"10 January 2019" Archive - Page 4

Letter To GST Council on Shortcomings In Revised GSTR-9

Inform- GSTR 9 there have been various points which have created confusion among taxpayers on account of ambiguous and contradictory instructions given in the form. There was also a shortcoming that this form is only a sum-up of form GSTR-3B and GSTR-1, as already submitted....

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Taxation of bonds and debentures

Any profit made on sale of an investment generally referred to as capital asset under the income tax laws becomes taxable as short term or long term capital gains depending on the holding period of such asset. Different holding periods, ranging from 12 months to 36 months, are prescribed for different class of assets to […]...

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