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Archive: 03 September 2020

Posts in 03 September 2020

Writ cannot be entertained as an efficacious statutory remedy is available to petitioner: HC

September 3, 2020 822 Views 0 comment Print

Paradeep Phosphates Ltd. Vs Asst. Commissioner, CGST And Central Excise (Orissa High Court) we are of the considered opinion that since an efficacious statutory remedy is available to the petitioner to assail the legality and validity of the order passed under Annexure-5, this Court should be slow in entertaining the writ petition at this stage. […]

For Section 12AA registration assessee not required to furnish original MOA

September 3, 2020 2535 Views 0 comment Print

Arya Samaj Mandir Vs CIT (Exemption ) (ITAT Jaipur) From the facts of the present case, we noticed that the assessee had filed an application before the ld. CIT (Exemption) for seeking registration u/s 12AA of the Act. The assessee had also furnished the copy of MOA notorized by the Notary Officer, Bhilwara. However, the […]

6 Case Studies on RCM reporting in GSTR-9 & 9C of FY 2018-19

September 3, 2020 53079 Views 2 comments Print

Part III  of GST Audit Series: 6 Case Studies on Reverse Charge Mechanism (RCM) reporting in GSTR-9 & 9C of FY 2018-19. Issues discussed regarding- 1. How to report 17-18 transactions of RCM paid in 18-19? 2. RCM paid by DRC 03, how to report? 3. How to report RCM issues in GSTR 9 and […]

e-Nomination facility for NPS subscribers

September 3, 2020 966 Views 0 comment Print

PFRDA has issued a Circular pertaining to ‘e-Nomination facility for NPS Subscribers’ in order to help and guide the Subscribers of NPS in understanding detailed provisions regarding ‘Nominations’ under NPS and process flow of e-Nomination facility.

12 Case Studies on Inward Supplies of FY 17-18 reporting in GSTR 9 & 9C of FY 18-19

September 3, 2020 9270 Views 0 comment Print

Part II of GST Audit Series: 12 Case Studies on Inward Supplies of FY 17-18 reporting in GSTR 9 & 9C of FY 18-19. How to report Input Tax Credit of 17-18 in GSTR 9 and 9C of 18-19? 1. 12 Case studies covering all issues of ITC reporting of 17-18 transactions in 18-19. 2. […]

12 Case Studies on Outward Supplies of FY 17-18 reporting in GSTR-9 & 9C of FY 2018-19

September 3, 2020 10617 Views 1 comment Print

GST Audit Series Part I: 12 Case Studies on Outward Supplies of FY 17-18 reporting in GSTR9 & 9C of FY 2018-19.  Highlights: How to report Outward Supplies Tax of 17-18 in GSTR 9 and 9C of 18-19. 1. Total 12 Case studies covering all issues of reporting 17-18 transactions in 18-19. 2. Where to […]

Rate of Stamp duties in Gujarat

September 3, 2020 268899 Views 21 comments Print

Understand the rate of stamp duties in Gujarat. Learn about the tax amount individuals pay for executing various types of deeds and documents.

Understanding Offences & Penalties under Companies Act, 2013

September 3, 2020 19536 Views 0 comment Print

Chapters XXVIII and XXIX of Companies Act 2013 provide for the manner in which a company would be adjudicated for non-compliances of the provisions of the Act.

Assessment Order Passed in Name of Amalgamated company i.e. Non-Existent Entity is Void-ab-Initio

September 3, 2020 1860 Views 0 comment Print

The issue under consideration is whether the Assessment Order against non-existent entities will be considered as valid in law?

NCLAT dismissed Insolvency Proceedings Initiated against Tata Chemicals

September 3, 2020 1332 Views 0 comment Print

The issue under consideration is whether the initiative of insolvency proceedings against Tata Chemicals is sustain even if the corporate debtor has not complied with the procedural aspects?

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