Taxcharcha

Author : Team Taxcharcha

1096 Posts - 5 Comments
GSTLatest

Circular No. 92/2019 – Circular clarifying various doubts related to treatment of sales promotion scheme under GST

Team Taxcharcha
Circular No. 92/11/2019-GST F. No. 20/16/04/2018-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing...
GSTLatest

Notification No. 02/2019-Central Tax (Rate) – To give composition scheme for supplier of services with a tax rate of 6% having annual turn over in preceding year upto Rs 50 lakhs.

Team Taxcharcha
[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...
GSTLatest

Notification no. 14/2019-Central Tax – Seeks to supersede notification No. 08/2017 – Central Tax dated 27.06.2017 in order to extend the limit of threshold of aggregate turnover for availing Composition Scheme u/s 10 of the CGST Act, 2017 to Rs. 1.5 crores.

Team Taxcharcha
[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...
GSTLatest

Notification no. 13/2019-Central Tax, prescribe the due dates for furnishing of FORM GSTR-3B for the months of April, May and June, 2019.

Team Taxcharcha
[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...
GSTLatest

Notification No. 12/2019-Central Tax-prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than Rs. 1.5 crores for the months of April, May and June, 2019.

Team Taxcharcha
[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...
GSTLatest

Notification No. 11/2019-Central Tax – Seeks to prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover upto Rs. 1.5 crores for the months of April, May and June, 2019.

Team Taxcharcha
[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...
GSTLatest

Implementation of various decisions taken by the GST Council for the MSME Sector; Issue of Notifications there of

Team Taxcharcha
The GST Council in its 32nd Meeting held on 10th January, 2019, inter-alia, had taken the following decisions to be effective from 1st April, 2019 (01.04.2019): ·         Higher Exemption Threshold Limit...
Income TaxRecent Case Laws

Merely because assessee company had filed all primary evidence, it could not be said that onus on assessee company to establish the credit worthiness of investor companies stood discharge. Assessing Officer was justified in passing assessment order making additions under section 68 for share capital/share premium received by assessee company – SC

Team Taxcharcha
Held:  The Court/Authorities below did not even advert to the field enquiry conducted by the AO which revealed that in several cases the investor companies...