This e-book on Bahrain VAT by CA Pritam Mahure contains the following- Contents Value Added Tax (VAT) in Bahrain About the Author Forewords 1. Basics of indirect taxation. 2. Primer on VAT. 3. VAT in GCC. 4. About Bahrain. 5. Taxes in Bahrain. 6. Things you must know about VAT. 6.1 VAT is payable on […]
Office Order No. 168 of 2018 – Extension of Ad-hoc appointments of the Assistant Commissioner of Income Tax (ACIT) for the vacancy year 2014-15 – reg. F.No. A-32013/1/2016-Ad.VI(Part-II) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi. Office Order No. 168 of 2018 Dated: 09th October. […]
Dear Taxpayer, As per the section 44AB of Income Tax Act, the books of accounts for the relevant previous year are required to be audited by a Chartered Accountant and the audit report has to be electronically filed prior to or along with the return of income before the due date. In order to assist to […]
This is an common question now a days where equity in an Indian Company is held by an NRI and the simple answer to the aforesaid question is that responsibility to deduct tax at source on payment to NRI of such payment is on the Authorised Dealer (read bank through which payments are made ).
Seeks to make amendments (Twelfth Amendment, 2018) to the CGST Rules, 2017. This notification amends rule 96(10) to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports and align rule 89(4B) to make it consistent with rule 96(10). CBIC amends Rule 96(10) prospectively to […]
Angel Broking, the company has evolved over the past several years to become of the renowned stock trading company. The Company is backed by the ARQ platform that offers benefits like no other. Angel Broking is enjoying the reputation of being one of the most trusted ‘Retail Broking House’, with its dominance in around 1000+ […]
GST OFFLINE TOOLS 1. Taxpayer’s guide on preparing returns through offline tools Entering details in the worksheet of GST Offline Tool Ans. Download the latest version of GST Form Offline Tool from the GST portal https://www.gst.gov.in/download/returns ♦ Launch the GST form Excel based Offline Tool and navigate to worksheet Home. ♦ Enter details in each […]
CBDT further extends due date for filing of Income Tax Returns & Tax audit reports from 15th Oct,2018 to 31st Oct, 2018 for all assessees liable to file ITRs for AY 2018-19 by 30.09.2018, after considering representations from stakeholders. Liability to pay interest u/s 234A of IT Act will remain. The due date for […]
e-way bill shall be required to be generated for intra-state movement of goods mentioned in the Schedule to below notification in the State of Punjab from 8th October, 2018 where the value of goods exceeds Rs.50,000/- DEPARTMENT OF EXCISE AND TAXATION Bhupindra Road, Patiala, Punjab NOTIFICATION The 8th October, 2018 No. GST-I-2018/2-State.-In partial modification of […]
Securities Transaction Tax (STT), is the tax deduction that is applied to all your equity transactions. Introduced in the 2004 Union Budget by the then Finance Minister Mr. P Chidambaram, the deduction is to ensure that gains arising from securities transaction are taxed at source, thus preventing individuals from evading capital gains tax. So, what […]
