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Oral understanding against a written agreement is not admissible
Case Covered: M/s Eternity Entertainment & Hospitality Pvt. Ltd. Versus Raj Kumar Dhingra Read the full text of the case here. Facts of the case: RFA 794/2019 is against the judgment and decree dated 19.07.2019 passed by the learned Additional District Judge-01, South, Saket Courts,
Delayed payment to Micro and Small Enterprise’s & its Disclosure
Delayed payment to Micro and Small Enterprise’s & its Disclosure Preface The Micro, Small and Medium Enterprise (MSE) Sector is the spine of Country’s economic growth and development and in order to strengthen its position in the current business environment. The Ministry of Micro, Small
PCS Vinit NagarApr 10, 2020Immediate relief to taxpayers by releasing of pending refunds
Immediate relief to taxpayers by releasing of pending refunds Department of Revenue has vide press release dated 08th April 2020, stated that all pending income tax refunds up to 5 lakhs, GST and custom refunds of 1 lakh business entities including MSME be released
Tarun BhatiaApr 9, 2020Foreign trade policy 2015-20 extended to 31st March 2021
Notification No. 57/2015-20 S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade(Development & Regulations) Act,1992 read with paragraph 1.02 of the Foreign Trade Policy (FTP) 2015-20, as amended, the Central Government hereby makes, with immediate effect, the following amendments in the
TN High Court Judgment. Form ‘C’ can not be denied for Inter state purchases of Petroleum products and Liquor & other Spirits.
Case Covered: The Commissioner of Commercial Taxes Versus The Ramco Cements Ltd. Facts of the case: The Commissioner of Commercial Taxes has filed this intra-court Writ Appeals aggrieved by the order and judgement of the learned Single Judge dated 26.10.2018, whereby the learned Single Judge
Taxability of Service by Directors
Taxability of services provided by a director In GST, provisions relating to Authority of Advance Rulings (“AAR”) were enabled to provide certain aid to the taxpayers with respect to unerring interpretation of the legal provisions. However, with flooding of pro-revenue and certain implausible rulings, it
CA Tushar AggarwalApr 9, 2020IGST Notification issues for interest waiver
Notification No. 3/2020 – Integrated Tax G.S.R…..(E).—In exercise of the powers conferred by section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), read with sub-section (1) of section 50 and section 148 of the Central Goods and Services Tax Act,
Bail allowed due to Corona woes
Bail application no. 997/2020 FIR No. 97/2020 PS Special Cell u/s 406/420/120B IPC State Vs. Chirag Jaitley 08.04.2020 Present: Sh. Dharam Chand, Ld. Addl. PP for the State Sh. Harsh Sethi along with Sh. Sarvapriya Makkar, Ld. Counsels
Tax Deducted at Source (TDS) Rates Applicable from 01st April 2020
Tax Deducted at Source (TDS) Rates Applicable from 01st April 2020 S.No Section Nature of Payment Monetary Limit Rate 1 192 Salaries Slab Rate Slab Rate – Old or New as declared by the employee 2 192-A Premature withdrawal from Employee Provident Fund 50,000
Detailed discussion on time and value of supply, download full ppt
Time of Supply 12(1) & 13(1) – What is the time of supply? 12(1) “The liability to pay tax on goods shall arise at the time of supply as determined in accordance with the provisions of this section” 13(1) “The liability to pay tax on
CA Harini SridharanApr 9, 2020Extended due dates schedule for GST returns till June 2020
EXTENDED DUE DATE SCHEDULE FOR GST RETURNS TILL JUNE 2020 MONTH As you aware that Due Dates extended for providing relief to taxpayers in view of COVID-19 pandemic, Below is the schedule for GST RETURNS Related Topic: GST Returns Due Dates for GTSR 1 and GSTR
CA Harshil ShethApr 9, 2020Government to release pending refunds of income tax,GST and customs
In a press release, it is decided by the government that pending refunds will be released. In case of income tax all pending refunds upto Rs. 5 lac will be released. In the case of GST and customs also refunds will be released soon. This