Sponsored
    Follow Us:

Archive: 25 February 2020

Posts in 25 February 2020

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 16, 2024 3840 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 14, 2024 3483 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Companies (Auditor’s Report) Order, 2020 (CARO 2020)

February 25, 2020 283566 Views 9 comments Print

(1) This Order may be called the Companies (Auditor’s Report) Order, 2020. (2) It shall apply to every company including a foreign company as defined in clause (42) of section 2 of the Companies Act, 2013 (18 of 2013) [hereinafter referred to as the Companies Act], except–

GST: HC allows release of goods on Payment of 25% of disputed tax & penalty

February 25, 2020 648 Views 0 comment Print

Chandimata Iron Vs State of Tripura (Tripura High Court) Since the order under challenge in this petition is appealable, we permit the petitioner to pursue such appeal for which, we are informed limitation period has yet not expired. However, considering the facts of the case, the goods of the petitioner which are in the nature […]

Amendment in Export Policy of Personal Protection Equipments/Masks 

February 25, 2020 2580 Views 0 comment Print

The Notification No. 47 dated 08.02.2020 is amended to the extent that the items specified under Serial No. 1 to 10 above are allowed freely for export. However, export of all other Personal Protection Equipment including N-95 masks or other items not specified in the exceptions above, shall remain Prohibited.

Notification No. 17/2020-Csutoms (N.T.) dated 25th February, 2020

February 25, 2020 1959 Views 0 comment Print

Notification No. 17/2020-Csutoms (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 17/2020-CUSTOMS (N.T.) New Delhi, 25th February, 2020 6 Phalguna, 1941 (SAKA) S.O. 855(E).:- In […]

Interest on Gross GST- Section 50(1)- Model detailed reply

February 25, 2020 57327 Views 13 comments Print

In this article Author has compiled detailed reply to be submitted to GST department against Notice demanding interest on Gross GST Liability without giving Input Tax Credit for Late Submission of Form GSTR 3B under Section 50(1) of CGST Act, 2017. Text of the Submission is as follows:-  Dear Sir, R: M/s. _____________  GSTN : […]

Download GST 2A Convertor

February 25, 2020 3273 Views 0 comment Print

2A Convertor – When documents are downloaded from GSTN portal (i.e. 2A), it is not compatible for further analysis/scrutiny. This utility helps in making it compatible, comparable with books and convert in single line item with all credit notes prefixed by minus (-) sign. It is very useful for the person not using any software/tool […]

Reassessment u/s 147 without any tangible material to support escapement of income not justified

February 25, 2020 1590 Views 0 comment Print

SPR & RG constructions Pvt. Ltd. Vs ACIT (ITAT Chennai) The issue under consideration is whether the reasons for reopening of assessment u/s 147 are justified? The reasons recorded for reopening are on the basis of the audited accounts of the assessee i.e., specifically perusal of Schedule 30 of the profit and loss account and […]

Interest Saga- Gross Vs. Net GST Liability

February 25, 2020 7674 Views 0 comment Print

Interest is levy on delayed payment. The intention of the legislature is also evident from the agenda of the 31st GST Council meeting and the various precedents. It is worth asking that when the amendment has been put in the Act what are the reasons for not making the amendment effective till date?

In case of dual views, view adopted by A.O. is valid & cannot be called erroneous

February 25, 2020 1926 Views 0 comment Print

The issue under consideration is that, when two views are possible and A.O. adopt one of the view and passed his order accordingly. But that view is not acceptable by PCIT, in such case can PCIT adopt its one of the other views and call the order of A.O. the erroneous?

Dispute Vivaad Se Vishwas Scheme 2020- Settle your Tax disputes

February 25, 2020 2880 Views 0 comment Print

BRIDGING THE DISPUTE-TRUST DIVIDE for Minimizing Tax-related Litigation Avail this golden opportunity … Settle your Income Tax disputes KEY DATE Pay by 31st March, 2020 to avoid higher payment ELIGIBILITY Appeals/ writs filed on or before 31.01.2020 and pending. Orders for which lime for filing appeal has not expired on 31.01.2020. Cases pending before Dispute […]

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031