Appointments Committee of the Cabinet (ACC) has approved Empanelment of the following officers for promotion to the grade of Commissioner of Income Tax (CIT) in the Indian Revenue Service (Income Tax) in Level 14 of the Pay Matrix (Rs.144200-218200/-) for the panel years 2017-18 and 2018, w.e.f. the date of assumption of the charge of the post and until further orders
Sandeep Patil Vs Union of India and Others (Bombay High Court) The impugned show cause notices allege that the goods imported by the petitioner from outside India into the special warehouse would constitute import of goods under the proviso to section 7(2) of the IGST Act, and thereby, liability of payment of tax under the […]
STEP TOWARDS REVERSING ENACTED REGULATION ON IUC COMPELS JIO TO RECOVER TERMINATION CHARGE OF 6 PAISE /MINUTE FOR MOBILE VOICE CALLS TO OTHER OPERATORS RECOVERY THROUGH IUC TOP-UP VOUCHERS; RECOVERY OF TERMINATION CHARGE ONLY UNTIL THE IUC CHARGE IS MADE ZERO CONSUMERS WILL GET EQUIVALENT DATA FOR THE VALUE OF IUC TOP UP VOUCHER NO […]
CBDT amends Rule 10CB relating to interest income computation for secondary adjustments (Notification No. 76/2019/ F.No.370142/12/2017-TPL) Introduction The Finance Act, 2017 inserted Section 92CE in the Income-tax Act, 1961 (the Act) w.e.f. 1 April, 2018 to provide for secondary adjustment, where, as a result of primary adjustment to the transfer price, there is an increase […]
CBIC notifies Central Goods and Services Tax (Sixth Amendment) Rules, 2019 vide Notification No. 49/2019 – Central Tax dated 09-10-2019 and made some important changes as given below- 1. Rule 36(4) inserted in the CGST Rules, 2017- Input tax credit to be availed by a registered person in respect of invoices or debit notes, the […]
CBIC notifies due dates for registered persons whose principal place of business is in the State of Jammu and Kashmir for furnishing of FORM GSTR-1 for the month of August, 2019, FORM GSTR-7 for the month of July and August, 2019 and FORM GSTR-3B for the month of July and August, 2019 | Notification No. […]
Seeks to make filing of annual return under section 44 (1) of CGST Act for F.Y. 2017-18 and 2018-19 optional for small taxpayers whose aggregate turnover is less than Rs 2 crores and who have not filed the said return before the due date | Notification No. 47/2019-Central Tax Dated : 9th October, 2019 Government […]
Seeks to prescribe the due date for furnishing of return in FORM GSTR-1 for registered persons having aggregate turnover more than 1.5 crore rupees for the months of October, 2019 to March, 2020 | Notification No. 46/2019-Central Tax Dated : 9th October, 2019. Government of India Ministry of Finance (Department of Revenue) Central Board of […]
Seeks to prescribe the due date for furnishing FORM GSTR-1 for registered persons having aggregate turnover of up to 1.5 crore rupees for the quarters from October, 2019 to March, 2020 | Notification No. 45/2019-Central Tax Dated : 9th October, 2019. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes […]
Seeks to prescribe the due date for furnishing of return in FORM GSTR-3B for the months of October, 2019 to March, 2020 |Notification No. 44/2019-Central Tax Dated : 9th October, 2019 Government of India M inistry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 44/2019 — Central Tax New […]
