"He is a Qualified Chartered Accountant, having handful of Pre & Post qualification experience in Direct & Indirect Taxation. He is heading the tax division of “ S.E.V & Associates” a vintage firm having presence over 3 states and serving the different Industrial segments on value adding approach in Statutory Audit, Consultancy, Advisory and Litigation relating to the Direct & Indirect tax, Companies Act & Labour laws. And out of passion he an faculty for CA/CS/CMA students & Speaker at various teachers associations, trade forums. And also he is an author of GST summary book for CA/CS/CMA students. He is firm believer of words law is valuable, not because it is a law, but because there is right in it. "
This guide explains key GST checks while finalising books of accounts, including ITC eligibility, RCM, Rule 37, inventory, capital assets, and year-end compliance.
This article examines applicability of Section 194Q of Income-tax Act, 1961 to purchase of electricity — a significant development in Indian tax landscape.
Learn how to calculate period of holding and indexed cost of acquisition for property acquired through allotment letters or sale agreements under Section 48 of Income Tax Act.
Explore the crucial importance of conducting an inquiry on audit discrepancies and issuing FORM GST ADT-02 before initiating action under Sec 73 or 74. Understand the procedural nuances of departmental audits, ensuring fair and legal processes. Learn about the significance of inquiry letters, findings in audits, and the issuance of FORM GST ADT-02 for transparent and lawful tax procedures.
Explore the implications of Corporate Social Responsibility (CSR) expenditures under Companies Act, Income Tax Act, and GST. Gain insights into tax laws, deductions, and proposed changes. Stay informed to make informed business decisions.
Confused about filing GST annual returns? Learn how to reconcile Income Tax Returns with GST Annual Returns and understand the turnover criteria.
Distinguish between job work and ‘manufacture’ under GST Job work involves processing goods for another registered person, while manufacture creates a new product. Understanding the criteria is crucial for compliance.
Find out the meaning and effect of Furniture vs Fixtures under GST law, explore different schools of thought and learn about capitalization of items.
Expert insight into Section 194A TDS on Interest other than Interest on securities from an Article. Learn about liability, exemptions, more
Learn about Section 83 of the CGST Act and its use to protect revenue in certain cases. Find out if assets of partners are covered under this provision and more.
