Follow Us:

Archive: October, 2019

Posts in October, 2019

Hindu Succession Act not applies to private property of ruler by virtue of Section 5(ii)

October 4, 2019 10590 Views 0 comment Print

Smt. Krishana Kumari Devi Vs Harihar Chandra Bhanjdeo (Chhattisgarh High Court) It is, indisputably and fairly well settled that private was to remain with him under the covenant/agreement executed with the GOI and the said property has to pass on from one Ruler to another in terms of Article 5 of the agreement. It would […]

GST payable on Receipt of prize money from horse race conducting entities

October 4, 2019 5421 Views 0 comment Print

Whether receipt of prize money from horse race conducting entities, in the event horse owned by the applicant wins the race, would amount to ‘supply under section 7 of the Central Goods and Service Tax Act, 2017 or not and consequently, liable to GST or not?

GST payable on amount collected by Rotary club for convenience of members

October 4, 2019 5730 Views 0 comment Print

In re M/s. Rotary Club of Mumbai Western Elite (GST AAR Maharashtra) Question: – The amount collected by Rotary club is towards convenience of members and pooled together for paying meeting expenses, communication expenses, RI per capita dues, subscription fees to the Rotarian or Rotary regional magazine, district per capita assessment and the same is […]

AAR cannot determine levy of GST on Fees collected from overseas Investors

October 4, 2019 1704 Views 0 comment Print

It can decisively be concluded that the question posed by the Appellant i.e. whether the GST is applicable on the Investment Advisory and Management Fees collected from the overseas Investors, is beyond the jurisdiction of the Advance Ruling, and hence cannot be decided by the Advance Ruling Authority

Summary of procedure for E-assessment Scheme, 2019

October 4, 2019 7281 Views 3 comments Print

E-assessment Scheme, 2019 is notified vide Notification No. 61/2019- Income Tax dated 12th September, 2019. ‘Assessment’ means assessment of total income or loss of the assessee under sub-section (3) of section 143 of the Act.  ‘e-assessment’ means the assessment proceedings conducted electronically in ‘e-Proceeding’ facility through assessee’s registered account in designated portal. The assessment under […]

IRDA directions on Preparation of Financial Statements by Life Insurers

October 4, 2019 8367 Views 0 comment Print

In order to bring further uniformity, comparability and fair presentation of financial position in the Financial Statements filed by the insurers, Insurance Regulatory and Development Authority issues the following directions. Insurance Regulatory and Development Authority CIRCULAR Ref No: IRDA/F&A/CIR/MISC/184/10/2019 Date: 4th October, 2019 To, The CMDs/CEOs All Life Insurance Companies Sub : Preparation of Financial Statements […]

SC Denies Anticipatory Bail to P. Chidambaram in Money Laundering Case Over Procedural Concerns

October 4, 2019 195 Views 0 comment Print

Supreme Court of India admits appeal but upholds the denial of anticipatory bail for P. Chidambaram in the INX Media money laundering case, citing the gravity of the economic offense.

How to Raise Grievance for GST refund claim filed but not processed

October 4, 2019 26529 Views 1 comment Print

Raise a Grievance for refund claim (RFD 01A) filed which has not been processed -reg If you had filed claim for Refund using the Form GST RFD01A and In case your claim has not been processed by tax authorities i.e. sanctioned or rejected or you have not received the amount sanctioned to you, then you […]

Statement by Governor – Fourth Bi-monthly Monetary Policy Statement, 2019-20

October 4, 2019 969 Views 0 comment Print

This post contains Statement by RBI Governor – Fourth Bi-monthly Monetary Policy Statement, 2019-20, Fourth Bi-monthly Monetary Policy Statement, 2019-20 Resolution of the Monetary Policy Committee (MPC) and Statement on Developmental and Regulatory Policies. Reserve Bank of India Statement by Governor – Fourth Bi-monthly Monetary Policy Statement, 2019-20, October 4, 2019 Over the past three […]

Order No. 220/2019- Transfer & Posting of CCsIT & PCsIT

October 4, 2019 6369 Views 0 comment Print

OFFICE ORDER NO. 220 OF 2019 The following transfer/posting of the officers in the grade of Chief Commissioner of Income Tax and Principal Commissioner of Income Tax to the Newly Created Regional e-Assessment Centre (ReACs) at various Station across India are, hereby, ordered, with immediate effect and until further orders:

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031