"I am practicing since 1997 in the field of Direct Tax, Indirect Tax, Project finance, Subsidy matters. Appearing at ITAT level and having specialisation in handling GST Search matters. Delivered Lectures on Direct Tax and Indirect Taxes at Study Circles, Trade Associations, Public Meetings .Also Associated with many social organisations and Member of Direct Tax committee of Southern Gujarat Chamber of commerce and Industry. "
Recent judgement of Delhi High court in the case of Maple Logistic (P) Ltd. Has again highlighted the matter of withholding the refund of assessee without following spirit of law. When a case of assessee is selected for scrutiny, refund is withheld. It is against the law and court has taken very adverse view on […]
Disclosure 1 in GSTR 9C: Reconciliation and not assurance on overall compliance ♣ It has been clarified by the CBIC vide press release dated 03.07.2019 that the scope of the audit is restricted to provide reasonable assurance on the correctness of the reconciliation given in Part A of this Form and auditor is not required […]
Representation regarding issues faced by Real Estate Sector with respect to GST which include GST on Land Development Rights, Higher Rate of GST on Cement, Impractical condition of 80%, GST on FSI charges paid to Municipal Corporation/ Government, GST on construction activity within the framework of Textile Park Scheme, brdening of builders with Matching Concept, […]
Article explains recent Changes related to GST on Real Estate Section effective from 01.04.2019 unless specified otherwise which include- GST rates for Ongoing Projects (Where option not exercised for old rates and Where option exercised for old rates before 10th May 2019 in prescribed form) and New Projects (01.04.2019 onwards), Meaning of Ongoing Projects, Important […]
CA Rajesh Bhauwala 1. What is the definition of Affordable Housing : a) A Residential House/flat of carpet area of up to 90 Sqm(968.752 sq ft) in Non metropolitan Cities/towns having value up to 45 Lacs . b) A Residential House/flat of Carpet area of up to 60Sqm(645.835 sq ft.) in Metropolitan cities/towns having value […]
CBIC has issued Circular No. 76/50/2018-GST dated 31-12-2018 in which in point no. 5 it has clarified that GST will be applicable on TCS ( under Income Tax) amount collected by Seller under Income Tax Act.
