Standard On Assurance Engagements (SAE) 3410 Assurance Engagements On Greenhouse Gas Statements Standard on Assurance Engagements (SAE) 3410, Assurance Engagements on Greenhouse Gas Statements, should be read in the context of the Preface to the Standards on Quality Control, Auditing, Review, Other Assurance and Related Services and Guidance Note on Reports or Certificates for Special […]
With due respect I would like to state that on processing of my income tax return for the AY 2017-18 Income Tax Department freeze my bank account (A/c No. xxxxxxxxxxxx of SBI Bank) due to the reason of outstanding tax liability as processed in intimation u/s 143(1), Which I have rectified and received rectification order dated 20th January, 2021 via reference number CPC/1718/U4/xxxxxxxxx which shows that there is no demand and refund outstanding.
Since in statement in Form SVLDRS2, no specific notice for affording the opportunity of hearing was given to assessee with regard to variance of quantified amount, therefore, the officer was not justified in rejecting the application under Form SVLDRS2A stating inter alia that, the application was not eligible under the category of investigation, enquiry or audit.
The Hon’ble AAAR, Maharashtra in M/s. Sanofi India Ltd. (Order No. MAH/AAAR/SS-RJ/10/2019-20 dated October 22, 2019) has held that as per Section 101(3) of the Central Goods and Services Tax Act, 2017 (CGST Act) no advance ruling can be issued w.r.t eligibility of input tax credit (ITC) on the goods and services offered under various […]
Constitution of Maharashtra Consumer Welfare Fund w.e.f. 1st July 2017 under Maharashtra Goods and Services Tax Act, 2017 FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 27th January 2021 NOTIFICATION MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017. No. GST/1019 / C.R. 43/ Tax-1.— In exercise of the powers conferred […]
Constitution of Standing Committee under sub-rule (4) of rule 97 of Maharashtra Goods and Services Tax Rules, 2017. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 27th January 2021 Order MAHARASHTRA GOODS AND SERVICES TAX RULES, 2017. No. GST. 1019 / C.R. 43(A)/ Tax-1.— In exercise of the powers […]
Bombay High Court in Amrish Rameshchandra Shah v. the Union of India & stayed show cause-cum-demand notice issued to a CA in a Writ Petition challenging service tax demand based on ITR data and issued notice to the Revenue Department.
Hindu undivided family has always been a contradictory topic. There have been many judgments passed and challenged. HUF is not defined under The Income Tax Act. But its taxability is covered under the Act. It is created by Hindu, Jains, Sikhs and Buddhists family. The group of individuals must share common roots. Forming an HUF […]
he Annual GST Return is a summary of the monthly/quarterly returns filed by a taxable person. It is basically a comprehensive return containing all the transactions that occurred and reported in the periodical returns filed during the financial year.
Termination of Countervailing Duty Investigation concerning imports of Soda Ash originating in or exported from Turkey.