GST Constitutional Amendment Bill (GST Bill), One Step Forward Till now 16 states have ratified the GST Constitutional Amendment Bill (GST Bill) after it was passed in the RAJYA SABHA… Read More
Professional Update For the Day: DIRECT TAX: No tax on income from offshore supplies as supplier had no agency PE in India. No cancellation of trust’s registration just because its… Read More
Professional Update For the Day: DIRECT TAX: ITAT Chennai held that exemption U/s. 54F will be allowed despite of delayed investment in Capital Gain Account Scheme. The provisions of section… Read More
Professional Update For the Day: DIRECT TAX: CBDT prescribes the Class or classes of buyers to whom provisions of sub-section (1D) of section 206C shall not apply [CBDT Notification dated… Read More
RETURNS UNDER GST : EIGHT FORMS: GSTR-1 TO GSTR-8 GSTR-1 (Sales Register) This is a sales register of goods and services we can enter the details of sales and services… Read More
ABOUT GST RATE IN DIFFERENT COUNTRIES: The combined GST rate is being discussed by government. The rate is expected around 18% to 22%. After the Total GST Rate is arrived… Read More
Professional Update For the Day: DIRECT TAX: Gujarat High Court held thatTDS u/s 194LA - The buildings do not form part of the agricultural lands or at any rate have… Read More
Professional Update For the Day: DIRECT TAX: Gujarat High Court allows Interest u/s 244A on principal claim of refund of tax - AO has not made out the case of delay… Read More
THE GST BILL ADOPTED BY THE RAJYA SABHA & LOKE SABHA KEEPING GST RATE FIXED AT 18% AND BRINGING GST AS A FINANCIAL BILL AND NOT MONEY BILLS After a… Read More
What is the impact of GST on real estate industries of INDIA? The introduction of GST would enhance attractions of other countries towards India as the investment destination through encouraging… Read More