"01 June 2019" Archive

18% GST Payable on Plastic handles for motor vehicle doors

In re M/s Nexture Technologies Private Limited (GST AAR Maharashtra)

In re M/s Nexture Technologies Private Limited (GST AAR Maharashtra) The issue before us is in respect of classification of goods manufactured by the applicant. namely: Plastic handle for motor vehicle doors (including lever handle); Plastic fittings for such for motor vehicle’s doors such as Bracket, Housing, Bracket housing, Gaske...

Read More

Addition for Cash deposit in Bank explained without supporting documents justified

Amit Subhaschandra Acharya Vs ITO (ITAT Ahmedabad)

Amit Subhaschandra Acharya Vs ITO (ITAT Ahmedabad) The issue in the instant case relates to the cash deposited by the assessee amounting to Rs. 4,40,000/- in his saving bank account. The assessee claimed that the cash was deposited out of his past savings, salary income and out of the income of his wife. But the […]...

Read More

CIT(A) cannot declare TDS return filed by assessee as invalid

Manoj Kumar Jaiswal Vs ACIT, CPC-TDS (ITAT Bangalore)

CIT(Appeals) had no power in the appeal in the present case to declare the return of TDS filed by the assessee as non est in law. In that view of the matter, we are of the view that the conclusion of the CIT(Appeals) holding that return of TDS filed by the assessee is non est in law is not valid in the eyes of law and the said direction i...

Read More

Transport Expense cannot be disallowed for mere non-furnishing of prescribed forms

ACIT Vs Ms Arihant Trading Co. Pahari (ITAT Jaipur)

ACIT Vs Ms Arihant Trading Co. Pahari (ITAT Jaipur) On perusal of sub-section (6) of section 194C, it is clear that all that is required for non-deduction of TDS on payment to the transporter is that the latter furnishes his PAN number to the person responsible for paying or crediting the amount to him. The […]...

Read More

Marketing services under Foreign Immigration Advisor to Consultant Manager constitutes Intermediary services

In re Mayank Jain (GST AAR Maharashtra)

In re Mayank Jain (GST AAR Maharashtra) Question 1) Whether the Marketing services to he supplied by the Applicant under the Foreign Immigration Advisor to the Consultant Manager constitutes a supply of Support services classified under SAC 99S5 or Intermediary service classifiable under SAC 9961 /9962 or any other heading? Answer :- The...

Read More

Redressal of issues due to technical glitches on www.mahagst.gov.in

Trade Circular No. 38T of 2019 (01/06/2019)

Mechanism for redressal of difficulties faced by taxpayers due to technical glitches on the portal www.mahagst.gov.in. of the Maharashtra Goods and Services Tax Department...

Read More

Registration of Multimodal Transport Operator (MTO)

Registration Process of Multi modal transport operator. Transportation is an integral part of delivering goods from suppliers to customers. Every Company, Firm or Proprietary Concern, either engaged in the business of Shipping, or freight forwarding in India or abroad need to get registered under the Multimodal Transportation of Goods Act...

Read More

Compromise & Arrangement under Companies Act, 2013

Article Analyses Section 230– Power to Compromise or Make Arrangements with Creditors and Members and Section 231– Power of Tribunal to enforce Compromise or arrangement of the Companies Act, 2013. Section 230– Power to Compromise or Make Arrangements with Creditors and Members.             Notified Date of Secti...

Read More

How to submit Online Lower TDS Deposited Declaration

Brief Steps : Lower TDS Deposited Declaration Due to various reasons there could be a reduction in TDS deduction in the current period as compared to the deduction made in the previous period. In that case Centralized Processing Cell (TDS) has enabled deductor to share relevant reasons for  Lower Deduction and/or Lower Payment. Below are...

Read More

How to raise online request for TDS Refund

1. Important Information to raise request for TDS Refund. Deductor can apply for TDS refund from FY 2007-08 onwards. It is mandatory to register digital signature on TRACES to submit the Refund Request PAN of Deductor should be same as per TAN Master and TRACES profile and should be non blank. A refund request consists […]...

Read More