Major Decisions taken by the GST Council in its 32nd Meeting. Composition Scheme, one Annual Return, Higher Exemption, Free Accounting…
32nd GST Council Meeting - GST threshold exemption limit has been doubled to Rs 40 lakh from Rs 20 lakh. …
Restriction that Auditor can not be an accountant to value FMV u/s 56 as provided in Rule 11UA is well founded…
Customs Post Clearance Audit. Under the new scheme, Transaction based audit (TBA) and Premises based audit (PBA) have been prescribed…
Non-issue of Form 16 by employer-High Court asks Department to penalise defaulters u/s 405 of IPC and publish list of defaulters …
Settlement Commission order not perverse when every objection raised by the Commissioner, Income Tax as regarding non-disclosure by the assessee…
When entire investment/payments for flat purchase was made by the assessee in the name of his daughter, the capital gain…
Comprehensive e-filing for Designs application - Applicants can now file all requisite forms along with fee through e-filing system of Controller…
Gypsum board is covered in amended Entry 56 Schedule IV of RVAT, read as ‘gypsum in all its forms’-Supreme Court…
Merely because some of vouchers did not bear the truck number or driver’s name the transport expenses was not ingenuine…