The GSTN has introduced the new RFD-01A form for Refund by Supplier of deemed export. In this article we will see the detailed analysis related to the Refund form, Rules and how to file the nil and not a nil refund form online. √ Who can file a refund application in case of Deemed Exports […]
Central Government hereby notifies for exemption U/s. 10(46), ‘Uttaranchal Board of Technical Education, a board constituted by the State Act Uttaranchal Board of Technical Education Act, 2003 vide Notification No. 66/2018 Dated : 8th October, 2018.
Central Government hereby notifies for exemption U/s. 10(46), ‘Real Estate Regulatory Authority, Punjab’, an authority constituted by the Government of Punjab vide Notification No. 65/2018 Dated : 8th October, 2018. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 8th October, 2018 S.O. 5179(E).—In exercise of the powers conferred by […]
Lakesh Kumar Introduction :– From 1st June, 2013, the purchase of immovable property (other than rural agricultural land) is required to deduct tax at source as per provisions of section 194IA of the Income Tax Act, 1961. However this section applicable only when sale consideration of the immovable property more than 50 Lacs. This provision […]
Tribunal does not have powers to condone the delay beyond the period of 120 days as mentioned in Rule 7(2) of the Rules. As sequel of above discussion, it is held that appeal filed by the appellant herein is hopelessly time barred as such the delay in filing the appeal is uncondonable in view of the embargo contained in Rule 7(2) of the Rules. Accordingly the application is rejected.
Central Government hereby notifies for exemption U/s. 10(46),‘Madhya Pradesh Electricity Regulatory Commission’, Bhopal, a Commission constituted by the State Government of Madhya Pradesh vide Notification No. 64/2018 Dated : 8th October, 2018. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 8th October, 2018 S.O. 5178(E).—In exercise of the […]
Central Government hereby notifies for exemption U/s. 10(46), ‘Kerala State Electricity Regulatory Commission’, Thiruvananthapuram, a commission established by the Government of Kerala, vide Notification No. 64/2018 Dated : 8th October, 2018. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION No. 63/2018 New Delhi, the 8th October, 2018 S.O. 5177(E).—In exercise of […]
Central Government hereby notifies ‘Karnataka State Unorganised Workers Social Security Board’, Bengaluru, a board constituted by the Government of Karnataka for exemption U/s. 10(46) vide Notification No. 62/2018 Dated 8th October, 2018. MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) Notification No. 62/2018 New Delhi, the 8th October, 2018 S.O. 5176(E).—In exercise […]
Securities Transaction Tax (STT), is the tax deduction that is applied to all your equity transactions. Introduced in the 2004 Union Budget by the then Finance Minister Mr. P Chidambaram, the deduction is to ensure that gains arising from securities transaction are taxed at source, thus preventing individuals from evading capital gains tax. So, what […]
Central Government hereby notifies Hyderabad Metropolitan Water Supply and Sewerage Board, Hyderabad, a board constituted by Government of Andhra Pradesh for exemption U/s. 10(46) vide Notification No. 61/2018 Dated 8th October, 2018. MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) Notification No. 61/2018 New Delhi, the 8th October, 2018 S.O. 5175(E).—In exercise […]
