The proposed GST Grievance Redressal Committee is to consist of the Chief Commissioner of Central Tax (Co-chair), Commissioner of State Tax (Co-chair), Representatives of Trade Associations upto 12 nos., Representatives of prominent Associations of Tax professionals upto 4 nos., Central and State Nodal officers of ITGRC (IT Grievance Redressal Cell), Representatives of GSTN assigned to the State, Additional Joint Commissioner – Central and State (Secretaries of GRC) and Any other member with the permission of the Co-chairs.
Circular No.: A/1104/2019, Dt:20-01-2020. General Direction to the Promoters as per the Section 37 of the RERA Act Andhra Pradesh Real Estate Regulatory Authority Circular No. A/1104/2019, Dt 20.01.2020. The Parliament has enacted ‘The Real Estate (Regulation and Development) Act 2016‘, to establish the Real Estate Regulatory Authority for regulation and promotion of the real […]
In the instant case, indisputedly the application was filed by the appellant as a buyer of the goods(conveyor belts) from M/s. Fenner (India) Ltd. who paid the duty under protest much after a period of limitation (six months) as prescribed under the mandate of law disentitles the claim of refund to the appellant as prayed for in view of the judgment of this Court in Commissoiner of Central Excise, Mumbai II Vs. Allied Photographics India Ltd. case (supra) holding that the purchaser of the goods was not entitled to claim refund of duty made under protest by the manufacturer without complying the mandate of Section 11B of the Act, 1944.
it is decided that every month commencing from January, 2020 and onwards, the best performing `Officers/Officials who have achieved excellence in the prime areas, namely investigation, collection, administration, audit or innovation in the organizational functioning shall be selected by a Committee of Commissioners formed in each region and their names shall be showcased and displayed against five categories i.e. ‘Investigator of the month’, ‘Revenue collector of the month’, ‘Administrator of the month’, ‘Auditor of the month’ and ‘Innovator of the month’ in the respective regions.
CBDT has issued an Instruction by which it has laid down the procedure and criteria for compulsory manual selection of returns/cases requiring scrutiny during the financial-year 2019-20.
Article explains the password combination for Opening ITR-V/Acknowledgement, Form 26AS, Any Intimation/Order and TDS Provisional Receipt/Acknowledgement and for extracting TDS Justification Report, Conso File, TDS Certificates ZIP File and 26AS ZIP File.
Repayment of housing loan is through Equated Monthly Installments (EMI) which consists of principal and interest component. As the repayment comprises of 2 different components, the tax benefit on home loan is governed by different sections of the Income Tax Act and these are claimed as tax deductions under different sections while filing the Income Tax Return.
With the cascading cost of living, renting an accommodation is a major financial outflow for an individual. However, the same rented accommodation can help save some tax for salaried employees. In current salary packages, employees receive house rent allowance (HRA) to meet the cost of renting an accommodation. A salaried employee staying in a rented house can claim a tax exemption towards the HRA received, subject to the limits specified in this regard.
Health is the greatest asset for a human being. Since inflation has made medical bills costlier than ever, having a health insurance policy has its own perks, whatsoever. Investing in health insurance offers amazing returns on investment. You get coverage against expensive hospital bills that can wipe up your savings in one go. It ensures […]
Advisory on Opting-in Composition Scheme for 2020-21 by filing FORM GST CMP-02 Article explains Who can opt in for GST Composition Scheme, How to opt in for Composition , taxpayers who can opt for Composition, taxpayers who cannot opt for the Composition, Submission of Stock Intimation Details by those opting for GST Composition Scheme and […]
