Author: administrator
Gratuity limit increased to Rs 20 Lakhs for private sector employee. Payment of Gratuity Amendment Act 2018 brought in force on 29th March, 2018 The Payment of Gratuity (Amendment) Bill, 2018 has been passed by Lok Sabha on 15th March, 2018 and by the Rajya Sabha on 22nd March, 2018, …
Tests must be applied to determine if an institution exists solely for educational purposes and not for profit. High Court remands the approval u/s 10(23C) for application of tests as laid down by the Supreme Court ABCAUS Case Law Citation:ABCAUS 2267 (2018) (03) HC Important Case Laws Cited/relied …
Payment by IOCL to transporters was liable to TDS u/s 194C as works contract and not u/s 194I as hiring as per explanation to section 194I-High Court ABCAUS Case Law Citation: ABCAUS 2266 (2018) (03) HC The Substantial questions of law involved was with respect to the provision, …
ICAI has issued Revised Standard on Auditing SA-299 on Joint Audit of Financial Statements The practice of appointing more than one auditor to conduct the audit of large entities has been in vogue for a longtime which is sometimes voluntarily or sometimes due to the requirements of laws or …
CBEC decides to extend the “Refund Fortnight” and keep open all the Customs field formations on 29th , 30th and 31st March, 2018. In order to facilitate the sanction of refunds, the Central Board of Excise and Customs (CBEC) has decided to extend the “Refund Fortnight” and keep …
Extension of due date for filing of refund application by notified agencies u/s 55 of CGST Act, 2017 as facility was recently made available on GST portal Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 20/2018 – Central Tax …
Extension of time limit for filing Form GSTR-6 return by Input Service Distributor for the months of July 2017 to April, 2018 till 31st day of May, 2018 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 19/2018 – Central …
Extension of due dates for filing FORM GSTR-1 for taxpayers with aggregate turnover of more than Rs.1.5 crores Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs Notification No.18 /2018 – Central Tax New Delhi, the 28th March, 2018 G.S.R……(E). – In …
Due date for furnishing quarterly FORM GSTR-1 by taxpayers with turnover upto Rs.1.5 crore is 31st July 2018 for the period April-June 2018 Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs Notification No. 17/2018 – Central Tax New Delhi, the 28th …
Extension of date for filing Form GST TRAN-2 statement to 30th June Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, the 28th March, 2018 Order No. 1 /2018 – Central Tax Subject: Extension of date for submitting the statement …