Article- Functional teams in a corporate structure The article discusses about the typical corporate functional teams through which the work of the organization passes through. A typical corporate consists of several teams working in tandem to carry out the operations and to take care of compliances involved. Various teams working in an organization are as […]
Sale notice for sale of movable properties- E-Auction Sale Notice for Sale of Movable Assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 6(2) of the Security Interest (Enforcement) Rules, 2002
1. Refund application filing for multiple tax period is available for below grounds of refund:a. Export of Goods & Services-Without payment of Taxb. Supplies made to SEZUnit/SEZDeveloper-Without payment of Tax2. Refund application can be filed using refund application Form GST-RFD-01A & selecting a particular tax period 3. The multiple tax period application has following restrictions: a. Multiple tax period selection should be within financial year
INDIAN CUSTOMS- UNPRECEDENTED TAX REFORM- Enhanced Ease of Doing Business- Indian Customs has taken a series of measures to simplify Customs processes and procedures during the last few years.
UOI Vs Imtiaz Iqbal Pothiwala (Bombay High Court) We are of the view that in the absence of evidence in the form of regular Books of Account, Registration under the Income Tax and Sales Tax, etc., cannot ispofacto lead to the conclusion that the seized gold bars, are smuggled gold bars. These may lead to proceedings for […]
Govt notifies Court of Session designated as Special Court and Area specified for trial of offence punishable under the Prohibition of Benami Property Transactions Act, 1988 vide Notification No. 67/2018-Income Tax.
Omni Lens Pvt. Ltd Vs DCIT (ITAT Ahmedabad) Where the AO failed to discharge its obligation to conduct a proper inquiry to take the matter to logical conclusion, it is also the obligation of the first appellate authority and indeed that of ITAT to have ensured that effective inquiry is carried out on the subject […]
Oil prices had been rallying till the first week of October (for seven consecutive weeks) on concerns that the looming U.S. restrictions on Iran will squeeze supply at a time when production is already being affected because of geopolitical supply disruptions coupled with temporary Permian pipeline shortages. Added to that is the ongoing crisis in Venezuela, which has led to a massive fall in its oil production.
It is humbly requested that the time limit to file GSTR-3B & GSTR-1 for the month/quarter of September 2018 may be extended to 31st January 2019 or the necessary amendments may be made in the provisions of section 16(4) and section 39(9) to allow the claim of input credit or to rectify the omissions till the due date to file the annual return or audit report.
Everyone knows High Court and Supreme Court but few People like CA/CS/Lawyers know NCLT & NCLAT. Lets through light on this topic in very simple language for better understanding of student and Public at Large. Introduction: – NCLT, National Company Law Tribunal is a quasi-judicial body to regulate and resolve Civil Corporate disputes. Whereas, NCLAT, […]
