Stay updated on the changes in ITR forms applicable for AY 2019-2020. Know the new requirements of each form and file your income tax returns hassle-free.
In this article, we will emphasis on the applicability of income tax laws on the gifts (movable or immovable) received by an individual from any person.
Vsg Exports Pvt Ltd Vs. Commissioner of Customs (Madras High Court) Facts Refund of Integrated Tax (IGST) paid on the goods exported out of India. Since the respondents did not refund the IGST amount, the Writ Petition was filed. According to the petitioner, they have claimed lower rate drawback as per Notification 131/2016(NT) , dated […]
Clix Capital Services (P.) Ltd. Vs Union of India (Delhi High Court) It is submitted by learned counsel for the petitioner that further to the previous directions, the Form GSTR-3B filed manually has since been processed and the notional demand in respect of Rs.16.80 crores has been reversed. It is submitted that in these circumstances, […]
This compliance book aims at helping and providing practical solutions and day to day compliance requirements to professionals, entrepreneurs and all small to large businesses as it has summarized provisions, charts and important notes with tables which can be easily understood. Compliance Hand Book contains the following- Income Tax- Income Tax Rates, TDS Rate Chart, […]
Central Government dictates details of Class Action Suits via National Company Law Tribunal (Second Amendment) Rules, 2019 Background At the time of Satyam scam, the Indian investors, as opposed to their counterparts in USA, could not file litigations against the fraudulent company. Owing to the peculiarity of weighty financial scam of Satyam in 2009, the […]
Download Latest Form-16 (New Format) Generator with Auto tax Calculator and Salary Statement The CBDT has notified a new format for form-16 vide Income Tax notification No. 36/2019 dated 12/04/2019. The Income Tax department has made many new changes in format of Form-16 – the salary TDS certificate, requiring a detailed break-up of salary, tax exempted allowances paid […]
A. FAQs on Filing Reply or Taking Actions during General Penalty Proceedings u/s 125 of Central Goods & Services Tax Act, 2017. General Penalty: Q.1 When can a General Penalty be imposed on a taxable person? Ans: General Penalty can be imposed under Section 125 on a taxable person, when he/she contravenes any provisions of […]
In this article you will get to know about all the 4 Types of ITC Forms available at GST Portal in brief and will help to get a clear understanding about them by reading CRUX. There are 4 types of ITC Forms, which are as follows:- ♣ ITC 01 – ITC for new GST Registration […]
