When 269ST will be applicable in Hindi
Lets have a glimpse of sec 269ST 1. किस पर लगेगा: अगर कोई व्यक्ति किसी अन्य व्यक्ति से 2 lakh से ज़्यादा पैसे प्राप्त करता है i.e. Cash a. एक दिन में एक person से b. एक transaction के लिए c. एक event या
Key changes in new ITR forms for AY 2017-18
The CBDT has notified new income-tax return forms (ITR forms) for the assessment year 2017-18. It has prescribed simplified version of ITR-1 with fewer columns. A new column has been inserted in ITR Forms to report cash deposits in banks above 2 lakhs during the
GST Implementation and Compliance
GST Implementation and Compliances – Are you ready 1st July or 1st September 2017 – India’s GST is now a certainty. But are the stake holders ready; their IT systems ready and above all have all the stake holders including the Central Government and State
Revised GST registration rules released
GST registration rules Revised registration rules are released by the GSTIN. These rules to be read with the relevant provisions given in GST Act. Major provisions given here are: Application for registration Verification of the application and approval Issue of registration certificate Separate registration for
Revised GST refund rules released
GST refund rules Revised GST refund rules are released by the GSTIN. Major provisions given in these rules are: Application for refund of tax, interest, penalty, fees or any other amount Acknowledgement Grant of provisional refund Order sanctioning refund Credit of the amount of rejected
Revised GST payment rules released
GST payment rules Revised GST payment rules are released by GSTIN. These rules contains the provisions related to payment in GST. Following major provisions are given in these rules Electronic Tax Liability Register The electronic tax liability register specified under sub-section (7) of section 49
Revised GST invoice rules released
GST invoice rules released GST invoice rules are released. These rules contains the major provisions related to the invoice, debit notes and credit notes. Major provisions covered are given below. PDF of these rules is also given above. Tax invoice: Containing the major items to
GST transition rules released
GST transition rules GST transition rules have been released by GSTIN. These rules contains the provisions related to transition.Major heads covered in these rules are. Application in respect of tax or duty credit carried forward under any existing law or on goods held in stock
GST rules released by GSTIN
GST rules related to composition, valuation, transition, ITC are released. Also the revised rules for Invoice,payment,refund, registration and return are also released. All of those rules are attached here. Composition rules Valuation rules Transition rules ITC rules Revised invoice rules Revised payment rules Revised refund
GST Valuation rules released by GSTIN
GST Valuation rules released GST Valuation rules are released. These rules contains the provisions for determination of value of a supply in various scenarios. The major provisions covered in GST valuation rules are: Valueof supply of goods or services where the consideration is not wholly
