"27 May 2019" Archive - Page 3

Task Force to draft New Direct Tax law to submit report by 31.07.2019

F No 370149/230/2017- Part (3) (27/05/2019)

Task Force for drafting a New Direct Tax Legislation- The term of the Task Force is extended by a period of two months i.e.. the Task Force may be allowed to submit its report by July 31, 2019....

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Draft Customs (Import of Goods at Concessional Rate of Duty) (Amendment) Rules, 2019

Draft Notification No. __/2019 – Customs (N. T.) (27/05/2019)

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. __/2019 – Customs (N. T.) New Delhi, the __May, 2019 G.S.R. (E). – In exercise of the powers conferred by section 156 ...

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SEBI guideline on Enhanced disclosure in case of listed debt securities

Circular No. SEBI/ HO/ MIRSD/ DOS3/CIR/P/2019/68     (27/05/2019)

With a view to further secure the interests of investors in listed debt securities, enhance transparency and to enable Debenture Trustees (DTs) to perform their duties effectively and promptly, pursuant to public consultation, amendments to the existing regulatory framework for governing Debenture Trustees (DTs), vide Gazette notification...

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How to check TDS/TCS Challan status in case Challan is Unclaimed or Claimed

Important Information on Challan Status – Deductor can check Challan status in case Challan is Unclaimed or Claimed. – Please Click on View your BINFor BIN details prior to FY 2013-14 – Deductor can check Challan status using BIN details or CIN details. – Deductor have two option taxguru.in  for check Challan Stat...

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Posted Under: Income Tax |

Audits by GST Department and procedure to follow

Now we are ready to face new chapter in GST Law i.e. Audit notices from the CGST and SGST officers under Sec. 65 of the CGST Act,2017. So, I am trying to share my knowledge in Audit under CGST Law, 2017....

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Posted Under: Income Tax |

Compliances of Private Limited Company

Every day hundreds of entrepreneurs come up with new ideas for the legal foundation of their prospective businesses. One basic and most important question that comes up to their mind is which structure is best suited to them. After taking a close look at the trends in start-ups, it is found that private limited company […]...

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Posted Under: Income Tax |

GST on Ocean Freight: A continuing Pain

In this article will shall discuss the legal issues and recent development on issue of GST on Ocean freight in below mention seriatim: 1. Introduction: Economy perspective 2. What is Ocean Freight? 3. Dual taxation 4. Interplay of Reverse charge and Place of provision of Service 5. Valuation of Service 6. Advance Ruling ...

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Posted Under: Income Tax |

Assessments by GST Department officers under GST Law

Now GSTN share tax payers data from 01.07.2017 to 31.03.2019 to CGST, SGSTT officers. Based on that data GST officers issue notices of records, ask for submission of details over phone and conduct surprise visits. As a upcoming tax professionals you must know about the procedure of assessments under GST Scenario and what are the […...

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Posted Under: Income Tax |

How to Download & Install TRACES Web Socket Emsigner

1. Web Socket emSigner – Introduction 2. Guide to Download and Install Web Socket Emsigner. Requirements for Using Digital Signature Functionality. Requirement for using Digital Signature functionality on Google Chrome browser and Mozilla Firefox browser: TRACES Web Socket Emsigner solution works best only on Google Chrome and Mozil...

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Posted Under: Income Tax |