Tax & Compliance Updates – June 2021
Income Tax Due date for filing TDS Returns extended from 30th of June 2021 to 15th July 2021 Due date for issue of TDS Certificates extended from 15th of July… Read More »Tax & Compliance Updates – June 2021
D.Y. Beathel Enterprises V/s State Tax Officer, Tirunelveli – High Court of Madras
Introduction: The High Court held that ITC availed by the buyer cannot be reversed on the account of seller’s failure to deposit the tax collected unless a separate enquiry or… Read More »D.Y. Beathel Enterprises V/s State Tax Officer, Tirunelveli – High Court of Madras
Specified Financial Transactions (‘SFT’)
Taxation in a country like ours with vast population is challenging due to enormity of transactions. Hence with an intent to regulate the business transactions to create some legal provisions… Read More »Specified Financial Transactions (‘SFT’)
Mushashi Auto Parts Private Limited – AAR No. HAR/HAAR/2019-20/18
Background of the case Applicant is the business of manufacturing and supply of auto parts. Company is mandated under the Factories Act 1948 to provide canteen / food facilities to… Read More »Mushashi Auto Parts Private Limited – AAR No. HAR/HAAR/2019-20/18
Tax & Compliance Updates – May 21
Income Tax department to launch a new e-filing portal on 7th June 2021 • New taxpayer friendly portal to be launched on 7th June 2021• www.incometaxindiaefiling.gov.in will not be available… Read More »Tax & Compliance Updates – May 21
Authorisation Letter for GST – Partnership Firm
To be signed and uploaded with the GST application for registration.
Board Resolution for Authorisation of Director under GST Act.
The board resolution format attached herewith for authorisation of Director / Directors of the company for GST Registration. Has to be printed on letter head of the company.
No Objection Certificate – GST Registration
The attached file can be use for registration under GST if the said property used for the registration is not rented but owned by any of the director / proprietor… Read More »No Objection Certificate – GST Registration
Capital Gains – Introduction
This is the first of the series of articles that we are prepared to post related to Capital Gains. There are five heads of income under the Income Tax Act… Read More »Capital Gains – Introduction
GST on Intermediary Services
There are a number of queries on applicability of GST on intermediary services or commonly known as commission. We attempt to solve a few of them. Meaning of Intermediary :… Read More »GST on Intermediary Services