HIGHLIGHTS RESULTS OF THE GST COUNCIL MEETING HELD : The threshold Annual Exemption Limit fixed at ₹ 20 Lac. The threshold limit for the north-eastern and hill states paged at ₹ 10 Lac. GST… Read More
Income Declaration Scheme’2016 – Latest Developments (a) Instruction No. 9 of 2016 (IDS) dated 27-09-2016 (Non –indexation of assets sold prior to 01-06-2016) CBDT issues yet another clarification on the Income… Read More
Professional Update For the Day: DIRECT TAX:- Gujarat HC confirms ITAT order, holds ONGC (‘assessee’) in default u/s 201(1)/(1A) for not deducting TDS on payment of ‘uniform allowance’ to its… Read More
Professional Update For the Day: Direct Tax:- IT: Assessee has directly deposited cash in the supplier’s account and has produced the bills, no evasion of tax by claiming the bogus expenditure… Read More
Frequently asked Questions on GST Question In respect of exports, will GST be directly credited to a/c.or rebate papers have to be filed? Answer Refund / Rebate application is to… Read More
GST - DRAFT RULES AND FORMATS The Central Board of Excise and Customs has issue few draft Rules and Formats. We are looking for your comments in it by 28th… Read More
Professional Update For the Day: CORPORATE AND PROFESSIONAL UPDATE SEPT 26, 2016 Direct Tax:- IT: Penalty u/s 271B - assessee firm could not get the accounts audited within time limit… Read More
HIGHLIGHTS RESULTS OF THE GST COUNCIL MEETING HELD ON 22-23 SEPTEMBER,2016: The threshold Annual Exemption Limit fixed at ₹ 20 Lac. The threshold limit for the north-eastern and hill states paged at ₹ 10… Read More
Chartered Accountant Act, 1949: Where a CA sold his shares but continued to receive dividends declared by the Company by cheating upon transferee, such activity could not be said… Read More
GST – A REALITY SOON The 122ND Constitutional Amen tdment Bill for the introduction of Goods and Services Tax (GST) inhe Indian Constitution has been passed by the Rajya Sabha.… Read More