of Section 13(2)(a) of the Integrated Goods and Services Tax, 2017, i.e. the ‘location of recipient of service’?
A.M. Muthiah & Anr. Vs DCIT (ITAT Mumbai) Issuance of notice under section 143(2) is mandatory, and absence thereof invalidates even a reassessment made in pursuance to section 148 and reliance placed by AO on section 292BB was misplaced.
After my earlier Article on How to Generate E-way Bill in case of Export and Details to be filled in the mandatory fields of generating E-way Bill? Now I am going to clarify few points which will help you while generating E-way Bill in case of Import. Following are the mandatory Fields for generating E-way Bill […]
It is felt that there is an urgent need to devise a Standard Operating Procedure (SOP) to deal with Advance Ruling applications in order to ensure timely submission of departmental comments and/ or relevant records which are sought by Advance Ruling Authority and follow up in those cases.
Article compiles top 10 Changes in Income Tax for Assessment Year 2018-19. 1. Change in Income Tax Slab Rate for AY 2018-19 for Individuals : The only change in Income Tax Slab Rate is change in the tax rate for income falling between 2,50,000 – 5,00,000, it has reduced from 10%(in AY 17-18) to 5%.
Source of generation of Bitcoins and its taxability – Considering that there is no specific mention in the Income-tax regarding taxability of cryptocurrencies, one needs to understand the possible views which the income tax authorities might take in order to get the income generated from such transactions within the gamut of taxation in India.
With the advent of new Companies Act, 2013, Corporate Governance has become the essence of all Business Houses. Under the Companies Act, 2013, removal of name under Sections 248-252 is a privilege given to the Corporate to close their dormant entities legally without any hassles.
No requirement of generation of E-Way Bill for intra-state movement within Maharashtra for period 1st April 2018 to 30th April 2018.
