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GST AAR Ruling- Whether Pulses, processed dry fruits / Spices, Cereal are agriculture produce?

December 13, 2017 6702 Views 0 comment Print

The applicant, M/s. Guru Cold Storage Pvt. Ltd., has referred to notification No. 11/2017-Central Tax (Rate) dated 28.06.2017, which inter-alia provides rate of tax as NIL for ‘support services to agriculture, forestry, fishing, animal husbandry’, and submitted that in their opinion,

GSTR 3B filing process simplified now

December 13, 2017 5664 Views 0 comment Print

At the time of filing GSTR 3B Return, after login, the taxpayer has to select Yes/ No in the questionnaire provided. Based upon selection, relevant tiles open for entering data in Form GSTR 3B.

Selling of open car parking space not allowed: Maha-RERA

December 13, 2017 16938 Views 6 comments Print

The complainant, who is a resident in a completed building in the above registered project, has filed this complaint seeking directions of MahaRERA to the respondent to allow him to park his vehicle inside the compound wall of the building. The Complainant has further alleged that the Respondent is selling open car parking by collecting in cash without any documentation.

Advocate Fees based on a share in subject matter is professional misconduct & cannot be the basis of a Complaint U/s. 138 of NI Act: SC

December 13, 2017 8007 Views 0 comment Print

Mere issuance of cheque by the client may not debar him from contesting the liability. If liability is disputed, the advocate has to independently prove the contract. Claim based on percentage of subject matter in litigation cannot be the basis of a complaint under Section 138 of the Act.

Notification extending Due Date for Linking Aadhaar- PAN with Bank A/cs

December 12, 2017 1752 Views 0 comment Print

In case the client already having an account based relationship with reporting entities prior to the date of publication of this notification in the official Gazette fails to submit the Aadhaar number and Permanent Account Number by such date as may be notified by the Central Government, the said account shall cease to be operational till the time the Aadhaar Number and Permanent Account Number is submitted by the client.”

Refund/ Claim of Countervailing duty as Duty Drawback

December 12, 2017 2436 Views 0 comment Print

Where imported goods subject to Countervailing Duties are exported out of the country as such, then the Drawback payable under Section 74 of the Customs Act, 1962 would also include the incidence of Countervailing Duties as part of total duties paid, subject to fulfillment of other conditions.

NSE Trading holidays for the calendar year 2018

December 12, 2017 10152 Views 0 comment Print

In pursuance to clause 2 of Chapter IX of the Bye-Laws and Regulation 2.3.1 of part A Regulations of the Capital Market Segment, the Exchange hereby notifies trading holidays for the calendar year 2018 as below

Limits for FPI investment in Govt Securities revised from January 01, 2018

December 12, 2017 621 Views 0 comment Print

The limits for investment by FPIs for the quarter January – March 2018 is increased by INR 64 billion in Central Government Securities (Central G-Secs) and INR 58 billion in State Development Loans (SDLs).

CBDT Circular Restricting Amenities to Doctors is not retrospective

December 12, 2017 3414 Views 0 comment Print

The Jaipur bench of ITAT comprising Vijay Pal Rao (judicial member) and Vikram Singh Yadav (accountant member) recently held that the circular issued by the Central Board of Direct Taxes (CBDT) restricting amenities to doctors is

133 FAQs on RERA Act as applicable in Maharashtra (MahaRERA)

December 11, 2017 64125 Views 11 comments Print

What are the objects and reasons for which the Real Estate (Regulation and Development) Act 2016 has been framed? Ans: The Real Estate Act is intended to achieve the following objectives:

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