http://wap.business-standard.com/article-amp/economy-policy/gst-council-meet-states-raise-gstn-issues-difficulty-in-filing-returns-117090900237_1.html?utm_source=dlvr.it&utm_medium=twitter
Hope some Sanity prevails within Finance Ministry
Hope some Sanity prevails within Finance Ministry
Business-Standard
GST Council meet: States raise GSTN issues, difficulty in filing returns
Suggest setting up of GoM to identify and help address the issues within 2-3 months
Forwarded from CA Atul Modani
https://atul.caclub.in/due-date-for-filing-gstr-123-tran-1-extended-authentic-news/
*Due date for filing GSTR 1,2,3 & TRAN 1 EXTENDED- Authentic News with official press release*
*Due date for filing GSTR 1,2,3 & TRAN 1 EXTENDED- Authentic News with official press release*
Tax Updates by CA Atul Modani
Due date for filing GSTR 1,2,3 & TRAN 1 EXTENDED- Authentic News
Due date for filing GSTR 1,2,3 & TRAN 1 EXTENDED- Authentic News
GST Council in today's 21st meeting held at Hyderabad decided to extend the due date of filing GSTR 1 , 2 and 3 for the month of July 2017 as under. This was done keeping in mind various difficulties…
GST Council in today's 21st meeting held at Hyderabad decided to extend the due date of filing GSTR 1 , 2 and 3 for the month of July 2017 as under. This was done keeping in mind various difficulties…
IT : Statement declaring undisclosed income by assessee being recorded after date of search, could be of no evidentiary value in terms of section 132(4)
IT : Undisclosed income for block period has to be computed on basis of material found in course of search and declaration made by assessee under VDIS being not material discovered during course of search, same cannot form basis of assessment
[2017] 84 taxmann.com 275 (Bombay)
HIGH COURT OF BOMBAY
Commissioner of Income-tax-II, Nagpur
v.
Shankarlal Bhagwatiprasad Jalan
IT : Undisclosed income for block period has to be computed on basis of material found in course of search and declaration made by assessee under VDIS being not material discovered during course of search, same cannot form basis of assessment
[2017] 84 taxmann.com 275 (Bombay)
HIGH COURT OF BOMBAY
Commissioner of Income-tax-II, Nagpur
v.
Shankarlal Bhagwatiprasad Jalan
Cotton Seed Oil Cake (Kapas Khalli) – GST rate is NIL irrespective of end use – Tax Updates by CA Atul Modani
https://atul.caclub.in/cotton-seed-oil-cake-kapas-khalli-gst-rate-is-nil-irrespective-of-end-use/
https://atul.caclub.in/cotton-seed-oil-cake-kapas-khalli-gst-rate-is-nil-irrespective-of-end-use/
Tax Updates by CA Atul Modani
Cotton Seed Oil Cake (Kapas Khalli) – GST rate is NIL irrespective of end use
Cotton Seed Oil Cake (Kapas Khalli) - GST rate is NIL irrespective of end use
GST Council in its 21 st meeting held on 9TH SEPTEMBER, 2017 have reduced the rate of GST on Cotton Seed Oil Cake (Kapas Khalli) to NIL irrespective of end use. Council have also…
GST Council in its 21 st meeting held on 9TH SEPTEMBER, 2017 have reduced the rate of GST on Cotton Seed Oil Cake (Kapas Khalli) to NIL irrespective of end use. Council have also…
GST network GSTN collapses, chaos all over in filing returns
https://www.pgurus.com/gst-network-gstn-collapses-chaos-all-over-in-filing-returns/?amp_markup=1
https://www.pgurus.com/gst-network-gstn-collapses-chaos-all-over-in-filing-returns/?amp_markup=1
PGurus
GST network GSTN collapses, chaos all over in filing returns - PGurus
GSTN is failing to perform even basic functions as GST implementation runs into rough weather
CBI arrests four Income Tax officers in graft case - The Hindu
http://www.thehindu.com/news/national/cbi-arrests-four-income-tax-officers-in-graft-case/article19645004.ece
http://www.thehindu.com/news/national/cbi-arrests-four-income-tax-officers-in-graft-case/article19645004.ece
The Hindu
CBI arrests four Income Tax officers in graft case
The CBI has arrested four income-tax officials in connection with a corruption case allegedly involving a principal commissioner in Ranchi. Those arrested are Ranjit Kumar Lal and Sunil Kumar Gupta of
Addition for peak balance of bogus purchases not sustainable if AO not disputed genuineness of sales, Stock Register
https://taxguru.in/income-tax/addition-for-peak-balance-of-bogus-purchases-not-sustainable-if-ao-not-disputed-genuineness-of-sales-stock-register.html
https://taxguru.in/income-tax/addition-for-peak-balance-of-bogus-purchases-not-sustainable-if-ao-not-disputed-genuineness-of-sales-stock-register.html
TaxGuru
Addition for peak balance of bogus purchases not sustainable if AO not disputed genuineness of sales, Stock Register
Bogus Purchases If the AO has not disputed the genuineness of sales and the quantitative details and the day to day stock register maintain
https://goo.gl/wVgGXT
*In line with the recommendations of the 21st Meeting of the GST Council (dt. 9 Sept. 2017), the CBEC has issued Notifications for extension of due dates for Filing of GST Returns in Form GSTR-1, GSTR-2, GSTR-3 and GSTR-6 for the month of July 2017*
*In line with the recommendations of the 21st Meeting of the GST Council (dt. 9 Sept. 2017), the CBEC has issued Notifications for extension of due dates for Filing of GST Returns in Form GSTR-1, GSTR-2, GSTR-3 and GSTR-6 for the month of July 2017*
CA Club
Due Dates Extension for GSTR-1, GSTR-2, GSTR-3, GSTR-6 (GST Returns July 2017): CBEC Notifications
In line with the recommendations of the 21st Meeting of the GST Council (dt. 9 Sept. 2017), the CBEC has issued Notifications for extension of due dates for Filing of GST Returns in Form GSTR-1, GSTR-2, GSTR-3 and GSTR-6 for the month of July 2017.
GST opens a Pandora’s box for exporters - http://www.livemint.com/Money/KrifMLRnYcj7RRm8M03YnN/GST-opens-a-Pandoras-box-for-exporters.html
Despite the new tax regime being in place for over two months now, there is limited clarity on the refund mechanism. This is making the situation worse.
Despite the new tax regime being in place for over two months now, there is limited clarity on the refund mechanism. This is making the situation worse.
http://www.livemint.com/
GST opens a Pandora’s box for exporters
The strong rupee and an ambiguous goods and services tax (GST) is giving sleepless nights to exporters
Dear Friends,
In case of newly registered GST dealers, many complaints were received that these *dealers were not receiving mail containing First Time login and Password*.
So, these dealers were not able to make payment or file GSTR-3B or GSTR-1.
GSTN has resolved this issue by providing a link to "Resend this Welcome mail".
The steps to use this link are -
1. Go to Services - Registration - New Registration - Login with TRN.
2. This will prompt a message "Please click here to resend the Email and SMS".
3. On Click of link, email with GSTIN and password will be retriggered on the Registered email id.
✅
In case of newly registered GST dealers, many complaints were received that these *dealers were not receiving mail containing First Time login and Password*.
So, these dealers were not able to make payment or file GSTR-3B or GSTR-1.
GSTN has resolved this issue by providing a link to "Resend this Welcome mail".
The steps to use this link are -
1. Go to Services - Registration - New Registration - Login with TRN.
2. This will prompt a message "Please click here to resend the Email and SMS".
3. On Click of link, email with GSTIN and password will be retriggered on the Registered email id.
✅
https://atul.caclub.in/icai-issues-revised-faqs-and-mcqs-multiple-choice-question-on-gst/
DOWNLOAD revised FAQs and MCQs ( Multiple Choice Question) on GST by ICAI
DOWNLOAD revised FAQs and MCQs ( Multiple Choice Question) on GST by ICAI
Tax Updates by CA Atul Modani
DOWNLOAD revised FAQs and MCQs ( Multiple Choice Question) on GST by ICAI
ICAI issues revised FAQs and MCQs ( Multiple Choice Question) on GST<br/>ICAI has always been supporting the Government with its intellectual resources, expertise and efforts to make the GST transition a great success and disseminating its role of being a…
https://goo.gl/gATTsh
*CBEC has released a booklet to explain the provisions under GST which are applicable to Goods Transport Agency (GTA), particularly about definition of GTA, applicable rate of GST, eligibility for ITC, persons liable for payment of tax, levy of GST on GTA Services, liability under reverse charge, exempt GTA services, etc.*
*CBEC has released a booklet to explain the provisions under GST which are applicable to Goods Transport Agency (GTA), particularly about definition of GTA, applicable rate of GST, eligibility for ITC, persons liable for payment of tax, levy of GST on GTA Services, liability under reverse charge, exempt GTA services, etc.*
CA Club
CBEC Explains About Applicability of GST on GTA
The CBEC has released a booklet to explain the provisions under GST which are applicable to Goods Transport Agency (GTA), particularly about definition of GTA, applicable rate of GST, eligibility for ITC, persons liable for payment of tax, levy of GST on…
https://goo.gl/DVs6PP
*CBEC has released a booklet to explain the provisions under GST which are applicable to 'Non Resident Taxable Person', particularly about meaning/ definition of 'Non Resident Taxable Person', registration requirements in India, liability for estimation and advance deposit of tax, input tax credit, filing of return in GSTR-5, Refunds, etc.*
*CBEC has released a booklet to explain the provisions under GST which are applicable to 'Non Resident Taxable Person', particularly about meaning/ definition of 'Non Resident Taxable Person', registration requirements in India, liability for estimation and advance deposit of tax, input tax credit, filing of return in GSTR-5, Refunds, etc.*
CA Club
CBEC Explains About ‘Non Resident Taxable Person’ and GST Provisions
CBEC has released a booklet to explain the provisions under GST which are applicable to 'Non Resident Taxable Person', particularly about meaning/ definition of 'Non Resident Taxable Person', registration requirements in India, liability for estimation and…
https://atul.caclub.in/checklist-to-avoid-json-error-while-using-offline-tool/
Ensure you satisfy all conditions so that you will not get json related error
Ensure you satisfy all conditions so that you will not get json related error
Tax Updates by CA Atul Modani
Checklist to avoid JSON error while using offline tool
Checklist to avoid JSON error while using offline tool
GSTN today have came out with checklist to avoid JSON error while using offline tool, the details of same are as underAlso Refer:
Important Issues to keep in mind while filing GSTR- 1. Troubleshooting…
GSTN today have came out with checklist to avoid JSON error while using offline tool, the details of same are as underAlso Refer:
Important Issues to keep in mind while filing GSTR- 1. Troubleshooting…
https://goo.gl/sT2SPB
*The CBDT has clarified that tax (TDS) on Interest Accrued on Deposits made under Capital Gains Account Scheme 1988 after the death of the Depositor is required to be deducted and reported against PAN of the legal heir, unless a declaration is filed under IT Rule 37BA(2) to that effect.*
*The CBDT has clarified that tax (TDS) on Interest Accrued on Deposits made under Capital Gains Account Scheme 1988 after the death of the Depositor is required to be deducted and reported against PAN of the legal heir, unless a declaration is filed under IT Rule 37BA(2) to that effect.*
CA Club
TDS on Interest on Capital Gains Scheme Deposits (Death of Depositor): CBDT Clarification
The CBDT has clarified that tax (TDS) on Interest Accrued on Deposits made under Capital Gains Account Scheme 1988 after the death of the Depositor is required to be deducted and reported against PAN of the legal heir, unless a declaration is filed under…
http://m.hindustantimes.com/mumbai-news/maharashtra-to-go-cashless-you-will-now-have-to-pay-all-fees-fines-and-taxes-digitally/story-Hp9izhoFVn6yAxKDz6kdfP_amp.html
Maharashtra to go completely cashless, you will now have to pay all bills, fines, taxes digitally
Maharashtra to go completely cashless, you will now have to pay all bills, fines, taxes digitally
http://www.hindustantimes.com/
Maharashtra to go completely cashless, you will now have to pay all bills, fines, taxes digitally
The state wants to follow the Centre’s footsteps and hence, has started all efforts to make its transactions cashless.