Daily Archives: September 8, 2017

GST Registration cancellation requirement

By | September 8, 2017

  If I was registered earlier but am not required to register under GST, what to do about provisional ID and accumulated ITC? Please apply for cancellation of registration under Section 29(1) of the CGST Act, 2017 read with Rule 24(4) of CGST Rules, 2017. You will be required to calculate and pay ITC availed… Read More »

Category: GST

File GSTR 1, 2 and 3 ! Attention taxpayers ! Don’t wait for the last date

By | September 8, 2017

Attention taxpayers! Don’t wait for the last date, file GSTR-1, 2 and 3 within the prescribed period VISIT www.gst.gov.in Kindly note that, the following are important points to be remembered in regards to filing of Form GSTR-1 I. Timelines The regular Returns filing (GSTR-1, GSTR-2, and GSTR-3) deadline relaxed for July/August 2017. The Time period… Read More »

21000 people disclose Rs 4900 cr black money under PMGKY

By | September 8, 2017

21k people disclose Rs 4,900 cr black money under PMGKY Black money worth Rs 4,900 crore was disclosed by 21,000 people under the Pradhan Mantri Garib Kalyan Yojna (PMGKY), the stash money declaration window announced by the government post demonetisation, an official said today. The Income Tax Department, a top government official told PTI, has… Read More »

Companies Act With Rules 8th Edition September 2017 Taxmann Book

By | September 8, 2017

Companies Act With Rules 8th Edition September 2017 Taxmann Book Incorporating Annotated Text of Companies Act 2013 & Rules framed thereunder Rules Framed under Companies Act 2013 Circulars & Notifications issued under Companies Act 2013  New SS-1 and SS-2 effective from 1-10-2017 Annotation under each section shows Relevant rules framed under the relevant section Reference… Read More »

Section 60 Jharkhand GST Act 2017 : Provisional assessment.

By | September 8, 2017

Section 60 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017. ( Section 60 Jharkhand GST Act 2017 explains Provisional assessment.  and is covered in CHAPTER XII ASSESSMENT ) Provisional assessment. 60. (1) Subject to the provisions of sub-section (2), where the taxable person is unable to determine the value of goods or services or both or determine the rate… Read More »

Section 59 Jharkhand GST Act 2017 : Self-assessment

By | September 8, 2017

Section 59 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017. ( Section 59 Jharkhand GST Act 2017 explains Self-assessment  and is covered in CHAPTER XII ASSESSMENT ) Self-assessment. 59. Every registered person shall self-assess the taxes payable under this Act and furnish a return for each tax period as specified under section 39.    Jharkhand GST Act 2017 Jharkhand… Read More »

Section 58 Jharkhand GST Act 2017 : Utilisation of Fund.

By | September 8, 2017

Section 58 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017. ( Section 58 Jharkhand GST Act 2017 explains Utilisation of Fund  and is covered in CHAPTER XI REFUNDS ) Utilisation of Fund. 58. (1) All sums credited to the Fund shall be utilised by the Government for the welfare of the consumers in such manner as may be prescribed.… Read More »

Section 57 Jharkhand GST Act 2017 : Consumer Welfare Fund.

By | September 8, 2017

Section 57 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017. ( Section 57 Jharkhand GST Act 2017 explains Consumer Welfare Fund  and is covered in CHAPTER XI REFUNDS ) Consumer Welfare Fund. 57. The Government shall constitute a Fund, to be called the Consumer Welfare Fund and there shall be credited to the Fund,–– (a) the amount referred to… Read More »

Section 56 Jharkhand GST Act 2017 : Interest on delayed refunds.

By | September 8, 2017

Section 56 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017. ( Section 56 Jharkhand GST Act 2017 explains Interest on delayed refunds  and is covered in CHAPTER XI REFUNDS ) Interest on delayed refunds. 56. If any tax ordered to be refunded under sub-section (5) of section 54 to any applicant is not refunded within sixty days from the… Read More »

Section 55 Jharkhand GST Act 2017 : Refund in certain cases.

By | September 8, 2017

Section 55 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017. ( Section 55 Jharkhand GST Act 2017 explains Refund in certain cases  and is covered in CHAPTER XI REFUNDS ) Refund in certain cases. 55. The Government may, on the recommendations of the Council, by notification, specify any specialized agency of the United Nations Organization or any Multilateral Financial… Read More »

Section 53 Jharkhand GST Act 2017 : Transfer of input tax credit.

By | September 8, 2017

Section 53 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017. ( Section 53 Jharkhand GST Act 2017 explains  Transfer of input tax credit  and is covered in CHAPTER X PAYMENT OF TAX )   Transfer of input tax credit. 53. On utilisation of input tax credit availed under this Act for payment of tax dues under the Integrated Goods and… Read More »

Section 52 Jharkhand GST Act 2017 : Collection of tax at source.

By | September 8, 2017

Section 52 Jharkhand GST Act 2017 ( Section 52 Jharkhand GST Act 2017 explains Collection of tax at source and is covered in CHAPTER X PAYMENT OF TAX ) Collection of tax at source. 52. (1) Notwithstanding anything to the contrary contained in this Act, every electronic commerce operator (hereafter in this section referred to as the “operator”), not… Read More »

Section 51 Jharkhand GST Act 2017 : Tax deduction at source.

By | September 8, 2017

Section 51 Jharkhand GST Act 2017 ( Section 51 Jharkhand GST Act 2017 explains Tax deduction at source  and is covered in CHAPTER X PAYMENT OF TAX ) Tax deduction at source. 51. (1) Notwithstanding anything to the contrary contained in this Act, the Government may mandate,- (a) a department or establishment of the Central Government or State Government;… Read More »

Section 50 Jharkhand GST Act 2017 : Interest on delayed payment of tax.

By | September 8, 2017

Section 50 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017 ( Section 50 Jharkhand GST Act 2017 explains Interest on delayed payment of tax.  and is covered in CHAPTER X PAYMENT OF TAX ) Interest on delayed payment of tax. 50. (1) Every person who is liable to pay tax in accordance with the provisions of this Act or… Read More »

Section 49 Jharkhand GST Act 2017 : Payment of tax, interest, penalty and other amounts.

By | September 8, 2017

Section 49 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017 ( Section 49 Jharkhand GST Act 2017 explains Payment of tax, interest, penalty and other amounts.  and is covered in CHAPTER X PAYMENT OF TAX ) Payment of tax, interest, penalty and other amounts. 49. (1) Every deposit made towards tax, interest, penalty, fee or any other amount by… Read More »

Section 48 Jharkhand GST Act 2017 : Goods and services tax practitioners.

By | September 8, 2017

Section 48 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017 ( Section 48 Jharkhand GST Act 2017 explains Goods and services tax practitioners  and is covered in CHAPTER IX RETURNS ) Goods and services tax practitioners. 48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal and other… Read More »

Section 47 Jharkhand GST Act 2017 : Levy of late fee.

By | September 8, 2017

Section 47 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017 ( Section 47 Jharkhand GST Act 2017 explains Levy of late fee  and is covered in CHAPTER IX RETURNS )  Levy of late fee. 47. (1) Any registered person who fails to furnish the details of outward or inward supplies required under section 37 or section 38 or returns… Read More »

Category: GST

Section 46 Jharkhand GST Act 2017 : Notice to return defaulters.

By | September 8, 2017

Section 46 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017 ( Section 46 Jharkhand GST Act 2017 explains Notice to return defaulters  and is covered in CHAPTER IX RETURNS ) Notice to return defaulters. 46. Where a registered person fails to furnish a return under section 39 or section 44 or section 45, a notice shall be issued requiring… Read More »

Section 45 Jharkhand GST Act 2017 : Final return.

By | September 8, 2017

Section 45 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017 ( Section 45 Jharkhand GST Act 2017 explains Final return  and is covered in CHAPTER IX RETURNS ) Final return. 45. Every registered person who is required to furnish a return under sub-section (1) of section 39 and whose registration has been cancelled shall furnish a final return within… Read More »

Section 44 Jharkhand GST Act 2017 : Annual return.

By | September 8, 2017

Section 44 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017 ( Section 44 Jharkhand GST Act 2017 explains  Annual return  and is covered in CHAPTER IX RETURNS )  Annual return. 44. (1) Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable… Read More »

Section 43 Jharkhand GST Act 2017 : Matching, reversal and reclaim of reduction in output tax liability.

By | September 8, 2017

Section 43 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017 ( Section 43 Jharkhand GST Act 2017 explains Matching, reversal and reclaim of reduction in output tax liability. and is covered in CHAPTER IX RETURNS ) Matching, reversal and reclaim of reduction in output tax liability. 43. (1) The details of every credit note relating to outward supply furnished… Read More »

Section 42 Jharkhand GST Act 2017 : Matching, reversal and reclaim of input tax credit.

By | September 8, 2017

Section 42 Jharkhand GST Act 2017 Enforced with effect from 1-7-2017 [except proviso to sub-section(9)]. ( Section 42 Jharkhand GST Act 2017 explains Matching, reversal and reclaim of input tax credit and is covered in CHAPTER IX RETURNS ) Matching, reversal and reclaim of input tax credit. 42. (1) The details of every inward supply furnished by a registered person (hereafter… Read More »

Section 41 Jharkhand GST Act 2017 : Claim of input tax credit and provisional acceptance thereof.

By | September 8, 2017

Section 41 Jharkhand GST Act 2017 [ Enforced with effect from 1-7-2017 ] ( Section 41 Jharkhand GST Act 2017 explains Claim of input tax credit and provisional acceptance thereof. and is covered in CHAPTER IX RETURNS ) Claim of input tax credit and provisional acceptance thereof. 41. (1) Every registered person shall, subject to such conditions and restrictions as… Read More »

Section 40 Jharkhand GST Act 2017 : First Return.

By | September 8, 2017

Section 40 Jharkhand GST Act 2017 [ Enforced with effect from 1-7-2017 ] ( Section 40 Jharkhand GST Act 2017 explains First Return and is covered in CHAPTER IX RETURNS ) First Return. 40. Every registered person who has made outward supplies in the period between the date on which he became liable to registration till the date on which… Read More »

Section 39 Jharkhand GST Act 2017 : Furnishing of returns.

By | September 8, 2017

Section 39 Jharkhand GST Act 2017 [ Enforced with effect from 1-7-2017 ] ( Section 39 Jharkhand GST Act 2017 explains Furnishing of returns and is covered in CHAPTER IX RETURNS ) Furnishing of returns. 39. (1) Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under the provisions of… Read More »

Section 38 Jharkhand GST Act 2017 : Furnishing details of inward supplies.

By | September 8, 2017

Section 38 Jharkhand GST Act 2017 [ Enforced with effect from 1-7-2017 ] ( Section 38 Jharkhand GST Act 2017 explains Furnishing details of inward supplies and is covered in CHAPTER IX RETURNS ) Furnishing details of inward supplies. 38. (1) Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax… Read More »

Section 37 Jharkhand GST Act 2017 : Furnishing details of outward supplies.

By | September 8, 2017

Section 37 Jharkhand GST Act 2017 [ Enforced with effect from 1-7-2017 ] ( Section 37 Jharkhand GST Act 2017 explains Furnishing details of outward supplies and is covered in CHAPTER IX RETURNS ) Furnishing details of outward supplies. 37. (1) Every registered person, other than an Input Service Distributor, a non-resident taxable person and a person paying tax under… Read More »

Section 36 Jharkhand GST Act 2017 : Period of retention of accounts.

By | September 8, 2017

Section 36 Jharkhand GST Act 2017 [ Enforced with effect from 1-7-2017 ] ( Section 36 Jharkhand GST Act 2017 explains Period of retention of accounts. and is covered in CHAPTER VIII ACCOUNTS AND RECORDS ) Period of retention of accounts. 36. Every registered person required to keep and maintain books of account or other records in accordance with the… Read More »

Sultan Chand T.S. Grewal’s Double Entry Book Keeping (Section A) for ISC 12 by T.S. Grewal 2017 Edition

By | September 8, 2017

Sultan Chand T.S. Grewal’s Double Entry Book Keeping (Section A) for ISC XII Paperback – 2017 by T.S. Grewal (Author), CA. (Dr.) G.S. Grewal & R.K. Khosla H.S.  Product description As per Schedule III of the Companies Act, 2013 and Guidelines issued by the ISC Council Price Rs 445 Click to buy online Publisher: Sultan Chand & Sons (P) Ltd. (2017)

T.S. Grewal Double Entry Book Keeping CBSE 12 class (Vol. 1: Accounting for Partnership Firms) by T.S. Grewal 2017 Edition

By | September 8, 2017

T.S. Grewal’s Double Entry Book Keeping – CBSE XII (Vol. 1: Accounting for Partnership Firms) Paperback – 2017 by T.S. Grewal (Author), H.S. Grewal (Author), & 2 More Price Rs 245 Click to buy online           Reading level: 16+ years Publisher: Sultan Chand & Sons Private Limited; 2016 edition (2017)

Sultan Chand T.S. Grewal’s Double Entry Book Keeping for ISC 11 (As per the Guidelines and Syllabus of 2019) by T.S. Grewal 2017 Edition

By | September 8, 2017

Sultan Chand T.S. Grewal’s Double Entry Book Keeping for ISC XI (As per the Guidelines and Syllabus of 2019) Paperback – 2017 by T.S. Grewal (Author), CA. (Dr.) G.S. Grewal & R.K. Khosla H.S. Grewal (Editor) Price Rs 567 Click to buy online Publisher: Sultan Chand (2017)