Notification No. 50/2018–Customs- seeks to provide the tariff concession to the goods of the description specified in column (3) of the Table hereto annexed and falling under the Chapter. MINISTRY OF OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 50/2018–Customs New Delhi, the 30th June, 2018 G.S.R. 604(E).—In exercise of the powers conferred by sub-section (1) […]
Article informs the taxpayers about the broad tax treatment of foreign income of persons resident in India. In a liberalized economy, more and more citizen of the country are travelling to work and earn income in foreign countries. Often these taxpayers are not adeuately equipped to understand the taxability of their foreign income. Article is […]
The awaited applicability of section 9(4) of CGST Act, section 5(4) of IGST Act & Section 7(4) of UTGST Act which was exempted earlier till 30.06.2018 has been now further extended again via notification given below till 30.09.2018. The exemption contained in this notification shall apply to all registered persons till the 30th day of […]
The CBDT has issued the Final Notification No. 29/2018 dated 22 June 2018 (applicable from AY 2017-18) for exception, modification and adaptation in respect of a foreign company said to be resident in India due to its place of effective management (POEM) being in India, under Section 115JH of the Income-tax Act, 1961 (the Act). […]
There have been swift improvements in the Information Technology sector which have revolutionised our work and personal lives. Technology has entered every sphere of life such as banks, offices, social networks, stock markets, shopping etc., resulting in sharing of one’s personal information with numerous machine one comes across daily.
The question before the Court was whether the value of goods and materials supplied free of cost by the service recipient was to be included in the computation of gross amount charged for the valuation of taxable service?
The Reserve Bank of India (RBI’), with the objective of integrating the various reporting structures of foreign investment in India, has introduced a Single Master Form (SMF). The SMF would be required to be filed online and would provide a facility for reporting total foreign investment in an Indian entity.
GST Annual Return Applicable To: Every registered person including those registered under composition levy scheme shall furnish an Annual Return in GSTR-9.
A. Who have to File DIR-3 KYC?Every Director who has been allotted DIN on or before 31st march, 2018 and whose DIN status is ‘Approved’.
It is written that the partners should file all the pending forms AOC 4 and MGT 7 along with representation letter and the requisite strike off forms with the Registrar along with the fees and penalty with in one month from the date of issue of such notice. On due satisfaction the name will be struck off.
