"04 January 2019" Archive - Page 4

Affordable Housing in India and Section 80-IAB

The Union Budget 2017-18 announced number of measures to boost affordable housing which includes Section 80-IAB which allowed 100% deduction on profits generated by developer or builder of affordable housing project....

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Posted Under: Income Tax |

Probate of Will or Will for Transmission of Securities held in demat

Circualr No. SEBI/HO/MIRSD/DOP/CIR/P/2019/05 (04/01/2019)

Succession certificate or probate of will or will or letter of administration or court decree, as may be applicable in terms of Indian Succession Act, 1925 has been prescribed as documentary requirement for transmission of securities held in physical mode....

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Recent Changes in GSTR form 9 & Form GSTR 9C

Audit by Tax Authorities under Section 65 The Commissioner or any officer authorised by him, by way of a general or a specific order, may now undertake audit of any registered person for part of financial year also Revision ( Rule 109B inserted) Where the Revisional Authority decides to pass an order in revision under […]...

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Posted Under: Income Tax |

CBDT Withdraws Circular No. 10/2018 – What made them withdraw?

Circular No. 02/2019 (04/01/2019)

CBDT Withdraws Circular No. 10/2018 dated 31.12.2018 on applicability of section 56(2)(viia) of the Income-tax Act, 1961 for issue of shares by a company in which public are not substantially interested. It is learnt that Same is been withdrawn considering the Negative Impact it may have on National Herald case involving Mrs Sonia Gandhi ...

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7 ULIP Plan Charges That You Need to Know

Investing your hard-earned money is something that everyone should do. There are so many benefits of investing that it makes no sense not to get started. And when it comes to investing, new-age ULIPs have known to garner investor’s attention these days....

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Posted Under: Income Tax |

Join MSME certification Course on GST for Practitioners

JOIN 4 day GST Practitioner Advanced Certified Training course of M.S.M.E. at  Kolkata, Gurgaon, Kolhapur, Goa, Indore, Trichy, Pune, Agra, New Delhi, Mumbai, Chennai, Cochin, Hyderabad and Bangalore in January 2019 and February 2019 starting from 12th January 2019. BROCHURE FOR GST PRACTITIONER ADVANCED CERTIFIED TRAINING ORGANISEED BY ...

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Posted Under: Income Tax | ,

जीएसटी- राजस्थान सरकार भी अन्य सरकारों की तरह ई-वे बिल पर छूट दे

जीएसटी के दौरान ई –वे बिल का एक प्रावधान है जिसके अनुसार 50 हजार से अधिक के माल की सप्लाई पर ई –वे बिल जारी करना होता है और इस प्रावधा...

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Posted Under: Income Tax |

Bank A/c Not Required For GST Registration

Requirement of bank account details has been removed at the time of GST Registration. Now it is required after first login because normally a bank account cannot be opened before commencement of business. Bank account details can be added vide amendment of non-core field. GST Registration: List of Documents for different types of entities...

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Posted Under: Income Tax |

Tax benefits available for home loans

Under Section 80 C, an individual and an HUF can claim a deduction up to Rs 1.50 lakh for principal repayment of home loan taken for a residential house along with other eligible items like Public Provident Fund, Employee Provident Fund, life insurance premium, National Saving Certificates Equity Linked Saving Scheme etc. ...

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