#CA Bimal Jain
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2,793 articlesGoods and Services Tax

Goods and Services Tax
GST @12% leviable on contract w.r.t. construction of new railway sidings
Service Tax

Service Tax
Classification of service depends on essential character of service
Custom Duty

Custom Duty
Revenue Department has discretion to allow/disallow redemption of prohibited hazardous waste
CA, CS, CMA

CA, CS, CMA
ICAI has suo moto powers to initiate disciplinary actions against CAs without written complaint
Goods and Services Tax

Goods and Services Tax
Raula Gundi is Chewing Tobacco (without lime tube) & falls under HSN 24039910
Goods and Services Tax

Goods and Services Tax
Ex-parte orders violates principles of natural justice & entails civil consequences
Income Tax

Income Tax
Expenditure incurred for construction of a new facility and subsequently abandoned at Work-in-progress stage is allowable as Revenue Expenditure
Income Tax

Income Tax
TDS Credit shall be given for Assessment Year for which Income is Assessable
Income Tax

Income Tax
Interest Paid on Belated Service Tax Payments is Allowable under section 37(1)
Goods and Services Tax

Goods and Services Tax
Administering of COVID-19 vaccine by hospitals is a composite supply & liable for GST at 5%
Income Tax

Income Tax
Personal savings of a government employee cannot be suspected for several years
Goods and Services Tax

Goods and Services Tax
Housing Board established by the government is a ‘Government Authority’
Income Tax

Income Tax
Interest Income not to be assessed When Assessee is Non-Resident: ITAT
Income Tax

Income Tax
