Science of Enhancing Quality of Audit And Assurance Service by CA History of Audit The word Audit is derived from a Latin word ‘Audrie’ which means to ‘hear’. During the medieval times when manual bookkeeping was prevalent, auditors in Britain used to hear the accounts
Import data in GSTR-2A Two new tables have been inserted in GSTR-2A for displaying details of the import of goods from overseas and inward supplies made from SEZ units / SEZ developers. Taxpayers can now view their bill of entries data which is received by
Launch of GSTR-2B for the month of July 2020 The GST Council, in its 39th meeting held on 14th March 2020, had recommended to adopt and implement the incremental approach of linking the present system of filing of GSTR-3B and GSTR-1 and other significant changes
Financial Planning, Gift Powers-of-Attorney, Will & Intestate Succession What is a Financial Plan A financial plan is a comprehensive evaluation of an individual’s current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans Coverage of
FORM GSTR-2B – Advisory (Available under “Advisory” Tab of GSTR-2B) 1. Terms Used: i. ITC – Input tax credit ii. B2B – Business to Business iii. ISD – Input service distributor iv. IMPG – Import of goods v. IMPGSEZ – Import of goods or inward
GSTR-2B Enabled by GSTN GSTR-2B available from the month of July 2020 New features in GSTR-2B Static GSTR-2B • Static statement and available once a month • Freezing of data on the 12th of the month succeeding the month • Say, for the month of
Background The CBDT has the power under section 138 of the Income-tax Act, 1961 to provide information received or obtained by income tax authorities to any officer, authority or body performing any functions under any law relating to the imposition of tax, duty or cess.
Case Covered: Smt. Kanishka Matta Versus Union of India Facts of the Case: The petitioner before this Court has filed this present petition for issuance of an appropriate writ, order or direction directing the respondent No.4 – Assistant Director, DGGSTI, Indore and respondent No.5 –
Notification Dated 24.08.2020 G.S.R. 526(E).——In exercise of the powers conferred by section 135 and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Corporate Social Responsibility Policy)
This writeup deals with all the aspects related to supply of old and used business assets under GST. Being a business person there are various assets that are required for furtherance of business and after a span of time, they are sold as a second
