Taxation & Law Gossips

30/07/2017

Companies Act, 2013
The top 7 changes that Lok Sabha has approved.

https://www.bloombergquint.com/law-and-policy/2017/07/29/companies-act-2013-the-top-7-changes-that-lok-sabha-has-approved

India Inc., get ready for new definitions of related parties, subsidiaries, associates and more!

15/07/2017

Income tax department has identified 556,000 people for scrutiny over “huge inconsistencies” in the cash deposits made during the demonetization period, also had identified 60,000 people for the investigation into claims of excessive cash sales.

14/07/2017

Clarification on rates of GST for restaurants

14/07/2017

Income tax officials fear 80 per cent of the outstanding tax demand arrears, quantified over Rs 8.4 lakh crore, is unlikely to be recovered. CBDT plans to focus on optimising disposal of appeals involving high quantum of demand.

14/07/2017

Selling of old jewellery or bullion will attract a 3% GST on the value realised under reverse charge.

But, if the jewellery is sold and new one bought through the proceeds, the 3% tax paid will be deducted from the Goods and Services Tax (GST) payable on buying new jewellery.

However, if an old jewellery is given to the jeweller for some modification, then it would be considered as job works and 5% GST would be levied.

11/07/2017

Accounting entries under GST

http://cagroups4all.blogspot.in/2017/07/accounting-entries-under-gst.html?m=1

Accounting Entries under GST . . Accounting Entries under GST As GST is applicable from 1 st  July 2017, every employee from acco...

11/07/2017

Major relief to small taxpayers from reverse charge

http://cagroups4all.blogspot.in/2017/07/major-relief-to-small-taxpayers-from.html?m=1

Major relief to small taxpayers from reverse charge . The Central Government has issued Exemption Notification No. 8/2017-CT(Rate) dated...

11/07/2017

GST impact on stock available till 30th June

http://cagroups4all.blogspot.in/2017/06/gst-impact-on-stock-available-till-30th.html?m=1

GST impact on stock available till 30th June . . . Goods and Services Tax (GST)  is considered to be the biggest tax reform in inde...

11/07/2017

Invoices required under GST

http://cagroups4all.blogspot.in/2017/06/document-required-under-gst_26.html?m=1

INVOICES Required Under GST . Dear Professional Colleagues, we are providing you the download Link of Various Invoices Which Is required...

10/07/2017

Due dates for uploading GST returns

http://cagroups4all.blogspot.in/2017/06/due-dates-for-uploading-gst-returns.html?m=1

Due Dates for uploading GST Returns (For Regular Dealer) GSTR 1 : 10th of Next Month GSTR 2 : 15th of Next Month GSTR 3. : 20th o...

10/07/2017

Reverse charge under GST

http://cagroups4all.blogspot.in/2017/06/reverse-charge-under-gst.html?m=1

Reverse Charge Under GST . . Reverse Charge has always been a mystery box and with the rise of GST, reverse charge will become a maj...

10/07/2017

Types of GST returns

http://cagroups4all.blogspot.in/2017/06/types-of-gst-returns.html?m=1

Types of GST RETURNS . GST RETURNS FORMAT RELEASED by CBEC . Under GST, Primarily a tax payer is required to file following: . . ...