In Brief This is with reference to a recent Hon’ble Bangalore CESTAT ruling rendered in the context of Venture Capital Funds, set up as Trusts, wherein the Tribunal has pronounced its view with respect to the concept of mutuality, taxability of carried interest, and other
CMP 08 for composition dealers: This new form is introduced for composition dealers. Both composition dealers and taxpayers under 02/2019 CT are required to file it. They are filing GSTR 4 till now. But they need to file CMP 08 quarterly. GSTR 4A is still
Tax Calendar Due date Form/Return/Challan Reporting Period Description 18th July 2021 CMP-08 April to June 2021 Quarterly return for a registered person opting for composition levy 20th July 2021 GSTR – 5A June 2021 OIDAR – Details of supplies of online information and database access
Case Covered: M/s Global International Versus Union Of India Order of the Hon’ble Court: Heard Mrs. Pragya Pandey, learned counsel for the petitioners, and Sri Ashok Singh learned counsel for the respondent no. 1, 2 & 4. The present writ petition has been preferred by
2021 (7) TMI 427 – Delhi High Court in One Mobikwik Systems Private Limited Versus Deputy Commissioner Of Income Tax Related Topic: A petitioner who seeks equity must do equity Facts A show-cause notice was served on the petitioner, on 11.06.2021, Petitioner was, however,
विषय:- जीएसटी कर कानूनों के पालन करने में आम करदाता को आने िाली परेशाननयों को हल करने हेतु ज्ञापन . आपके कुशल नेतत्ृि में जीएसटी भारत में अब चार िर्ष पूरे कर चुका है और अब यह तय है कक जीएसटी भारत िर्ष में
The MSME sector is the soul and blood of the Indian economy. It provides the raw material for the bigger industries, maximum employment, and also spearheads innovation, design, and technology in the fast-changing industry. Most of the Start UPs are in this sector only. It
Rule 36(4) restricts the availment of input tax credit beyond 5% of the ITC reflected in Form GSTR 2A/2B. However, as per Notification No. 13/2021-CT dated 1st May 2021 as amended by Notification No: 27/2021 dated 01/06/2021the said restriction will not apply in individual months
2021 (7) TMI 174 – Madras High Court in M/s. NCR Corporation India Pvt. Ltd. Versus The Commissioner Of GST & Central Excise, Puducherry Commissionerate, Puducherry 1. The mixed question of fact and law has to be adjudicated with reference to the original records and
Subject: – Memorandum to solve the problems faced by the common taxpayer in complying with GST tax laws in India. Under your able leadership, GST has now completed four years in our country India and now it is certain that GST is going to
