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What Rate is applicable if services are provided to MSSDS under sub-contracting?

Is IGST paid under RCM eligible to ITC?

Before you cancel your GST Registration- Know the repercussion”

financial year

Why not change financial year 2019-20 from 12 months to 21 Months: A new approach for the new emerging India

income tax 11

Date extension from 31st March 2020 to 30th June 2020 – What it means? What is missing? What could have been done? – CA Naresh Jakhotia

extension

Date extension relief granted by the Finance Minister in view of Recent Covid 2019 : Know about it

industry

Request to FM for the announcement of the stimulus package for the economy

148

Interesting Judgment : Statement recorded during survey u/s 133A are not conclusive piece of evidence by itself for reassessment u/s 148

A form of treatment called “Phytotherapy” to cure osteoarthritis and disorders of similar nature, seeks a ruling on whether the above service is exempted under serial no 74 of the Notification No 12/2017 Central Tax (Rate) dated 28/06/2017 (State Notification No. 1136-FT dated 28/06/2017), as amended (hereinafter collectively called “Exemption Notification”).

Whether Deputy Commissioner can attach the bank account of another taxable person just because summon is issued to him?

“Whether the Hotel Accommodation & Restaurant services provided, within the premises of the Hotel, to the employees & guests of SEZ units, be treated as supply of goods & services to SEZ units in Karnataka or not ?”

Advance Ruling under GST

finance ministry

Bank Audit Special : Bank relaxed from urgent Audit requirements – Finance Ministry withdrawn earlier stipulations

bank audit

Get Ready !! Bank Audit Allotment Status !!

Depreciation

Interesting Case : Allowability of Depreciation if Assessee’s business was not going on because of illegal strike by workers

Penalty

Validity of Penalty under section 271(1)(c) towards Concealment or furnishing of inaccurate particulars of dditional income declared in revised return filed after service of section 143(2) notice

Tax Compliance

Finally, All Dates of Tax compliance of 31st March 2020 Extended !!

NEW RULE 86A –Blocking on ITC

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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.

Recent Posts

  • Section 54F Relief Available Even for Extension of an Existing House? Bangalore ITAT Says Yes
  • Can Section 263 Be Invoked When There Is No Tax Loss to the Revenue? ITAT Kolkata Reiterates the Twin Conditions of Revision
  • Legal Heir Is Not Always the Legal Representative: ITAT Agra Quashes Assessment Passed Without Proper Compliance Under Section 159
  • Section 56(2)(x): Can Stamp Duty Value on Registration Date Trigger Tax Even When the Property Deal Was Finalised Years Earlier? ITAT Ahmedabad Says No
  • Sold Multiple Houses in the Same Year? ITAT Bangalore Rules Section 54 Exemption Is Available for Each House Separately

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