Govt. proposes amendment to IT Act to curb Socail Media fake news Draft IT rules issued for public consultation The Information Technology Act (IT Act), 2000 was enacted with a view to give a fillip to electronic transactions, to provide legal recognition for e-commerce and e-transactions, to facilitate …
Latest initiatives being undertaken by ICAI towards reforms in the CA Course and Examination System The Institute of Chartered Accountants of India (ICAI) has always stood by the students and strived to address their concerns from time to time. Considering the dynamic global scenario, ICAI has taken proactive …
Penalty U/s 271(1)(c)-Unspecified charge in notice can be made good with a clear-cut finding in penalty order – ITAT explains Law on non-striking off clauses in Notice u/s 274 ABCAUS Case Law Citation:ABCAUS 2678 (2018) (12) ITAT Important Case Laws Cited/relied upon:CIT vs. SSA’S Emerald Meadows (2016) 242 …
Decisions taken by the GST Council in the 31st meeting held regarding GST rate on services GST Council in the 31st meeting held on 22nd December, 2018 at New Delhi took following decisions relating to changes in GST rates, ITC eligibility criteria, exemptions and clarifications on connected issues.The decisions of …
Formation of GoM as Recommended by the GST Council in its 31st Meeting held on 22.12.2018. The GST Council in its 31st meeting held today at New Delhi has approved the proposal to form a 7 Member Group of Ministers to study the revenue trend, including analysing the reasons …
GST Council has certain important issues to various Committees / GoM The GST Council in its 31st meeting held today at New Delhi decided to refer the following issues to Committees / GoM indicated against them: (i) Extending the Composition scheme to small service providers. The rate of tax …
