CA Amresh Vashisht

Growing Pains of Small Sole Proprietor and CA Firms
It is a bare truth that chartered Accountant profession needs the progressive dimension of running a successful Audit firm. Another truth is that in today’s n […]

Points to ponder upon about GST Annual Return
As per section 44 of CGST ACT,2017 “Every registered person, other than input service distributor, a person paying tax under section 51/52 and non-resident taxable p […]

Recovery of arrears of wrongly availed CENVAT credit under the existing law and inadmissible transitional credit
Various representations have been received seeking clarification on the process of recovery of […]

Refund Procedure for Goods/Services made to Zero-Rated Supplies
It has been shown that Government has made extra efforts to disburse various Refund requests. Following is the Refund Procedure for Goods/Services […]

My Departure Address – Common Seal
I am a COMMON Seal of the company who ruled the corporate world for a century. I come to you with a message of leave-taking and farewell, and to share a few final thoughts with […]

Advisory to taxpayers for filing refund application under GST-RFD-01A
Advisory to taxpayers for filing refund application under GST-RFD-01A:
1. Refund application can be filed using the application form […]

Decoding ITR 7 of A.Y 2018-19
Persons including companies that are required to furnish Income-tax return under section 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F) shall furnish the return of […]

NOTE ON E-WAY Bill
To understand the structure and mechanism of the e-way bill, the following is NOTE on E-Way Bill:
Section 129(1) of CGST Act
Detention, seizure, and release of goods and conveyance in […]

Service provided to the Distinct person by the employee is Supply: AAR 
Karnataka AAR holds that activities performed by employees at the corporate office in course of or in relation to employment. Such as […]

Application of IEC simplified and auto-generated
DGFT revises FTP para 2.05 and HBP para 2.08 with regards to IEC and modification of IEC vide notification no. 24 DT. 08.08.2018 and public notice no. 27 DT. […]

Updates on GST Returns
GST Returns (GSTR1 and GSTR3B) continues till 31.03.2019 vide Notification no 33/2018 and 34/2018 dated 10-08-2018

Due dates
GSTR 1- Monthly
Monthly GSTR1’s – by 11th of next month […]

Multipurpose Empanelment Form 2018 Application 
The uploading of form is not smooth. Many problems are being surfaced. The last date for filing the Multipurpose Empanelment Form 2018 is 21st August 2018.
This y […]

Important note for GST on Canteen Services
Whether reimbursement of food expenses from employees for the canteen provided by the company comes under the definition of outward supplies as taxable under the GST […]

Matching GST returns and ITR
The first financial year after the regime of the GST has ended and now the time is for the filing of the Income-tax Return. But there are some confusion and problems arising in the m […]

Take note of following Precautions while filing ITR-7
Some of the claims made under sections 11 may are being disallowed during processing for reasons and in certain cases, the same may be rectifiable by suitable […]

In the case of project completion method, Income can only be taxable after sale deed execution
IT: Where the assessee, engaged in construction business, was following project completion method, its income could […]

GSTN to temporarily shut down on 1st July 
The Goods and Services Tax Network (GSTN) will not be available on the first anniversary day of GST, i.e, 1st July, GSTN said. As the Goods and Services Tax Network ( […]

Suggestive Ways to Deal ROC Latest Notice STK-5
The Companies which have not filed their Financial Statement (AOC-4 / 23AC, ACA) or Annual Return (MGT-7) for a period of two immediately preceding financial year […]

Nine Steps for Revocation of Cancelled GST Registration
{ Application for revocation of cancelled GST registration can be accessed within 30 days, from issuance of the Cancellation Order on the GST Portal, after […]

Common enrolment for transporters for e-Way Bills; Seizure / Confiscation orders made available online
Central Govt. notifies CGST (Sixth Amendment) Rules 2018 from date of their publication in Official Gazette; […]