A taxpayer who is liable to discharge part of its tax liability by way of advance tax has to bear additional burden of interest for default of advance tax, in case total advance tax paid for the year falls short of the assessed tax by ten percent or more.
The value of supply of services falling under the said Sl. No. are eligible for one third deemed deduction, on account of Transfer of Land or Undivided Share of land, if the transaction value includes the value of the land transferred as per and as delineated in para 2 of the said Notification. This one third deemed deduction on account of transfer of Land or Undivided Share of land is irrespective of the actual value of the land transferred. However, the said deemed deduction is not available when there is no transfer of land or undivided share of land.
CA. Sanjeev Singhal GST On Transport of Goods by Road service still in loop. Most ambiguous is the GTA [ Goods Transport Agency ] services which is generally in discussion and the most contentious issue of the day. But has any one discussing the transport services other than GTA. In most of the transport services […]
Government is committed to ensure compliance of the provisions of 2010 and Rules made thereunder, all these organizations (4842) are given one more opportunity to file their Annual Returns for the missing years for the period 2010-11 to 2015-16 with penalty on our website fcraonline.nic.in within 30 days.
Commissioner of State Tax, on the recommendations of the Council, hereby extends the period for submitting the declaration in FORM GST TRAN-1 till 31st October, 2017.
1. The Registration Application submitted by me has been rejected by the Tax Authority. What can I do now? If application for registration is rejected by Tax Authority, you can file appeal against the order within 3 months from the date of rejection order. After completion of hearing, if appellate Authority passes an order for […]
FAQS on Cancellation of Provisional GST Registration 1. Can I as a migrated taxpayer*, cancel my Provisional Registration with GST? At what stage can I cancel my provisional registration? Upto what stage can I cancel my provisional registration? *Migrated taxpayers refers to taxpayers registered under Excise, Service Tax and State Tax Laws such as VAT, […]
CS Vipin Kumar Mittal Keeping in view of the Section 248 to 252 of the Companies Act, 2013 (the Act), as notified by Ministry of Corporate Affairs (MCA) w.e.f. 26th December, 2016 and Rule 87A of the National Company Law Tribunal (NCLT) (Amendment) Rules, 2017 as notified by MCA w.e.f. 5th July, 2017, I have […]
Before Passing An Order Under Section 263 Principal Commissioner Or Commissioner Of Income Tax Has To Make His/Her Own Enquiry
Public will suffer from inflation and price-rise due to GST implementation till April 2018; as the Panchanga elements are not Supportive but the strength of lagna and Moon shows the success of GST in next Financial Year, according to Astrology Predictions by Vinayak Bhatt, Cosmic Astrologer, who has first time introduced Science behind astrology in India.
