An Excel sheet of “All GST Circulars and Notifications” issued till date(as on 18/08/2018) for taxlayers convenience

GST Returns Formats

Less known Deduction that can save Tax

Capital loss– Carry forward and set-off–Set off of long-term capital loss on sale of unquoted equity shares against long-term capital gain on the sale of property

If salary /remuneration of partner exceeds turnover limit specified u/s 44AB, Audit is compulssory: Kolkata ITAT

Classification of goods-Rakhi-Whether classifiable as handicraft goods

Search and Seizure.

Penalty under section 129-Confiscation of goods-Declaration of delivery challan issued under rule 55 not made in rule 138-Validity

Income from undisclosed sources–Addition under section 69–Unexplained investment.

Classification of goods-Cryo container, also known as Liquid Nitrogen Containers-Rate of tax.

Levy of GST-Goods sold on high seas sale basis-Taxability

Business income or capital gains–Gain arising on sale of shares– Activity of purchase and sale of shares not being main occupation.

If “soil” is placed in trays or pots and when operations are carried out on this “soil”, which is detached from land, for production of mushrooms, could such activity be termed as agricultural activity?

Minimum Alternate Tax and Alternate Minimum Tax.

ITAT Powers of Enhancement of assessment.

CBDT Issues Guidelines For Manual Selection Of Returns For Complete Scrutiny In FY 2018-19

Taxation Of Political Parties

Clubbing Provisions in Income Tax and their Exception