CBDT notifies Centralised Verification Scheme, 2019 u/s 133C for centralised issuance of notice and for processing of information. Rule 12D also substituted Under section 133C of Income Tax Act, 1961 (the Act), the prescribed income-tax authority as prescribed under Rule 12D may, for verification of information in its …

Depreciation to be computed only on sum insured in the absence of fraud, coercion or misrepresentation. Parties in insurance contract bound by sum insured – SC In an important judgment, the Hon’ble Apex Court has held that Depreciation to be computed only on sum insured in the absence of …

Notification for RCM on supplies by unregistered persons rescinded with effect from 1st day of February, 2019. In view of the fact that specified persons under section 9(4) of CGST Act 2017 (as amended by 2018 Act) have not specified yet, the RCM provisions are not applicable from …

Alignment of the rates for Composition Scheme with CGST Rules- Notification Government of India Ministry of Finance (Department of Revenue) Notification No. 05/2019 – Central Tax New Delhi, the 29th January, 2019 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 10 of the Central …

Jurisdiction of Joint Commissioner (Appeals) under GST Government of India Ministry of Finance (Department of Revenue) Notification No. 04/2019 – Central Tax New Delhi, the 29th January, 2019 G.S.R (E).- In exercise of the powers under section 3 read with section 5 of the Central Goods and Services Tax …

Central Goods and Services Tax (Amendment) Rules, 2019   Government of IndiaMinistry of Finance(Department of Revenue) Notification No. 03/2019 – Central Tax New Delhi, the 29th January, 2019 G.S.R……(E). – In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 …