Follow Us :

Archive: 17 January 2020

Posts in 17 January 2020

ITC under GST on Corporate Social Responsibility

January 17, 2020 27510 Views 5 comments Print

Some Important Definitions: Goods means every kind of movable property other than money and securities but includes actionable claim, growing crops, grass and things attached to or forming part of the land which are agreed to be severed before supply or under a contract of supply. [Sec. 2(52) of CGST Act] Services means anything other […]

ITC restrictions by new rules Rule 36(4) & 86(A) of CGST Rules, 2017

January 17, 2020 21759 Views 0 comment Print

The Rule 36(4) of the CGST Rules has been inserted vide notification No. 49/2019, Central Tax dated 09-10-2019. Since after the introduction this has made a lot of hue and cry among the tax payers . Some problems of the tax payers are really genuine . Although the government has come up with the some […]

Whole Sale and Retail trade Services under GST

January 17, 2020 34134 Views 3 comments Print

Meaning of Goods: As per Section 2(52) of the CGST Act,2017, goods means every kind of movable property other than money and securities but including actionable claim growing crops, grass and things attached to or forming part of the land which are agreed to be served before supply or under a contract of supply. Meaning […]

Income Tax- Machinery Provision vs. Substantive Provision- Analytical Study

January 17, 2020 8931 Views 4 comments Print

The Income Tax Act (the Act) has to be read as an integrated whole. Further, any section / enactment laying down the machinery for computing ‘chargeable- income’ from a transaction (SOURCE OF INCOME) rather ought not but to, – be read and given effect de-hors the ‘charging’ section.

TFM cannot be the determinative factor for classification of Soap

January 17, 2020 1521 Views 0 comment Print

Hindustan Unilever Ltd. Vs Commissioner of Central Ex. (CESTAT Kolkata) It is clear that the Revenue has suddenly taken upon itself the understanding that the Drugs & Cosmetics Act has distinguished the ‘toilet soaps’ that the content of 60% TFM and above alone are soaps and less than 60% are bath preparations which is totally […]

Checklist to change registered address of company from one state to another

January 17, 2020 5025 Views 0 comment Print

Checklist/Guidelines for change of registered address of the company from one state to another Applicable Sections under Companies Act 2013 – Section 4 (Memorandum), Section 12 (Registered Office of the Company) Section 13 (Alteration of Memorandum of Association) Applicable Rule under Companies (Incorporation) Rules, 2014 – Rule 30 (Shifting of Registered Office from one State […]

Section 153C Assessment not valid for assessment years not covered within 6 year period

January 17, 2020 3444 Views 0 comment Print

Where the impounded documents had been received by AO on 29-1-2014 and six assessment years under section 153C in case of assessee would be assessment years 2008-09 to 2013-14, therefore, initiation of proceedings under section 153C by AO for assessment years 2006-07 to 2011-12, was illegal and not sustainable in law.

Rajasthan Investment Promotion Scheme- 2019

January 17, 2020 13569 Views 0 comment Print

RAJASTHAN INVESTMENT PROMOTION SCHEME – 2019- In order to generate employment opportunities and promote rapid, sustainable and balanced economic growth in the State of Rajasthan

ICSI Guidelines for Attire and Conduct of Company Secretaries, 2020

January 17, 2020 3156 Views 0 comment Print

ICSI Guidelines for Attire and Conduct of Company Secretaries, 2020  shall be applicable on all company secretaries appearing before  any statutory body, courts, tribunals or quasi judicial bodies on behalf of their employer or their clients. ICSI Guidelines for Attire and Conduct of Company Secretaries, 2020 shall supersede the Guidelines for Professional Dress Code for […]

ICSI Guidance on Scale of Fees for Professional Services, 2020

January 17, 2020 11862 Views 0 comment Print

ICSI Guidance on Scale of Fees for Professional Services, 2020 contains inter alia the scope of various professional services and the guiding principles for fixing the scale of fee would ensure transparency between the client and the PCS and also pave the way for a just and reasonable scale of fees to be charged by […]

Search Post by Date
January 2020
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031