Assessment made without notice u/s 143(2) where ITR-V not received within 30 days can not be sustained. The extended period of 120 days for sending ITR-V validated the returns originally filed-High Court Prelude: Under the Income Tax Act, 1961 (the Act) section 139D empowers the CBDT to make rules …

GST Concept & Status as on 01-01-2018 and Power Point Presentation by CBEC The introduction of Goods and Services Tax on 1 st of July 2017 was a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and …

No need to upload scanned PAN Card copy at the time of PF registration of establishment as details can be verified directly from Income Tax Department Currently at the time of P.F. registration of an establishment with EPFO, the employer is required to upload digitally signed copy of …

Requirement for completion of Advanced ICITSS course and the Advanced IT Test for eligibility to appear in CA Final exam under Old/New Syllabus Note: ICAI Advanced ICITSS-Advanced IT Test scheduled on 19.08.2018 in Kerala has been cancelled due to floods Read More >> ICAI Announcement January 9, 2018 Clarifications …

Taxpayers guide on claiming Input Tax Credit and ITC-01-Six FAQs 1. What is GST ITC-01? Registered person who is entitled to claim credit of input tax under section 18 (1) is required to file a declaration in Form ‘GST ITC-01’. The credit may be availed for inputs held …

GST on College Hostel Mess canteen Fees-Clarifications. Supply of food or drinks taxable at 5% without ITC whether canteen is outsourced or not CBEC has clarified the queries seeking clarification regarding the taxability and rate of GST on services by a college hostel mess. According to the  Circular …