Value of supply under GST not include TCS under Income Tax Act. CBIC clarifies and issues corrigendum to its Circular  Corrigendum to Circular No. 76/50/2018-GST F.No. 20/16/04/2018 -GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New …

Andhra Pradesh and Madhya Pradesh get new NCLT benches  The Government has approved establishment of two new benches of National Company Law Tribunal (NCLT), one at Amaravati in Andhra Pradesh and the other at Indore in Madhya Pradesh. This step has been taken keeping in view the increasing …

Shri Subhash Chandra Garg, Secretary DEA designated as the Finance Secretary Shri Subhash Chandra Garg, Secretary Department of Economic Affairs (DEA) has been designated as the Finance Secretary. The Appointments Committee of Cabinet headed by the Prime Minister approved the proposal in this regard. Shri S.C. Garg succeeds …

No obligation to deduct TDS when CIT had not rejected Form No. 15G filed by the assessee on the ground of not being filed in time – ITAT ABCAUS Case Law Citation: ABCAUS 2821 (2019) (03) ITAT The appeal in this case was filed by the assessee against …

When  AO submitted positive remand report accepting the genuineness of transaction, CIT(A) ought not to have sustained the addition – ITAT ABCAUS Case Law Citation: ABCAUS 2820 (2019) (03) ITAT The appeal in this case was filed by the assessee against the order of CIT(A) in confirmation of …

Aadhaar authentication services charges to be Rs 20 for each e-KYC transaction. Govt entities Postal Department and banks exempted from charges THE UNIQUE IDENTIFICATION AUTHORITY OF INDIA Notification No. 1 of 2019 New Delhi, the 6th March, 2019 AADHAAR (PRICING OF AADHAAR AUTHENTICATION SERVICES) REGULATIONS, 2019 No.K-11022/632/2019/Auth-UIDAI (No. …