Where the Company has traded or invested in Crypto currency or Virtual Currency during the financial year, the following shall be disclosed:- a. profit or loss on transactions involving Crypto currency or Virtual Currency b. amount of currency held as at the reporting date, c. deposits or advances from any person for the purpose of trading or investing in Crypto Currency/virtual currency.
Bombay High Court orders Union and State Governments to complete XIth standard admission based on Xth standard marks within six weeks. Full judgment included.
Tax deductor and the tax collector is liable to furnish required quarterly statements (returns) under the Income Tax Act. In case of default in furnishing the said statements, late fees will be payable under section 234E of the Income Tax Act. The current article briefly explains the provisions of such late fees payable under section […]
In order to enable citizens to travel in suburban trains Offline Verification Procedure for Covid-19 Vaccination & issuing Railway Monthly Pass to start on tomorrow 11th August 2021 from 7 am at suburban railway stations
Tariff Notification No. 66/2021-Cus (N.T.) dated 11.08.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 66/2021-Customs (N.T.) | Dated: 11th August, 2021 S.O. 3243(E).—In exercise of the powers conferred […]
It has been brought to notice in the above communication that unauthorized mobile signal repeaters/boosters are easily available in the grey market and on e- commerce platforms.
AAR held that, no Input Tax Credit (ITC) would be available for Corporate Social Responsibility (CSR) activities excluded from normal course of business.
AAR held that, GST is payable on services provided by sub-sub-contractor to sub-contractor pertaining to irrigation, construction, maintenance works to irrigation department @ 18%.
In re Gujarat State Road Development Corporation (GST AAR Gujarat) We have examined the Government of Gujarat Resolution dated 20-2-99, placed before us by the applicant, whereby GSRDC was established with objective to undertake the development of bridges and roads. We find that Government of Gujarat has established GSRDC as its wholly owned company and […]
In re Willmart Enterprise (GST AAR Gujarat) 1. ‘Ammonium Sulphate’ is classifiable at HSN 310221. 2. GST of 5% is leviable on Ammonium Sulphate supplied for direct use as fertilizers or used in the manufacturing of complex fertilizers for agricultural use (soil or crop fertilizers). 3. GST of 18% is leviable on Ammonium Sulphate supply for […]
