Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
GST provisions applicable from 1st April 2021
Introduction GST provisions applicable from 1st April 2021 are discussed here in this article. There is a long list of the new provisions. Gradually it is getting riskier to avoid GST compliances. Department is quite active and in many cases, you may have to spend
CA Shafaly Girdharwal
Compliances of GST in Banking Sector: ICAI
Chapter 1 Banking Sector – An Overview Service Tax Applicability On Banks Service Tax was introduced in India on 01.07.1994. However, Banking and Other Financial Services had been brought within the ambit of Service Tax w.e.f. 16.07.2001. Services mentioned in section 65(12)(a) of the Finance
GST ComplianceFAQs On E-Invoicing in GST- How, when and who is liable
These FAQs On E-Invoicing in GST are drafted 1. What is ‘e-invoicing’? Ans. E-Invoicing means a system in which notified class of registered person uploads specified particulars of B2B Invoices on Invoice Registration Portal (IRP) [ in FORM GST INV -01] and obtain an Invoice
82,072 assessment cases completed in faceless manner till 10th March 2021: PIB
Income tax assessments are being done in a faceless manner, this was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today. The Minister further stated that income
GST ComplianceReply to Notices Under GST
Basic Principles while Replying to any Notice Verify, whether it is in the prescribed Form. Find out whether the alleged default is committed by the recipient and the notice is self-explanatory. If it is not so, write to issuing authority, to clarify. Do not assume
Madras HC in the case of M/s.DMR Constructions Versus The Assistant Commissioner
Case Covered: M/s.DMR Constructions Versus The Assistant Commissioner Facts of the Case: This batch of 23 Writ Petitions has been filed by assessees under the Tamil Nadu Goods and Service Tax Act, 2017 (‘TNGST Act’) who challenge notices issued by the respondent, Commercial Tax Authorities
UGC to consider CA/CS/ICWA qualification equivalent to PG Degree for appearing in UGC-Net.
University Grants Commission Bahadur Shah Zafar Marg, New Delhi-110002 off: 011-23238865 E-mail: ssingh.ugc@nic.in Dr. Surender Singh Joint Secretary D.O.No.9-35/2016 (CPP-II) 15 March 2021 Sub: To consider CA/CS/ICWA qualification equivalent to PG Degree for appearing in UGC-Net Sir/ Madam, UGC had received requests from the Institute of
Karnataka HC in the case of Mr. Virendra Khanna Versus State of Karnataka
Case Covered: Mr. Virendra Khanna Versus State of Karnataka Facts of the Case: In the petition, it is contended that: The petitioner is an IT Engineer, having studied in M/s RV College of Engineering, Banglore. He was selected as Software Engineer, during the process of
Bail Petition Accepted- Petitioner compliance to Summons, No Tampering of Evidence, Section 167 of Cr. Pc
Bail Petition Accepted- Petitioner compliance to Summons, No Tampering of Evidence, Section 167 of Cr. Pc 2021 (3) TMI 541 – Bombay High Court in Sunil Kumar Jha And Akshay Chhabra Versus Union Of India & Ors. The allegation against the Petitioner Petitioners have committed
Tripura HC in the case of Tirthamoyee Aluminium Products Versus State of Tripura
Case Covered: Tirthamoyee Aluminium Products Versus State of Tripura Facts of the Case: Brief facts are as under: Petitioner is a proprietary concern and is engaged in the business of manufacturing aluminum utensils and its unit is located at Agartala. The petitioner purchased certain aluminium
Gujarat HC in the case of Messrs Mahalaxmi Rubtech Ltd. Versus Union of India
Case Covered: Messrs Mahalaxmi Rubtech Ltd. Versus Union of India Facts of the Case: By this writ application under Article 226 of the Constitution of India, the writ applicant, a company, has prayed for the following reliefs: “(A) That Your Lordships may be pleased to
Assumption And Presumption — Taxing Statute
Assumption And Presumption — Taxing Statute Reasons are the flesh and blood of any Adjudication Proceedings. Any assumptions and presumptions must be supported by reasons and corroborative evidence. It is not only the Tax Officers but also the assessee who come to conclusion based on