No TDS deduction on GST Component when indicated separately in the invoice as per agreement/contract between payer and payee-CBDT CIRCULAR No. 23/2017 F. No. 275/59/2012-IT (B) Government of  India Ministry  of  Finance Depanrnem of Revenue Central Board of Direcr Taxes North Block, New DelhI 19th July, 2017 Subject: …

Formula for computing Tax Effect where income computed u/s 115JB or 115JC . CBDT has modified the circular no. 21/2015 related to computation of tax effect for appeal purpose. F.No.279/Misc-142/2007-ITJ-(Pt)  Government  of India Ministry  of Finance Department of Revenue Central Board of Direct Taxes ***** New Delhi, the …

GST Sectoral FAQ on Textiles. CBEC has compiled and released a FAQ Booklet under GST sectoral Series. The booklet conmprises of  20 FAQs on GST related to Textile Sector GST Sectoral FAQ on Textiles Sector Question 1: As per Chapter 53 heading 5303 of the GST rate schedule, raw jute has …

GST Sectoral FAQ on Exports. CBEC has compiled and released a FAQ Booklet under GST sectoral Series. The booklet conmprises of  33 FAQs on GST related to Export sector GST Sectoral FAQ on Exports FAQ-EXPORTS Question 1: How are exports treated under the GST Law?Answer: Under the GST Law, …

CBEC has compiled and released a FAQ under GST sectoral Series. The booklet conmprises of  57 FAQs on GST in MSME Sector GST MSME Sectoral FAQ  Question 1: What is GST? Answer: GST stands for Goods and Services Tax, which is levied on supply of goods or services. “Supply” …

Banks to disclose to Stock Exchamges NPA/Provisioning difference with as assessed by RBI if exceeds 15% of published net profits after tax/incremental Gross NPAs Securities and Exchange Board of India CIRCULAR CIR/CFD/CMD/80/2017 July 18, 2017 To All banks which have listed specified securities All recognized stock exchanges Dear …