Sponsored
    Follow Us:

Relief in Penalty for minor discrepancies in e-way bill in Maharashtra

December 3, 2018 14748 Views 1 comment Print

Various representations have been received regarding imposition of penalty in case of minor discrepancies in the details mentioned in the e-way bill although there are no major lapses in the invoices accompanying the goods in movement.

DGFT amends Appendix 3B, Table 2 of MEIS

December 3, 2018 1080 Views 0 comment Print

Certain Corrections have been made in the Appendix 3B, Table 2 as notified vide Public Notice 61 dated 07.03.2017, and modified from time to time, to be applicable with effect from 01.01.2017.

GST collection for November 2018 crosses 97000 Crore Rupees

December 3, 2018 675 Views 0 comment Print

The total gross GST revenue collected in the month of November, 2018 is Rs. 97,637 crore of which CGST is Rs. 16,812 crore, SGST is Rs. 23,070 crore, IGST is Rs. 49,726 crore (including Rs. 24,133 crore collected on imports) and Cess is Rs. 8,031 crore (including Rs. 842crore collected on imports).

Dr. Ajay Bhushan Pandey takes over as Revenue Secretary

November 30, 2018 717 Views 0 comment Print

Ministry of Finance Dr. Ajay Bhushan Pandey takes over as Revenue Secretary Posted On: 30 NOV 2018 Dr. Ajay Bhushan Pandey (IAS: MH 1984) took over as the Union Revenue Secretary upon superannuation of Dr Hasmukh Adhia here today. Outgoing Finance Secretary & Revenue Secretary, Dr Hasmukh Adhia welcomed Dr Pandey in his office. A […]

Disallowance u/s. 40(a)(ia) are outside the jurisdiction of section 154

November 30, 2018 1782 Views 0 comment Print

Sri Sachin Sharma Vs ACIT (ITAT Ranchi) A perusal of provisions of section 194C of the Act shows that a person is liable to deduct TDS when a contract for work is of an amount more than Rs.30,000/- or where payment for work is made to a person more than Rs.75,000/- during the financial year. […]

TDS U/s. 194J not deductible on fees for Translation of Articles

November 30, 2018 14919 Views 0 comment Print

Shri Goutam Mukhopadhyay Vs PCIT (ITAT Kolkata) It is not in dispute that the assessee has made payment of Rs. 96,000/- to Mahua Basu Mallick for displaying articles towards Cancel Awareness Programme in Bengali language pursuant to dictations given by the assessee in English. In effect, this is nothing but a payment made for translation […]

Application Fee for Issue of Preferential / self certified Certificate of Origin

November 30, 2018 1800 Views 1 comment Print

Fee for issuance of (i) Preferential Certificate of Origin and (ii) Post Verification of self certified COO under EU-GSP under verification fee under otheo FTAs is laid down.

DGFT amends Import policy of gold-dore

November 30, 2018 1164 Views 0 comment Print

Central Government hereby amends import policy of gold-dore under HS code 7108 12 00 under ITC (HS), 2017 Schedule — I (Import Policy).

Advance rent & security deposit cannot be treated as deemed dividend

November 30, 2018 10542 Views 0 comment Print

Shri Jinendra Kumar Jain Vs ACIT (ITAT Delhi) It is, therefore, clear from the evidence on record that assessee in fact, has let-out the joint property to the tenant company and has received advance as well as security deposit of the aforesaid amounts. The authorities below rejected the claim of assessee because the amount of […]

Do’s and Don’ts while dealing with Investment Advisers

November 29, 2018 804 Views 0 comment Print

Always deal with SEBI registered Investment Advisers. Ensure that the Investment Adviser has a valid registration certificate. Pay only advisory fees to your Investment Adviser. Make payments of advisory fees through banking channels only and maintain duly signed receipts mentioning the details of your payments.

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031