Real Estate ALERT – INCOME Tax Will Only Consider Turnover as per ICDS
Real Estate ALERT –
INCOME Tax Will Only Consider Turnover as per ICDS
BY CA Ankit Gulgulia (Jain)
Finance Bill, 2018 has newly inserted Section 43CB which
provides...
Benefits of Chapter VIA Deductions only allowable now if Return filed within Deadlines of...
Benefits of Chapter VIA Deductions
only allowable now if Return filed within Deadlines of 139(1)
By CA Ankit Gulgulia (Jain)
All
Chapter VIA – Heading C Deduction shall...
Supreme Court Painfully Surprises- Denies Cenvat Credit on Outward Goods Transportation !
Cenvat Credit on Outward Goods Transportation
Denied! – Supreme Court Judgement Will Hurt Many Assesses
By CA Ankit Gulgulia (Jain)
Supreme Court set aside all High Courts...
Centralized Communication Centre – Your New Income Tax Officer !
Centralized
Communication Centre –
Your New Income Tax Officer !
The CBDT i.e. Board of Direct taxes has recently issued a very
interesting Notification that leads to pave...
Why 31st March, 2018 is the Big Date??
Why 31st March, 2018 is the Big Date??
Yes, every
year comes 31st March with all closings and stock verifications etc,
but this year onwards every 31st...
GSTR3B Problem Resolved:- TRAN-1 Filed not Submitted, Government Reopened the Window
GSTR3B Problem Resolved:- TRAN-1 Filed not
Submitted, Government Reopened the Window
We earlier
discussed this problem faced by so many dealers where TRAN-1 was filed without
DSC led...
How to File Letter of Undertaking Online under GST
How to File Letter of Undertaking Online under GST
Dear Reader,
Much to the relief of exporters all across the country be it of Goods or
services,...
TDS @ 20% For Non PAN Foreign Assessees – Delhi HC Reads Down Stating...
TDS @ 20% For Non PAN Foreign Assessees - Delhi HC Reads Down Stating Treaty Supremacy
TDS liability @20% - payment to non-residents not having...
Cabinet approves New Bill to ban Unregulated Deposit Schemes and Chit Funds (Amendment) Bill,...
Cabinet approves New Bill to ban Unregulated Deposit Schemes and Chit Funds (Amendment) Bill, 2018
February 20, 2018
Contents
In a major policy initiative to protect the...
GST regime not user-friendly, says Bombay High Court
GST regime not user-friendly, says Bombay
High Court
The Bombay High Court said the goods and services tax (GST) regime wasn't easy to use, questioning the celebratory
midnight session of Parliament...
Check Shipping Bill Data of Your Export First on ICEGATE :- DGFT Advises
Check Shipping Bill Data of Your Export First on ICEGATE :- DGFT Advises
Advise to exporters to promptly check Shipping Bill transmission status on ICEGATE...
{Video – 5 Mins} Income Tax Changes Budget 2018 – By CA Ankit Gulgulia...
{Video - 5 Mins} Income Tax Changes Budget 2018 - By CA Ankit Gulgulia (Jain)
Long Term Capital Gains on Equity Shares & Equity Oriented Funds Taxed @ 10%...
Long Term Capital Gains on Equity Shares & Equity Oriented
Funds Taxed @ 10% - Modus of Computation with Sample Calculation
By CA Ankit Gulgulia (Jain)
As...
Real Estate Price within 5% of Circle Rate is allowable without any Income Tax...
Real Estate Price within 5% of
Circle Rate is allowable without any Income Tax Adjustment
By CA Ankit Gulgulia (Jain)
In Current Scenario where the Transaction Prices...
Foreign Exchange Gains and Losses allowed under Income Tax only as per ICDS, Not...
Foreign Exchange Gains and Losses allowed under Income Tax only
as per ICDS, Not as per Audited Books any More
By CA Ankit Gulgulia (Jain)
Finance
Bill, 2018...
Budget 2018 – MTM Losses Allowable Only as per ICDS
MTM Losses Allowed as Deduction
under Income Tax Only if Computed as per ICDS Prescribed
By CA Ankit Gulgulia (Jain)
Section 36(1)
of Income Tax Act, 1961 will...
Union Budget 2018 – Changes in Service Tax
Union Budget 2018 - Changes in Service Tax
F.No. 334/04/2018-TRU
Government of India
Ministry of Finance
Department of Revenue
(Tax Research Unit)
Amitabh Kumar
Joint Secretary (Tax Research Unit)
Tel: 011-23093027; Fax:...
Employee Termination Income post Employment liable to Charged u/s 56 as other Sources
Employee Termination Income post Employment liable to Charged
u/s 56 as other Sources
Finance Bill, 2018 New Insertion to Make Heavy on termination Pay
56
(8) after clause...
GST ON PRINTING INDUSTRY – A DETAILED ANAYLSIS & ITEM WISE RATE TABLE STUDY
GST ON PRINTING INDUSTRY – A DETAILED
ANAYLSIS & ITEM WISE RATE TABLE STUDY
By CA Ankit Gulgulia (Jain)
Printing
Industry is a very wide Industry ranging from...
List of New Service Exemptions by 25th GST Council Meeting Dated 18.01.2018
List of New Service Exemptions by 25th GST Council Meeting Dated 18.01.2018
The 25th GST Council meeting was held at New
Delhi on 18.01.2018. The said meeting was...
GST Rates Reduced from 18% to 5% for Construction Services of Sewage Treatment &...
GST Rates Reduced from 18% to 5% for Construction Services of Sewage Treatment & Common Effluent Treatment Plants
The 25th GST Council meeting was held at New
Delhi...
GST Rates Reduced to 0.25% from 3% on Diamonds & Precious Stones
GST Rates Reduced to 0.25% from 3% on Diamonds & Precious Stones
The 25th GST Council meeting was held at New
Delhi on 18.01.2018. The said meeting was...
GST Rates Slashed from 18% to 5% on Scientific & Technical Instruments & Domestic...
GST Rates Slashed from 18% to 5% on Scientific & Technical Instruments & Domestic LPG
The 25th GST Council meeting was held at New
Delhi on 18.01.2018. The...