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Archive: 06 December 2022

Posts in 06 December 2022

Karnataka RERA Audit 2022 New Form 7

December 6, 2022 6030 Views 0 comment Print

Learn about the Karnataka RERA audit requirements for 2022. Discover the new Form 7 and understand how to comply with financial and project regulations.

Online Module for Submission of Form 7 – Annual Report on Statement of Accounts

December 6, 2022 4989 Views 0 comment Print

Learn about the new online module introduced by Karnataka RERA for submitting Form 7 – Annual Report on Statement of Accounts.

Services provided by Ranchi Club are governed by principal of mutuality

December 6, 2022 1314 Views 0 comment Print

In re Ranchi Club Limited (GST AAR Jharkhand) Once it has been established that the applicant is not doing any business in terms of section 2(17) of the CGST Act, 2017, it can be deduced that activities carried out by the applicant would not come under the scope of supply as envisaged under section 7(1) […]

Input Tax Credit of Demo vehicles along with repair, maintenance & insurance

December 6, 2022 1875 Views 0 comment Print

Applicant is required to maintain up to maximum of one (1) Demo Vehicle of each model till final disposal of that said Demo Vehicle before acquiring new Demo vehicle of the same model with the condition that it is to be shown in the capital goods account.

Rejected paddy seed not fit for human consumption merit classification under chapter heading 100610

December 6, 2022 864 Views 1 comment Print

In re Shraddha Traders (GST AAR Chhattisgarh) (a) Rejected paddy seed would merit classification under chapter heading 100610, subject to the compliance of the stipulations and conditions as mentioned in the Section note and chapter note specified therein. (b) The exemption from whole of tax as provided under Sr. no 70 of Notification no. 02/2017-Central […]

International Trade Settlement in Indian Rupees (INR) – FAQs

December 6, 2022 2001 Views 0 comment Print

Discover FAQs about International Trade Settlement in Indian Rupees (INR) and understand the benefits of this additional arrangement.

ITAT’s clarifies law on additions wrt employees’ contributions for PF/ESI based on Tax Audit Report by CPC

December 6, 2022 2604 Views 0 comment Print

CIT(A) was justified in sustaining the adjustment u/s 143(1)(a) by means of disallowance made in these cases for late deposit of employees’ share to the relevant funds beyond the date prescribed under the respective Acts.

Section 263 revision not valid for duly explained cash payment exceeding threshold limit to AO with documents

December 6, 2022 672 Views 0 comment Print

PCIT Vs Shukla Dairy Pvt. Ltd. (Gujarat High Court) We note that during the assessment proceedings, assesses had submitted before assessing officer (AO), the cash payment register and explained each of the item of proposed addition as per show cause notice of assessing officer. The cash payment register, which is placed at paper book page […]

Is It Compulsory That Will Is To Be Registered

December 6, 2022 6639 Views 0 comment Print

Understand the importance of registering your will. Learn why it is advisable to prepare and register your will to ensure the proper distribution of your property.

Important Due Dates in the Month of December!

December 6, 2022 5673 Views 0 comment Print

Krishna, as we have entered into the last month of this Calendar Year, are there important due dates which should be kept in mind before the end of this year?

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