theTaxTalk – Simplifying the tax law’s

This is an online portal to provide tax news, update, judgment, article, circular, income tax, GST, Notifications and much more. Simplifying the tax and related laws is the main motto of the team taxtalk for serving, solving the problem related to the tax and taxation planning And awaring about Income Tax.

Last date for any GST returns is a date of problem & trouble.

GST

Last date for any GST returns is a date of problem & trouble.

the taxtalk - April 20, 2019

ICAI goes Digital, won’t accept Cheques/ DDs beyond 6th May.

other topic

ICAI goes Digital, won’t accept Cheques/ DDs beyond 6th May.

No GST on interest-free security deposit received by the lessor which are refundable on completion of lease tenure

GST

No GST on interest-free security deposit received by the lessor which are refundable on completion of lease tenure

New Bill series is needed in GST for new financial year: GST Advisory

Income Tax

New Bill series is needed in GST for new financial year: GST Advisory

Be careful - :Penal interest attracts GST - AAR Maharashtra

Income Tax

Be careful – :Penal interest attracts GST – AAR Maharashtra

income tax

MCA annoyed over ICAI issuance of clarification on rotation - Instructed to withdraw the same

Income Tax

MCA annoyed over ICAI issuance of clarification on rotation – Instructed...

the taxtalk - February 16, 2019

MCA annoyed over ICAI issuance of clarification on rotation - Instructed to withdraw the same I am directed to refer to subject cited above and...

Extension of Filing of one time return in DPT -3 Form

Extension of Filing of one time return in DPT -3 Form

April 13, 2019

Negligence in reporting 40A(3) & 40(a)(ia) violation is Professional Negligence –...

October 19, 2018

Once Assessee is in a position to show that it has been over assessed even due to assessee's own mistake or otherwise, the Revenue has to assess correct income : Ahemdabad ITAT

Once Assessee is in a position to show that it has...

December 20, 2018

"AO cannot ask for payment of even 20% of Disputed Tax till the disposal of the appeal by CIT-A - Bombay HC Decision"

“AO cannot ask for payment of even 20% of Disputed Tax...

January 5, 2019

Judgements

other topic

“LIFE OF CA IN LAST 2 YEARS”

the taxtalk - October 5, 2018

"LIFE OF CA IN LAST 2 YEARS" ...

GAUTAM JHUNJHUNWALA vs. INCOME TAX OFFICER

When any right in respect of capital assets is extinguished and...

September 24, 2018

“HRA EXEMPTION & PAN SUBMISSION OF THE LANDLORD ”

August 11, 2014

Decisions taken by the GST Council in the 34th meeting held on 19th March, 2019 regarding GST rate on real estate sector

Decisions taken by the GST Council in the 34th meeting held...

March 20, 2019

gst

जीएसटी रिटर्न में पिछले रिटर्न में गलती सुधारने का मिलेगा मौका !

GST

जीएसटी रिटर्न में पिछले रिटर्न में गलती सुधारने का मिलेगा मौका...

the taxtalk - June 8, 2018

जीएसटी रिटर्न में पिछले रिटर्न में गलती सुधारने का मिलेगा मौका ! दिल्ली हाई कोर्ट ने भरे जा चुके जीएसटी रिटर्न में संशोधन या सुधार की...

GST payable on Toll Reimbursements

GST payable on Toll Reimbursements.

November 10, 2018

CBIC issued notification No. 1/19 (Central Tax Rate) dt.29 Jan 2019 to rescind notification No. 8/2017 Central Tax Rate dt.28 Jun 2017. In earlier notification, it was stated that reverse charge will be applicable in case of intra state supply received from unregistered supplier except if aggregate value of such supply of goods/service from any or all of the unregistered suppliers does not exceed Rs. 5,000 in a day. In this notification, it is stated that we are rescinding the previous notification. Meaning that now reverse charge will be applicable even if aggregate value of supply doest not exceed Rs. 5,000 in a day. If you purchase RS. 10 goods, you have to pay GST under RCM basis. GST amendment act had been published on 30 Aug 2018 but appointment date was not decided earlier, but in Notification no. 02/2019 dt.29 Jan 2019, *1 Feb 2019* has been decided as *Appointment day*. According to GST (Amendment) Act, 2018- section 9(4) amended so as to restrict the levy of tax on reverse charge basis on receipt of supplies of certain *specified* goods or services or both by *notified* classes of registered persons from unregistered suppliers. **attaching both GST notification and GST amendment Acts 2018 Regards, *CA Rohit Goyal*

Important clarification related to Notifications dt. 29/01/2019

January 31, 2019

Lost of way by the driver- May attract Penalty under GST

Lost of way by the driver- May attract Penalty under GST

February 8, 2019

stay connected

Budget 2019

Filing of budget is a reportable matter for auditors under Bombay Public Trust Rules, 1951.

Filing of budget is a reportable matter for auditors under Bombay Public Trust Rules, 1951.

Budget the taxtalk - February 16, 2019

9 Tax proposal in the Interim Budget -2019

Budget February 5, 2019

Actual benefit to flow to Individuals earning beyond Rs. 5 Lakh also

Budget February 5, 2019

Benefit of capital gain exemption for two Houses in Budget 2019

Budget February 5, 2019

Budget Proposals Increases Purchasing Power of Small Taxpayers: ICAI

Budget February 4, 2019

Can CIT cancel the registration certificate once granted?

IT Judgement the taxtalk - July 14, 2018

Discipline in Order of IT Department is missing!

Income Tax the taxtalk - October 9, 2018

promotion of the IRS officer to join commissioner of income tax !!

Income Tax the taxtalk - December 16, 2017

Absence of reasons on a factual issue in order of ITAT which was final...

IT Judgement the taxtalk - February 16, 2019

TAX TREATMENT OF INDIAN DEPOSITORY RECEIPTS (IDR)…

Income Tax Author taxtalk - November 15, 2010

Interim Budget decoded

Budget the taxtalk - February 4, 2019

Seller should obtain PAN if bill amount exceeds Rs. 2 Lakh

Article the taxtalk - September 12, 2016

GOOD NEWS FOR COMPANY SECRETARY

GST the taxtalk - March 2, 2019

Date of allotment relevant for reckoning LTCG: Mumbai ITAT

Income Tax the taxtalk - April 8, 2019

Query

Whether Partner receiving interest & Remuneration can opt for presumptive taxation for such Income?

Query

Whether Partner receiving interest & Remuneration can opt for presumptive taxation...

Naresh Jakhotia - October 6, 2018

Query ) Whether Partner receiving interest & Remuneration can opt for presumptive taxation for such Income? Opinion: Before coming to specific issue raised by the queries, let...

Whether Audit Report of Trust in Form NO. 10B can be filed after filing Income Tax Return?

Whether Audit Report of Trust in Form NO. 10B can be...

September 29, 2018

Interest paid to Co-operative credit societies (commonly known as ‘Patsanstha’) by borrowers – whether liable to TDS u/s 194A?

Interest paid to Co-operative credit societies (commonly known as ‘Patsanstha’) by...

September 28, 2018

Trust offering income lower than 8%, whether 2 audit required?

Trust offering income lower than 8%, whether 2 audit required?

September 19, 2018

Provisions of TDS on interest u/s 194A(1)

TDS on interest paid by banks on deposits of Co-op. Milk...

September 4, 2018

Empanelment

Empanelment as Internal Auditors for STPI

Empanelment

Empanelment as Internal Auditors for STPI

the taxtalk - March 15, 2019

Empanelment as Internal Auditors for STPI-HQ and its Centres for F.Y. 2019-20

Empanelment of Internal Auditors for State Trading Corporation

Empanelment

Empanelment of Internal Auditors for State Trading Corporation

the taxtalk - March 6, 2019

Empanelment of Internal Auditors for State Trading Corporation STC invites offers from reputed firms (including LLP) of Chartered Accounts for empanelment as Internal auditors having...

Empanelment of Auditors for Special Audit of ITDC Units

Empanelment

Empanelment of Auditors for Special Audit of ITDC Units

the taxtalk - March 5, 2019

Empanelment of Auditors for Special Audit of ITDC Units Empanelment of Firm/LLP registered with for Special Audit of ITDC Units

Empanelment of Internal UDITOR TO IBBI

Empanelment of Internal UDITOR TO IBBI

March 4, 2019

Empanelment of Concurrent Auditors for NHM – J&K

Empanelment of Concurrent Auditors for NHM – J&K

March 4, 2019

Videos

Income Tax notice in South India -2

Income Tax notice in South India

Making March Meaningful | thetaxtalk | Adv. Kapil Hirani | CA Mahendra Jain | CA O S Bagdia

Diffrance Between Normal Dealer & Composition Dealer

All About GSTR-3B | GSTR-3B Explained |

All About the Banning of Unregulated Deposit Account Scheme 2019

LATEST ARTICLES

Last date for any GST returns is a date of problem & trouble.

GST

Last date for any GST returns is a date of problem...

the taxtalk - April 20, 2019

ICAI goes Digital, won’t accept Cheques/ DDs beyond 6th May.

other topic

ICAI goes Digital, won’t accept Cheques/ DDs beyond 6th May.

the taxtalk - April 19, 2019

No GST on interest-free security deposit received by the lessor which are refundable on completion of lease tenure

GST

No GST on interest-free security deposit received by the lessor which...

the taxtalk - April 19, 2019

New Bill series is needed in GST for new financial year: GST Advisory

Income Tax

New Bill series is needed in GST for new financial year:...

the taxtalk - April 19, 2019

Be careful - :Penal interest attracts GST - AAR Maharashtra

Income Tax

Be careful – :Penal interest attracts GST – AAR Maharashtra

the taxtalk - April 19, 2019

Kudos to ICSI - Restriction on LLP regarding manufacturing & allied activities withdrawn with immediate effect

other topic

Kudos to ICSI – Restriction on LLP regarding manufacturing & allied...

the taxtalk - April 19, 2019

other topic

Due date of CRA2 extend till 31/05/19

the taxtalk - April 19, 2019

Notification for changes in Form 16 and Form 24Q : new ITR forms

Notification

Notification for changes in Form 16 and Form 24Q : with...

the taxtalk - April 19, 2019

Forget actual sale consideration, exemption u/s 54EC is available on the basis of investment as per Stamp Duty Valuation

IT Judgement

Forget actual sale consideration, exemption u/s 54EC is available on the...

the taxtalk - April 19, 2019

The date of allotment can be considered as the date of purchase and for reckoning the assets as long term capital assets.

IT Judgement

The date of allotment can be considered as the date of...

the taxtalk - April 16, 2019

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This is an online news portal for tax news, updates, articles, judgments, Circulars, Notification and orders with regards to Indian Taxation Laws. ‘Simplifying the TAX & creating awareness about tax laws is the main motto of the Team theTAXTALK.

POPULAR POSTS

Landmark Judgement - TDS credit need to be given even if TDS is not deposited by the deductor

Landmark Judgement – TDS credit need to be given even if...

March 12, 2019

Negligence in reporting 40A(3) & 40(a)(ia) violation is Professional Negligence –...

October 19, 2018

Respected Mr. FM, Please don’t extent the Date now

Respected Mr. FM, Please don’t extend the Date now

September 21, 2018