Section 80C of Income Tax Act Section 80C is the very important Part of the deduction available to Individual and HUF form their gross Income. Section 80C provides the deduction for the Life insurance premium paid by the taxpayer in the previous year. Following is
Deduction available to Individual and HUF from Gross Income under IT Act The date for filing the Income Tax Return may have extended by the Government from 31st July 2018 to 31st August 2018. But still, the individuals and HUF’s have to file the return. So,
Companies (Appointment and Qualification of Directors) fourth Amendment Rules, 2018. Government of India MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 5th July 2018 G.S.R. (E).-In exercise of the powers conferred under second proviso to sub-section (1), sub-section (4), clause(f) of sub-section (6) of section 149, sub-section
Assembly and Erection of the plant falls under different Contracts: AAR The following ruling was applied for various issues. Under which the one question is regarding the Assembly and Erection of the plant. Advance ruling is applied for “Whether both of the activity can be done
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 mind of the taxpayers. Because there is some
Landmark SC judgment on interpretation By CA Bimal Jain A Constitution Bench (Bench of Five Judges) of the Hon’ble Supreme Court of India (“SC”) in one of the landmark case of Commissioner of Customs (Import) Mumbai Vs. M/s Dilip Kumar and Company and Ors [2018-TIOL-302-SC-CUS-CB]
Features of GST Simplified Quarterly Return Form The GST Council in its 28th GST Council Meeting held on 21 July 2018 under the Chairmanship of Shri Piyush Goyal, Union Minister for Railways, Coal, Finance & Corporate Affairs has approved the new return formats. The Council had
Notification No.67/2018 – Customs (N.T.) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No.67/2018 – Customs (N.T.) New Delhi, dated the 2nd August 2018 11 Shravana 1940 (SAKA) In exercise of the powers conferred by section 14
Features of GST Simplified Return Form The GST Council in its 28th GST Council Meeting held on 21 July 2018, under the Chairmanship of Shri Piyush Goyal, Union Minister for Railways, Coal, Finance & Corporate Affairs has approved the new return formats. The Council had
What are the Details and List of documents for Form Dir-3 KYC? In this article, we will discuss the basic details and list of documents for form Dir-3 KYC. As per a new rule i.e., Rule 12A inserted by the Ministry of Corporate Affairs (“MCA”).
