On May 4, 2018 LUCKNOW TRIBUNAL hold that No addition u/s 40(a) can be made for non deduction of tds in case of charitable trust or institution where income and expenditure is computed in terms of section 11 of the…
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FAQS-E-WAY BILL FAQ’S ON E-WAY BILL SYSTEM Ques: Which types of transactions that need the e-way bill? Ans: For transportation of goods in relation to all types of transactions such as outward supply whether within the State or interstate, inward supply…
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FAQ’S ON E-WAY BILL SYSTEM Ques: Is there any validity period for e-way bill? Ans: Yes. Validity of the e-way bill depends upon the distance the goods have to be transported. In case of regular vehicle or transportation modes, for every…
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27TH GST COUNCIL MEETING HELD ON 4TH MAY, 2018-Outcome.-Key elements of the new return design are as follows. User friendly IT interface and offline IT tool to upload the invoices. Dealers having nil transaction- (Composition and other dealers) shall have…
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COMMISSIONER OF INCOME TAX vs. S. AJIT KUMAR SUPREME COURT OF INDIA May 2, 2018 Any material or evidence found/collected in Survey which had been simultaneously made at premises of connected person could be utilized while making Block Assessment in…
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FAQS-E-WAY BILL FAQ’S ON E-WAY BILL SYSTEM Ques: Who all can generate the e-way bill? Ans: The consignor or consignee, as a registered person or a transporter of the goods can generate the e-way bill. The unregistered transporter can enroll on…
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आयकर विभाग ने धारा 10 एवं 11 में ट्रस्ट या संस्था द्वारा छूट लेने के लिए गाइडलाइंस जारी की है जिसको बड़े ध्यान से समझ लीजिए अन्यथा आप की छूट अस्वीकृत करके आय पर टैक्स लगा दिया जाएगा आयकर का…
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The requirement of explaining the source of the source of receipts came into the statute book by amendment to Section 68 of the Act on 1st April, 2013 i.e. effective from Assessment Year 2013-14 onwards. Therefore, during the subject assessment…
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