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Article - GST exemption to DG shipping approved maritime courses
GST exemption to DG shipping approved maritime courses The Maritime Institutes are educational institutions under GST and the courses conducted by them are exempt from GST. The exemption is subjected to meeting the condition specified at SL. No.66 of the notification No.12/2017 CTR dated 28-06-2017
Read MoreArticle - Corporate Compliance Calendar For the month of October 2019
Corporate Compliance Calendar For the month of October 2019 About Article : This article contains various Compliance requirements under Statutory Laws. Compliance means adhering to rules and regulations. Compliance Requirement Under 1. Income Tax Act, 1961 2. Goods & Services Tax Act, 2017 (GST)
Read MoreArticle - Gist of Notifications issued in order to implement the recommendations of the 37th GST Council Meeting
Gist of Notifications issued in order to implement the recommendations of the GST Council in their meeting held on September 20, 2019 There are several changes proposed in GST rates on specified goods and services during the 37th GST Council meeting held on September 20, 2019. The Central Government
Read MoreArticle - 4 Lakh Taxpayers to face scrutiny under New e-assessment system
4 Lakh Taxpayers to face scrutiny under New e-assessment system Income Tax Dept to scrutinise 4 lakh taxpayers under new e-assessment system The income-tax (I-T) department has identified about 400,000 taxpayers who will face scrutiny under the new faceless assessment scheme. Notices were being serv
Read MoreArticle - Representation on Income Tax and GST Issues faced by taxpayers
Representation on Income Tax and GST Issues faced by taxpayers BCAS has made a representation jointly with the Chartered Accountants Association Ahmedabad, Chartered Accountants Association Surat, Karnataka State Chartered Accountants Association and Lucknow Chartered Accountants Society to the Hon.
Read MoreArticle - The Taxation Laws (Amendment) Ordinance, 2019
MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 20th September, 2019 THE TAXATION LAWS (AMENDMENT) ORDINANCE, 2019 No 15 OF 2019 Promulgated by the President in the Seventieth Year of the Republic of India. An Ordinance further to amend the Income-tax Act, 1961 and the Finance (N
Read MoreArticle - FAQ on ‘Presentation of Dividend and Dividend Distribution Tax’
FAQ on ‘Presentation of Dividend and Dividend Distribution Tax’ PRESENTATION OF DIVIDEND AND DIVIDEND DISTRIBUTION TAX Question: What is the presentation requirement as per Ind AS in India for dividend and dividend distribution tax thereon Response: Presentation of Dividend The paragraph
Read MoreArticle - Income Tax E Assessment Scheme 2019 Notifies by CBDT
Income Tax E Assessment Scheme 2019 Notifies by CBDT with effect from 12th September, 2019 videNotification No. 61/2019- Income Tax. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 12th September, 2019(INCOME-TAX) S.O. 3264(E).In exercise of the po
Read MoreArticle - Compliance Calendar For September 2019
Compliance Calendar For September 2019 The compliances of statutory laws, rules & regulations carry significance in terms of discharging the legal responsibilities by the various entities operating in the country. The meeting of deadlines and submitting the periodic information to the Government
Read MoreArticle - CBDT consolidates Circulars for ease of compliance of Start-ups
CBDT consolidates Circulars for ease of compliance of Start-ups In order to provide hassle-free tax environment to the Start-ups, a series of announcements have been made by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman in her General Budget Speech, 2019, and also on 23rd Au
Read MoreArticle - CORPORATE Compliance CALENDAR For the month of September, 2019
CORPORATE Compliance CALENDAR For the month of September, 2019 About Article : This article contains various Compliance requirements under Statutory Laws. Compliance means adhering to rules and regulations. Compliance Requirement Under Income Tax Act, 1961 Goods & Services Tax Act, 2017 (GST) Ot
Read MoreArticle - ICAI President’s Message – September 2019
ICAI President’s Message – September 2019 My dear Professional Colleagues, While our Government has always been ready to take up all possible dynamic, innovative and futuristic measures to boost our national economy in the best interests of our nation, we Chartered Accountants are also e
Read MoreArticle - CBDT issues clarification on eligibility of small Start-ups to avail tax holiday
CBDT issues clarification on eligibility of small Start-ups to avail tax holiday The Central Board of Direct Taxes (CBDT) has clarified today that small start-ups with turnover upto Rs. 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of the Income Tax Act, 1961(
Read MoreArticle - CBIC Chairperson writes to departmental officers to reach out to taxpayers and assist them in filing annual returns / audit reports
CBIC Chairperson writes to departmental officers to reach out to taxpayers and assist them in filing annual returns / audit reports Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes & CustomsNorth Block, New Delhi 110 001Tel. +91-11-23092849, Fax :.91-11-
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