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HIGHLIGHTS OF BUDGET 2019

HIGHLIGHTS OF BUDGET 2019

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

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

Real Estate Sector’s expectations from Interim Union Budget, 2019-20-GST Perspective

AOP & BOI: COMPUTATION OF INCOME

AOP & BOI: COMPUTATION OF INCOME

Whether Major announcement can be done in Interim Budget? Let us have a look at the precedent

Whether Major announcement if done in Interim Budget will be constitutionally valid

Whether Major announcement if done in Interim Budget will be constitutionally valid

गोयल अब से थोड़ी देर में 2019-20 के लिए अंतरिम बजट 2019 पेश करेंगे !

गोयल अब से थोड़ी देर में 2019-20 के लिए अंतरिम बजट 2019 पेश करेंगे !

CHARTERED ACCOUNTANT is going to present budget

A CHARTERED ACCOUNTANT is going to present budget of our country 2019

Why Interim Budget?

Why Interim Budget?

whether RCM is really applicable on supplies received from unregistered dealer?

whether RCM is really applicable on supplies received from unregistered dealer?

जयपुर एयरपोर्ट पर आयकर विभाग ने दो क्विंटल सोना और 4000 किलो चांदी पकड़ी.

जयपुर एयरपोर्ट पर आयकर विभाग ने दो क्विंटल सोना और 4000 किलो चांदी पकड़ी.

CBDT Circular clarifying "No TDS for Bank Guarantee Commission" has Retrospective Effect: ITAT

CBDT Circular clarifying “No TDS for Bank Guarantee Commission” has Retrospective Effect: ITAT

TRANSACTIONS NOT REGARDED AS TRANSFER FOR CAPITAL GAINS

TRANSACTIONS NOT REGARDED AS TRANSFER FOR CAPITAL GAINS

TAXABILITY OF ALLOWANCES- OVERVIEW

TAXABILITY OF ALLOWANCES- OVERVIEW

E verification scheme by CBDT

E verification scheme by CBDT

Agricultural tray would be taxable @18% -AAR Tamil Nadu

Agricultural tray would be taxable @18% -AAR Tamil Nadu

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

ITAT couldn't decide an appeal merely making observation that facts didn't require any further deliberation

ITAT couldn’t decide an appeal merely making observation that facts didn’t require any further deliberation