Follow Us :

Archive: 11 August 2019

Posts in 11 August 2019

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 7062 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

GST Interest & Penalty- Recommendation in GSTR 9C & Final Accounts

August 11, 2019 49773 Views 19 comments Print

INTEREST/PENALTY PROVISIONS IN GST LIABILITY ON ACCOUNT OF LATE PAYMENTS – F.Y. 2017-18 & 2018-19 (ALREADY GST STATE WISE DEPARTMENTS HAVE STARTED TO DEMAND INTEREST @18% ON LATE PAYMENT OF GST) $$ IGNORED BY SUPPLIERS/CAs/ICWAs AT THE TIME OF ACCOUNTING: In Final Accounts – 2017-18 Liability in Books In Final Accounts – 2018-19, If already […]

Income Tax Updates for July 2019

August 11, 2019 11436 Views 2 comments Print

NEWS – DIRECT TAX 1. Income Tax Department detects foreign assets in recent search. 2. NR earning income from investment fund set up in IFSC is exempt from filing of ITR. 3. CBDT extends due date for filing of ITR from 31-07-2019 to 31-08-2019. 4. Income earned by NR from off-shore investments routed through Category […]

Filing Process of GST Audit Report (GSTR-9C)

August 11, 2019 109449 Views 9 comments Print

Due date for filing reconciliation statement and audit certification under Form GSTR-9C is approaching fast and with several reminders of GST department about filing of same, it seems there are numerous problems faced by the Chartered Accountant in generating json file of GSTR 9C. I have tried to address the issues based only on my […]

GSTR-2A Reconciliation Excel Format

August 11, 2019 79044 Views 21 comments Print

Many GST Taxpayers Struggling (While Filing GST Annual Return -GSTR 9) to GST Inputs Reconciliation GSTR 2A. Here Introduce GSTR 2A Reconciliation Excel format for Simplifying the Reconciliation of GSTR2 A Data(Online Generated) with Your GST input Data. Just Copy & pasting Data’s From GSTR 2A (Online Imported data) and Your GSTR (Input) Workings in […]

Whistle Blower Policy and Insurance Companies

August 11, 2019 4278 Views 0 comment Print

WHISTLE BLOWER POLICY IN INSURANCE COMPANIES A Whistle Blower is a person who exposes any kind of unethical activity, item or information that is deemed to be illegal, unconstitutional or not correct in an organisation. A business organisation is established for profit through business transactions. The business should be carried out according to rules and […]

Conversion from Public to Private company

August 11, 2019 2313 Views 0 comment Print

1. Hold the Board meeting as per section 173 and Secretarial standard-1 -To take the approval of Directors for the conversion of public Company into Private by altering Articles of Company Subject to approval of Central Government (RD) -To get approval of member to alter the Articles of Company -To fix the date and time […]

Homebuyers’ Rights as Financial Creditors under IBC upheld by SC

August 11, 2019 6639 Views 1 comment Print

Pioneer Urban Land and Infrastructure Limited & Anr. Vs. Union of India & Ors. (Suprme Court) Homebuyers’ Rights as Financial Creditors under IBC upheld by Supreme Court A Major Win for Homebuyers! The August 9 verdict of the Supreme Court, validating the amendment in the Insolvency and Bankruptcy Code (IBC), conferring the rights of financial […]

Tax, Tax Levy and Liability of payment of Tax in GST

August 11, 2019 11076 Views 0 comment Print

The essence of taxation is compulsion. Where tax is leviable, person made liable for payment of tax falls under obligation of payment of tax and where such person fails in making payment of tax, law is enforced against him for collection of tax. Where any tax is leviable under any law, person made liable for […]

Power of Attorney Transactions are not Benami Transactions

August 11, 2019 4821 Views 0 comment Print

Supreme Court held that as under on the validity of a SA (Sale Agreement)/GPA (General Power of Attorney)/WILL transactions as under; SA/GPA/WILL transaction does not convey any title nor create any interest in an immovable property. The Immovable Property can be legally and lawfully transferred/conveyed only by registered deed of conveyance.

Section 194N – Whether emulates the Spirit of TDS Provision?

August 11, 2019 7641 Views 1 comment Print

Now A VALID DEBATE can be started whether it can be said that cash withdrawal from bank account by the account holder bears any income element of the recipient so that a valid TDS Provision can be brought in statute?

Search Post by Date
May 2024
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031