GST Notifications for change in CGST rates and exemption to certain services as per recommendation of GST Council 25th meeting held on 18.01.2018. Notification No. & Date of Issue Notification Subject 01/2018-Central Tax ,dt. 01-01-2018 Click Here >> Central Tax seeks to further amend notification No. 8/2017 – …
Business expediency not a question of law, much less a substantial question of law-High Court. If expected fruits are not reaped from a business proposition, it is no basis to challenge the business expediency. ABCAUS Case Law Citation: ABCAUS 2182 (2018) (01) HC The Challenge/Grievance: The instant appeal …
The Ministry of Finance has issued a brochure titled as “KNOW YOUR BUDGET” on Budget Glossary containing certain frequently used economic and financial terms in the General Budget as under: BUDGET GLOSSARY Union Budget Union Budget is the most comprehensive report of the Government’s nances in which revenues from …
MCA initiatives for making the Incorporation Process Speedy On the occasion of the 69th Republic Day, the Ministry of Corporate Affairs (MCA) has launched the following Government Process Re-engineering (GPR) initiatives for making the Incorporation Process Speedy, Smooth, Simple and reducing the number of procedures involved for starting a …
Zero fee for incorporation of all companies with authorized capital upto Rs.10 lakh The Finance Ministry has notified the Companies (Registration offices and Fees) Amendment Rules, 2018 inter alia providing for zero fee for incorporation of all companies with authorized capital upto Rs.10 lakh. The Notifications is the …
Standard Procedure for applying provisions of unexplained cash credits u/s 68 of Income tax Act,1961 Central Board of Direct Taxes (CBDT) has issued a detailed instruction specifying SOP for dealing with unexplained cash credits u/s 68. As per the said Instruction, the following sequence of steps have been prescribed …