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Archive: 28 June 2018

Posts in 28 June 2018

Allow Form TRAN-1 upload & ITC credit available during migration: HC

June 28, 2018 3672 Views 0 comment Print

If the petitioner applies within two weeks after receiving this judgment, the Nodal Officer will consider and take steps within a week thereafter. If the uploading of FORM GST TRAN-1 is not possible for reasons not attributable to the petitioner, the authority will also enable him to take credit of the input tax available at the time of migration.

Tax Evasion Cannot Be Presumed If Goods In Transit were Not Marketable

June 28, 2018 1251 Views 0 comment Print

Dept. t explanation for cancellation of e-suvidha declaration. Appellant replied that the goods being transported were Auto three wheelers fitted with BS III Engines and because sale thereof were prohibited by the judgment of Hon’ble Supreme Court and the goods which were being transported stood reduced to scrap and were not marketable, those were to be returned to be consigner. T

Government establishes NCLT, Jaipur Bench at Jaipur

June 28, 2018 3366 Views 0 comment Print

Central Government hereby establishes the National Company Law Tribunal, Jaipur Bench at Jaipur and for the said purpose further amends the notification of the Ministry of Corporate Affairs number S.O. 1935 (E), dated the 1st day of June, 2016, namely:—

Consultation paper on measures to enhance efficiency in polling methodology adopted for spot price determination of commodities

June 28, 2018 576 Views 0 comment Print

Consultation paper on measures to enhance efficiency in polling methodology adopted for spot price determination of commodities 1 Objective 1.1 The objective of this consultation paper is to seek comments / views from the public on measures to further enhance efficiency in the polling methodology adopted for determination of spot price for commodities. The availability […]

Tax savings through your senior citizen parent

June 28, 2018 13581 Views 8 comments Print

Section 80 C provides for deduction of upto Rs. 1.50 lakhs in respect of life insurance premium along with various other items. For Life insurance premium the deduction can be claimed even where the payments are made for your children.

Ways to save tax other than Section 80C

June 28, 2018 15024 Views 13 comments Print

As the date 31st March comes closer tax assessees try to find different ways to save their hard-earned money from being taxed (of course in a Positive manner) and that’s why here  I am  for explaining various ways through which an assessee can save his/her tax lawfully. Now whenever we talk about tax savings, we […]

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