USA IRS : Audit Technique Guides for Exempt Organizations

By | October 19, 2017

Share this on WhatsApp  1.  Audit Technique Guides for Exempt Organizations Examiners use these guides during audits of specific types of exempt organizations.     2.  The Enduring Relevance of Rev. Proc. 71-17 on IRC Section 501(c)(7) Organizations Read the IRS issue snapshot on the effect of a 501(c)(7) club’s non-member income on its unrelated business taxable income and exemption. Related IRS… Read More »

USA IRS Tax Tips for Business Owners Who Need to Reconstruct Records After a Disaster

By | October 19, 2017

Share this on WhatsAppTips for Business Owners Who Need to Reconstruct Records After a Disaster After a disaster, many business owners might need to reconstruct records to prove a loss. This may be essential for tax purposes, getting federal assistance, or insurance reimbursement. Here are four tips for businesses that need to reconstruct their records:… Read More »

USA IRS : RR-2017-21: Applicable Federal Rates

By | October 19, 2017

Share this on WhatsAppRevenue Ruling 2017-21 provides various prescribed rates for federal income tax purposes including the applicable federal interest rates, the adjusted applicable federal interest rates, the adjusted federal long-term rate, the adjusted federal long-term tax-exempt rate. These rates are determined as prescribed by § 1274. The rates are published monthly for purposes of sections… Read More »

USA IRS : Tax Help After a Disaster

By | October 19, 2017

Share this on WhatsAppTaxpayers Can Look to the IRS for Tax Help After a Disaster When a hurricane or other disaster strikes, the IRS wants taxpayers to know they can count on the agency for help. Here are six resources taxpayers can access on IRS.gov: Tax information about federally declared disasters. Special tax law provisions apply… Read More »

USA IRS : Online Seminars from the 2017 IRS Nationwide Tax Forums Now Available

By | October 19, 2017

Share this on WhatsAppOnline Seminars from the 2017 IRS Nationwide Tax Forums Now Available WASHINGTON — The Internal Revenue Service today reminded tax professionals that they can earn continuing education credits online through seminars filmed at the 2017 IRS Nationwide Tax Forums. The 17 self-study seminars are now available on the IRS Nationwide Tax Forums Online (NTFO).… Read More »

USA IRS : Identity Theft Battle ; Prepare for 2018 Tax Season

By | October 19, 2017

Share this on WhatsAppSecurity Summit Partners Mark Progress in Identity Theft Battle; Prepare for 2018 Tax Season WASHINGTON – The IRS, state tax agencies and private-sector industry leaders today detailed their continued progress against tax-related identity theft and prepared additional safeguards for the 2018 filing season to curb refund fraud. The latest IRS data continued… Read More »

Notification No 39/2017 Union Territory Tax (Rate) : Reduce GST rate on Food preparations for Free Distributions

By | October 19, 2017

Share this on WhatsAppNotification No 39/2017 Union Territory Tax (Rate) Seeks to reduce GST rate on Food preparations put up in unit containers and intended for free distribution to economically weaker sections of the society under a programme duly approved by the Central Government or any State Government. [TO BE PUBLISHED IN PART II, SECTION… Read More »

Notification No 40/2017 Integrated Tax (Rate) : reduce GST rate on Food preparations for Free Distribution

By | October 19, 2017

Share this on WhatsAppNotification No 40/2017 Integrated Tax (Rate) Seeks to reduce GST rate on Food preparations put up in unit containers and intended for free distribution to economically weaker sections of the society under a programme duly approved by the Central Government or any State Government vide Notification No 40/2017 Integrated Tax (Rate) Dated 18th October,… Read More »

Notification No 39/2017 Central Tax (Rate) : Reduce GST rate on Food preparations

By | October 19, 2017

Share this on WhatsAppNotification No 39/2017 Central Tax (Rate) Seeks to reduce GST rate on Food preparations put up in unit containers and intended for free distribution to economically weaker sections of the society under a programme duly approved by the Central Government or any State Government vide Notification No 39/2017 Central Tax (Rate) Dated 18th October,… Read More »

Circular No 10/10/2017 GST : Movement of goods on approval basis : Clarification

By | October 19, 2017

Share this on WhatsApp  Circular No 10/10/2017 GST Clarification on movement of goods on approval basis CBEC – 20/16/03/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, dated 18th October, 2017 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All)… Read More »

Circular No 9/9/2017 GST : GST Practitioner : Officers Authorized

By | October 19, 2017

Share this on WhatsAppCircular No 9/9/2017 GST Authorized officer for enrollment of Goods and Services Tax Practitioner Circular No 9/9/2017- GST F. No. 349/75/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs (GST Policy Wing) New Delhi, Dated the 18th October, 2017 To, The Principal Chief Commissioners/Chief Commissioners/Principal… Read More »

Taxpayers guide while taking actions in Form GSTR 2

By | October 18, 2017

Share this on WhatsAppTaxpayers guide while taking actions in Form GSTR 2 Download TaxHeal Mobile App Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments… Read More »

Notification No 47/2017 Central Tax : CGST 10th Amendment Rules 2017

By | October 18, 2017

Share this on WhatsAppNotification No 47/2017 Central Tax Tenth Amendment to the CGST rules, 2017 vide Notification No 47/2017 Central Tax Dated 18th October, 2017 [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No.… Read More »

Notification No 48/2017 Central Tax : Deemed exports under CGST Act 2017

By | October 18, 2017

Share this on WhatsAppNotification No 48/2017 Central Tax Seeks to notify certain supplies as deemed exports under section 147 of the CGST Act, 2017  vide Notification No 48/2017 Central Tax Dated 18th October, 2017 NOTIFICATION New Delhi, the 18th October, 2017 No. 48/2017-Central Tax G.S.R.1305 (E).—In exercise of the powers conferred by section 147 of the… Read More »

Exchange Rate of Foreign Currency w.e.f 19.10.2017

By | October 18, 2017

Share this on WhatsAppExchange Rate of Foreign Currency Relating To Imported and Export Goods Notified Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise… Read More »

GST News 18.10.2017 by TaxHeal 

By | October 18, 2017

Share this on WhatsAppGST News 18.10.2017 by TaxHeal Download TaxHeal Mobile App Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press… Read More »

Reassignment of cases pending with Commissioners (Appeal) : Circular No 208/6/2017-Service Tax 

By | October 18, 2017

Share this on WhatsApp CBEC to Redistribute Cases in Jurisdictions to Reduce Pendency of Cases With Commissioners (Appeal) In order to clear the pendency of cases as on 30th June 2017 before the Commissioners of Central Excise and Service Tax (Appeals), the CBEC will redistribute the cases pending in the jurisdiction of a Principal Chief… Read More »

You can revise GSTR 3B !

By | October 17, 2017

Share this on WhatsAppYou can revise GSTR 3B As per Reply form Twitter Handle account of Govt on 17.10.2017   Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars… Read More »

USA IRS : Gifts to Charity : Six Facts About Written Acknowledgements

By | October 17, 2017

Share this on WhatsAppGifts to Charity : Six Facts About Written Acknowledgements Throughout the year, many taxpayers contribute money or gifts to qualified organizations eligible to receive tax-deductible charitable contributions. Taxpayers who plan to claim a charitable deduction on their tax return must do two things: Have a bank record or written communication from a… Read More »

Eligibility criteria for Direct Entry Students of ICAI relaxed

By | October 17, 2017

Share this on WhatsAppFurther Relaxation in the eligibility criteria for Direct Entry Students registering from 1st July, 2017 to 31st July, 2017 for appearing in May, 2018 Intermediate Examination under Revised Scheme of Education and Training – (14-10-2017) ANNOUNCEMENT  13th October, 2017 Sub: Further Relaxation in the eligibility criteria for Direct Entry Students registering from… Read More »

How to Fill GSTR 2 GST Return

By | October 17, 2017

Share this on WhatsAppHow to Fill GSTR 2 GST Return Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press Release GST… Read More »

Transfer of Shares to IEPF Authority

By | October 17, 2017

Share this on WhatsAppEPF Authority  demat account details for transfer of shares. The due date for transfer of shares by companies is 31st October 2017 General Circular  No. 12/2017 No. 11/06/2017-IEPF Government  of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing Shastri Bhawan, Dr.R. P.Road New Delhi- 110001 Dated: 16.10.2017 To All Stakeholders Nodal Officers… Read More »

EPF-Procedure for transfer of shares to demat account of authority

By | October 17, 2017

Share this on WhatsAppEPF-Procedure for transfer of shares to demat account of authority. IEPF Authority (Accounting Audit Transfer and Refund) Second Amendment Rules 2017. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 13th October, 2017 G.S.R.  (E).- In exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and… Read More »

GST composition Scheme changes w.e.f 13.10.2017

By | October 16, 2017

Share this on WhatsAppGST composition Scheme Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press Release GST Press Release GST Books… Read More »

GST News 15.10.2017 by TaxHeal

By | October 15, 2017

Share this on WhatsAppGST News 15.10.2017 by TaxHeal GST Video Tutorials Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press Release… Read More »

Late free of GSTR 3B for September 17

By | October 15, 2017

Share this on WhatsAppYou might have received complaint about late fee being applied in case of Sept month 3B. This is not for any delay on filing of Sept month as we have not reached 20th Oct. It is on account of late filing of return for previous period. The system does entry into ledgers… Read More »

GST FAQ 14.10.2017 by CBEC

By | October 15, 2017

Share this on WhatsAppGST FAQ 14.10.2017 by CBEC   GST Video Tutorials Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press… Read More »

Who is not required to file GSTR 2

By | October 14, 2017

Share this on WhatsAppWho is not required to file GSTR 2   GST Video Tutorials Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST… Read More »

Pre Conditions before Filing GSTR 2

By | October 14, 2017

Share this on WhatsAppConditions before Filing GSTR 2 GST Video Tutorials Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press Release… Read More »

GST FAQ replied by Govt Tweeter Account 14.10.2017

By | October 14, 2017

Share this on WhatsApp  GST FAQ replied by Govt Tweeter Account 14.10.2017 GST Video Tutorials Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST… Read More »

GST News 14.10.2017 by TaxHeal

By | October 14, 2017

Share this on WhatsAppGST News 14.10.2017 by TaxHeal GST Video Tutorials Related Topic on GST  Topic Click Link GST Acts  Central GST Act and States GST Acts GST Rules GST Rules  GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars  GST Judgments GST Judgments GST Press Release… Read More »

Notification No 46/2017 Central Tax : Turnover Limit for Composition scheme Increased

By | October 14, 2017

Share this on WhatsAppNotification No 46/2017 Central Tax Seeks to amend notification No. 8/2017-Central Tax vide Notification No 46/2017 Central Tax Dated 13th October, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 46/2017- Central Tax New Delhi, the… Read More »

Notification No 78 /2017 Customs : Import by EOU : No IGST & Cess till 31.03.2018

By | October 14, 2017

Share this on WhatsAppNotification No 78 /2017 Customs The notification exempting igst and compensation cess on import by EOU TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA (EXTRAORDINARY)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 78 /2017-Customs New… Read More »

Notification No 16/2017 Union Territory Tax : Composition Scheme : Turnover Limit

By | October 14, 2017

Share this on WhatsAppNotification No 16/2017 Union Territory Tax Seeks to amend notification No. 2/2017-Union Territory Tax vide Notification No 16/2017 Union Territory Tax Dated 13th October, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.16/2017- Union Territory Tax… Read More »

Order No 01/2017 Union Territory Tax : composition scheme : Exempt Services not included in Turnover

By | October 14, 2017

Share this on WhatsAppOrder No 01/2017 Union Territory Tax To remove difficulties in implementing provisions of composition scheme by Order No 01/2017 Union Territory Tax Dated 13th October, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] Government of India Ministry of Finance (Department of Revenue) New Delhi, the… Read More »

Order No 01/2017 Central Tax : Composition Scheme : Exempt services not included in Turnover

By | October 14, 2017

Share this on WhatsAppOrder No 01/2017 Central Tax To remove difficulties in implementing provisions of composition scheme vide Order No 01/2017 Central Tax Dated 13th October, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] Government of India Ministry of Finance (Department of Revenue) New Delhi, the 13th October, 2017… Read More »

Notification No 39/2017 Integrated Tax (Rate) : IGST Rate on Services Amended

By | October 14, 2017

Share this on WhatsAppNotification No 39/2017 Integrated Tax (Rate) Seeks to amend notification No. 8/2017-Integrated Tax (Rate). vide Notification No 39/2017 Integrated Tax (Rate) dated 13th October, 2017 [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 39/2017-Integrated… Read More »

Notification No 38/2017 Integrated Tax (Rate) : IGST rate on leasing of motor vehicles

By | October 14, 2017

Share this on WhatsAppNotification No 38/2017 Integrated Tax (Rate) Seeks to prescribe Integrated Tax rate on the leasing of motor vehicles vide Notification No 38/2017 Integrated Tax (Rate) Dated 13th October, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification… Read More »

Notification No 37/2017 Integrated Tax (Rate) : Govt Supply : GST on RCM

By | October 14, 2017

Share this on WhatsAppNotification No 37/2017 Integrated Tax (Rate) Seeks to amend notification No. 4/2017-Integrated Tax (Rate) vide Notification No 37/2017 Integrated Tax (Rate) Dated 13th October, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 37 /2017- Integrated… Read More »

Notification No 36/2017 Integrated Tax (Rate) : IGST Exemption List on Goods Amended

By | October 14, 2017

Share this on WhatsAppNotification No 36/2017 Integrated Tax (Rate) Seeks to amend notification No. 2/2017-Integrated Tax (Rate) vide Notification No 36/2017 Integrated Tax (Rate) Dated 13th October, 2017 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 36/2017- Integrated Tax… Read More »