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Archive: 19 November 2018

Posts in 19 November 2018

Free Live Webinar: Dematerialization of Securities and Recent Amendments

July 2, 2024 2799 Views 0 comment Print

Join our free webinar on July 4th at 4:00 PM to gain insights into the dematerialization of securities and recent amendments. Register now for key updates.

Free Webinar: Analysis of 10 Recent Income Tax Judgments in Favour of Assessee

July 1, 2024 4578 Views 0 comment Print

Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.

Payment for bandwidth charge utilization was royalty & TDS applicable

November 19, 2018 5796 Views 0 comment Print

CIT Vs Infosys Technologies Ltd. (Karnataka High Court) Payment for bandwidth charge utilization was royalty and TDS was required to be deducted under section 195 of Income Tax Act, 1961 and on failure to deduct TDS, the disallowance under section 40(a)(i) was rightly made by the Assessing Officer. FULL TEXT OF THE HIGH COURT ORDER […]

Clarification for re-imports through Post

November 19, 2018 915 Views 0 comment Print

Certain references have been received seeking clarification as regards applicability of notification No. 45/17-Cus, and 46/2017-Cus, both dated 30th June 2017 to the reimports of goods which were earlier exported through Post.

GSTN & GST Information System- Guidelines for troubleshooting- help desk

November 19, 2018 2025 Views 0 comment Print

Kerala State has decided to develop the back end modules for the GST at their end. The development of the state GST backend software was entrusted with National Informatics Centre, Govt of India with the support of development team.

Father’s name non-mandatory in PAN application form: CBDT

November 19, 2018 18798 Views 0 comment Print

Whether mother is a single parent and you wish to apply for PAN by furnishing the name of your mother only? Yes No (please tick as applicable) If yes, please fill in mother’s name in the appropriate space provide below. Father’s Name (Mandatory except where mother is a single parent and PAN is applied by furnishing the name of mother only)

GST on licensing services for right to use ‘system’ & ‘system property’

November 19, 2018 3276 Views 0 comment Print

In re Yum Restraunts (India) Pvt. Ltd. (GST AAR Haryana) Q1. Whether the services provided under technology license agreement entered into by the applicant will qualify under service accounting code 9973 which provides for ‘temporary or permanent transfer or permitting the use of enjoyment of intellectual Property (IP) right in respect of goods other than […]

AAR cannot give ruling on whether goods can be supplied through delivery challan

November 19, 2018 765 Views 0 comment Print

In re Shiva Goods Carrier (GST AAR Uttar Pradesh) Whether the Applicant can dispatch the commodity of Eucalyptus / poplar wood at the time of supply through delivery challan, which is supplied by him and the tax invoice be issued later after the goods is delivered and measured by the purchaser? On examination of Section […]

Listed entities to disclose reasons for delay in financial result submission

November 19, 2018 1935 Views 0 comment Print

If any listed entity does not submit its financial results in accordance with the timelines specified in Regulation 33 of Listing Regulations, the listed entity shall disclose detailed reasons for such delay to the stock exchanges within one working day of the due date of submission for the results as required under Regulation 33.

Transport documents can be produced in electronic form

November 19, 2018 4977 Views 0 comment Print

As per the amended provision, the citizen can produce the transport related documents such as registration, insurance, fitness and permit, the driving licence, certificate for pollution under check and any other relevant documents, if required, in physical or electronic form of on demand by any police officer in uniform or any other officer authorized by the State Government in this behalf.

Examine Taxability of Services Charges Charged by Hotels: CBDT

November 19, 2018 1197 Views 0 comment Print

Ministry of Consumer Affairs has brought to the notice of the Board that some hotels/restaurants are still pre-emptively deciding upon the service charge without allowing the customers to voluntary decide whether they actually want to pay the service charge or not.

What is NFRA ? & its Functions & Powers.

November 19, 2018 18852 Views 1 comment Print

Recently the MCA has published National Financial Reporting Authority Rules, 2018 (NFRA Rules) to keep check on compliance of accounting standards and policies by the companies & also to penalize the defaulters. For Published Rules click =>   National Financial Reporting Authority Rules, 2018 (NFRA Rules) Now, the question is what is NFRA & what are […]

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