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Archive: 12 August 2020

Posts in 12 August 2020

No detention of goods for mere non-mention of Tax payment details on E-Way Bill

August 12, 2020 1452 Views 0 comment Print

The issue under consideration is whether the detention of goods with the allegation that the E-way bill does not have tax amount mentioned on it is justified in law?

Assessment cannot be Reopened if Assessee disclosed fully & Truly All Material Facts during Original Assessment

August 12, 2020 1572 Views 0 comment Print

The issue under consideration is whether the AO is correct in re-opening of the assessment under section 147 even though the assessee has disclose fully and truly all the material facts during original assessment?

Goods & Services Tax (GST) Registration

August 12, 2020 10497 Views 2 comments Print

Goods & Services Tax (GST) was launched on 1 July, 2017; it applies to all Indian Services providers like traders, manufacturers. GST is to be charged at every step of the supply chain, with full set-off benefits available.  Parts of GST: –Central Goods and Services Tax or CGST -State Goods and Services Tax or SGST […]

ऑप्रेशन जीएसटी का- देश के प्रधानमंत्री श्री नरेंदर मोदी जी के नाम एक खत

August 12, 2020 1605 Views 3 comments Print

देश में 1 जुलाई 2017 को जीएसटी बड़े जोर शोर से लागु किया गया ! देश के प्रधानमंत्री जी द्वारा रात को 12 बजे घंटा बजाकर कर समस्या सुधार के लिए जीएसटी का स्वागत किया पर शायद प्रधानमंत्री जी को यह ज्ञात नहीं था की जीएसटी समस्या सुधार नहीं बल्कि समस्याओं की वो जड़ बन जायेगा ! आज आम करदाताओं ही नहीं बल्कि टैक्स प्रोफेशनलों के जीवन की खुशियां खत्म करने वाला बन गया है !

Separate Bank Account-RERA

August 12, 2020 61779 Views 7 comments Print

FINANCIAL BEARING ON THE PROMOTER – SEPARATE BANK ACCOUNT – RERA The Real Estate (Regulation and Development) Act, 2016 (the Act) came into absolute implementation on 1st May 2017. This act provides for the promotion and development of the real estate sector which is pertinent as it plays a vital role in fulfilling the needs […]

Advance Ruling | Section 11 | GST Exemption Related to Religious Activities

August 12, 2020 6447 Views 2 comments Print

Advance Ruling | Section 11 | Entry No. 13 | Exemption Related to Religious Activities Exemption related to Religious Activities includes Services by a person by way of- a) Conduct of any religious ceremony b) Renting of precincts of a religious place meant for general public, owned or managed by an entity registered as a […]

Provisions of Dormant Company under Companies Act, 2013

August 12, 2020 3696 Views 0 comment Print

1. Section 455(1) Where a  company is incorporated and registered under the Act for a future project or to hold an asset or intellectual property and who has not significant accounting transaction, such a Company or an inactive company may make an application to ROC for obtaining the status of Dormant company. 2. Application for […]

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