Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
In an exemption to various taxpayers who have missed the statutory last date, the Supreme Court has mandated the Goods and Services Tax Network (GSTN) to permit a 2-month additional window from September 1, 2022, to October 31, 2022, to claim the transitional credit. GST TRAN-1 form and TRAN forms were drawn to permit the […]
The Calcutta High Court, on Thursday, gave its ruling in the Purulia Metal Casting case, which says that the action taken by the GST department to recover the tax from the electronic cash ledger even before the due time to file the appeal was expired is a certain violation of section 78 of the Central […]
The Karnataka Appellate Authority for Advance Ruling ruled that Goods and Services Tax (GST) is leviable on reimbursement of the stipend to trainees on the grounds of the industry partner. The petitioner, the Teamlease Educational Foundation, an authorized National Employability Enhancement Mission (NEEM) facilitator partners through several trainers and Employers/Companies/Industry (industry partners) for imparting training […]
What is MCA LLP 22 Form? By submitting the webform, Limited Liability Partnerships (LLPs) or Foreign Limited Liability Partnerships (FLLPs) will be able to simplify the e-filing requirements where notice of order passed by the Court, Tribunal, Central Government or any other relevant authority in MCA LLP Form No. 22. should be provided to the […]
A Limited Liability Partnership (LLP): specifies that a business in which at least two partners are needed and there would be no threshold on the max number of partners. The liabilities of the partners are limited within the extent of the capital contribution performed by each partner in LLP. LLP would be another corporate business […]
The clarifications seek the applicability of the demand and the penalty provisions on the transactions invoicing the bogus invoices. The GST officials in their next week’s meeting seem to acknowledge a proposal to draw clarity on the actions with respect to the entities engaged in Input Tax Credit claims that becomes a bigger source of […]
A division bench of the Madhya Pradesh High Court has held that the authority for advance ruling (AAR) under GST cannot be sought after the initiation of assessment proceedings when the department issued a show-cause notice. The Petitioner, Saisanket Enterprise, is a Works Contractor engaged in executing works related to the construction of the irrigation […]
The Rajasthan Bench of Authority of Advance Ruling, secured with Vikas Kumar Jeph and M.S. Kavia held that GST would not be subjected to pay on the goods movement between the two units working beneath the identical GSTIN. The petitioner performs the business of manufacturing Thermocol, PET Bottles, Tableware, Kitchenware & Tiffin, Toilet ware, Plastic […]
The Central Board of Direct Taxes (CBDT) has provided the guidelines asking to address the problems that arise from the application of the latest section 194R of the income tax act for withholding 10% tax (TDS) on the advantages or perquisites from non-salary sources. The latest provision portion of the finance act 2022 would come […]
