Daily Archives: August 24, 2018

Sale of property not taxable in hands of HUF if it was sold in individual capacity : HC

By | August 24, 2018

the assessing officer made in the impugned addition because in the sale deed appellant was shown as a seller in his individual capacity, PAN number used in the sale deed was that of the individual, sale proceeds were deposited into the appellant’s bank account held in individual capacity In case the property was belonging to… Read More »

Tax audit under presumptive taxation not included for tax audit assignments: ICAI

By | August 24, 2018

The Institute of Chartered Accountant of India (ICAI) has informed that audits conducted under Section 44AD, 44ADA and 44AE of the Income-tax Act, 1961 shall not be taken into account for the purpose of reckoning the “specified number of tax audit assignments” ANNOUNCEMENT Modification in the Council Guidelines No. 1-CA(7)/02/2008 dated 8 th August, 2008… Read More »

Who Can Sign GST Tax Invoices

By | August 24, 2018

Who Can Sign GST Tax Invoices Can a Regular employee signed the Tax Invoice. If the same person not authorized under GST Registration form ? Thus if regular Employee details not added in GST registration form as authorized representative….he can not issue invoices If invoices are signed by the employees of assessee who is not… Read More »

Forgot to verify your ITR (Income Tax Return ? Apply Condonation of delay of ITR V

By | August 24, 2018

Forgot to verify your ITR ( Income Tax Return) How to apply Condonation of delay What is the time for verification of ITR ? After Filing Income Tax return , person needs to verify ITR V ( Acknowledgement)  within 120 days. Verification of return can be done thorugh Online (using Aadhaar one time password) or Electronic… Read More »

New GST News 24.08.18

By | August 24, 2018

New GST News 24.08.18 [ Join online GST Course by CA Satbir Singh ] New GST News New Books for GST , Income Tax & Law Practice (Till Aug 2018) GST not deposited by Supplier ? GST on Forfeited Rental Deposit How to do Correction in GST Tax Invoice Levy of GST on Liquidated Damages… Read More »

Category: GST

GST not deposited by Supplier ?

By | August 24, 2018

Supplier not deposited GST Question from Sushil Paliwal : I am working in Mining Business registered firm. If we purchased old truck for mining work against GST tax invoice in March 18 from registered supplier and we availed all ITC in March 18 but supplier not deposited GST tax and related GST return what provision apply of… Read More »

E book by ICAI on regulatory aspects of Articled/Audit Assistants

By | August 24, 2018

Publication of E-Book on “Ready Reckoner on Regulatory Aspects of Articled/Audit Assistants: Capacity Building for CA Firms & Practitioners”: An Initiative of the Committee for Capacity Building of Members in Practice (CCBMP), ICAI The Committee for Capacity Building of Members in Practice (CCBMP), ICAI has taken an initiative to bring out a publication of E-book… Read More »

How to check case status in Indian Courts online

By | August 24, 2018

How to check Case status online Litigant centric information can be obtained through the website of the eCourts portal by accessing using the URL: https://ecourts.gov.in. The National Judicial Data Grid (NJDG) for district & subordinate courts has been created as an online platform which now provides information relating to judicial proceedings/decisions of 16,089 computerized district and… Read More »

How to pay court fees online

By | August 24, 2018

How to pay online court fees The ePay application at pay.ecourts.gov.in is a unified portal wherein facility to pay online court fees is provided.  The platform is user friendly which can be used with very little self help. ePayment is a safe and secure, quick and easy way to pay court fees . At present, the facility… Read More »

eFiling of cases online through Ecourts made available for lawyers and litigants

By | August 24, 2018

Ministry of Electronics & IT CJI Launches Applications to Facilitate Litigants and Lawyers Posted On: 23 AUG 2018 2:39PM by PIB Delhi The Chief Justice of India Hon’ble Justice Dipak Misra launched various applications for the benefit of the litigants and lawyers during the third week of August, 2018 at an event in the Supreme Court of… Read More »