American business to watch for these monumental changes include corporations, S Corporations, partnerships like LLCs and sole proprietorships. I gleefully agree that as a business owner or self-employed individual one may like to review tax reform sections that may affect the bottom line of the business.
Seeks to rescind notification No. 11/2018-Customs (ADD), dated 20.3.2018, in pursuance of New Shipper Review final findings issued by DGTR vide Notification No. 35/2019-Customs (ADD) dated: 06th September, 2019. Government of India Ministry of Finance (Department of Revenue) Notification No. 35/2019-Customs (ADD) New Delhi, the 06th September, 2019 G.S.R. (E).- In exercise of the powers conferred […]
CORRIGENDUM to Notification No. 33/2019-Customs (ADD), dated the 26th August, 2019 MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 6th September, 2019 G.S.R. 639(E).—In the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 33/2019-Customs (ADD), dated the 26th August, 2019, published in the Gazette of India, […]
Seeks to amend notification No. 2/2016-Customs (ADD), dated 28.01.2016, in pursuance of New Shipper Review final findings issued by DGTR vide Notification No. 34/2019-Customs (ADD) dated: 06th September, 2019. Government of India Ministry of Finance (Department of Revenue) Notification No. 34/2019-Customs (ADD) New Delhi, the 06th September, 2019 G.S.R. 640(E).- Whereas, in the matter of import […]
Addition on account of cash deposits can be made only if the source of the deposits remains unexplained. If, on the other hand, the cash deposits in the bank are from the regular books of account maintained by the assessee, then such transactions cannot be said to be unexplained.
Notification No. 42/2019-Customs (N.T./CAA/DRI), Dated: 06.09.2019 appointment of common adjudicating authority by Director General, Revenue Intelligence. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 42/2019-Customs (N.T./CAA/DRI) New Delhi, dated the 06th September, 2019 S.O. 3245(E).– In pursuance of notification No. 60/2015-Customs (N.T.), […]
Amendment to Notification under MVAT Act Section 41(1) (Add Republic of Bangladesh w.e.f 01.06.2019) FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 6th September 2019. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT. 1519/CR 79/Taxation-1.— In exercise of the powers conferred by sub-section (1) of section 41 of […]
Notification No. 41/2019-Customs (N.T./CAA/DRI), Dated: 06.09.2019 appointing common adjudicating authority Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 41/2019-Customs (N.T./CAA/DRI) New Delhi, dated the 06th September, 2019 S.O. 3246(E).- In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated […]
We hold that there is no immunity to the companies from prosecution merely because the prosecution is in respect of offences for which the punishment prescribed is mandatory imprisonment.
Gujarat High Court in the matter of AAP & Co. vs UOI has grants interim relief in writ challenging imposition of late fees for late filing of GSTR-3B under Section 47 of the CGST Act.
