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FAQs on Filing Application to Register as GST Practitioner

July 15, 2017 8550 Views 2 comments Print

What are the steps involved in applying for Registration as a GST Practitioner (GSTP) on the GST Portal? 1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed.

GST FAQs on Registration Application by Normal/ New Taxpayer

July 15, 2017 80013 Views 1 comment Print

I am a normal taxpayer. How can I register with GST? For registering yourself as a normal taxpayer, perform the following steps: 1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed. 2. Click the Services > Registration > New Registration option. Alternatively, you can also click REGISTER NOW link.

1.32 Lakh Student appeared in May 2017 CA Final Exam and 93K in CPT June 2017

July 15, 2017 3594 Views 0 comment Print

Placed below is the data of the students that were admitted in Final Examination held in May 2017 and Common Proficiency Test (CPT) held in June 2017. Final Examination- No. of Students admitted in the Final Exams – 1,32,007. No. of Final Exam Centres across the globe – 372

ICAI postpones Eligibility Test Paper Scheme for CA Final Exam

July 15, 2017 2049 Views 0 comment Print

The students of Final Course may please note that the Eligibility Test Paper Scheme which was to be implemented for the Final Course students from November 2017 attempt, stands postponed to a later date. In other words

5.56 lakh new persons in 2nd phase of Operation Clean Money identified

July 15, 2017 2070 Views 0 comment Print

Income Tax Department has used information received under Statement of Financial Transactions to identify 5.56 lakh new persons in second phase of Operation Clean Money.

Bogus share capital: If document shows genuineness of transaction it cannot be treated as bogus for non appearance of shareholder

July 14, 2017 1707 Views 0 comment Print

The balance sheet and profit and loss account of these persons discloses that these persons had sufficient funds in their accounts for investing in the shares of the Assessee. In view of these voluminous documentary evidence, only because those persons had not appeared before the Assessing Officer would not negate the case of the Assessee.

Anti Virus Security come across a new strain of Petya Ransomware

July 14, 2017 1203 Views 0 comment Print

Anti Virus Security Labs has come across a new strain of Petya Ransomware that is affecting users globally. This clearly looks like early signs of a new ransomware attack that is spreading fast across the globe.

Modification in Circular related to Tax Effect for Appeal Filing

July 14, 2017 1680 Views 0 comment Print

References are being received by the Board that in certain cases appellate authorities are dismissing appeals without going into the merits of the case by relying on the definition of `tax effect’ as defined in Circular No. 21/2015, which prescribes the monetary limit for filing appeals before various appellate authorities.

Allahabad High Court Summons parties Through Whatsapp

July 14, 2017 2385 Views 0 comment Print

HC directs the learned Senior Advocate for the petitioner to send WhatsApp message to the Chairman, Sri Anil Pratap Singh and Dr. Ram Jeet Singh Yadav, Secretary/the Election Officer on their mobile requesting them to appear before the Court today.

POEM guidelines – more clarity or ambiguity?

July 13, 2017 22113 Views 2 comments Print

The increase in globalization and technological advancement has resulted in the international expansion of several multinational and Indian corporations. Over the years, these corporations have used their global presence to enter low-tax jurisdictions, primarily to reduce the overall effective tax costs.

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