E-Handbook on GST amendments released by ICAI
The Institute of Chartered Accountants of India (ICAI), on 8th June 2018 released E- Handbook on GST amendment which covers the aspects / provisions under...
Author : Team Taxcharcha
Notification under FCRA specifying the Officers for compounding the offences
MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 5th June, 2018 S.O. 2291(E).—In exercise of the powers conferred by sub-section (1) of Section 41 of...
No GST on free bank services. GST on Mutual funds exit loads. (Source – FAQs on Banking, Insurance and Stock broker sectors)
A big relief comes to the Banking customers as the Government on sunday clarified that the services such as withdrawals from ATMs, issuance of chequebooks...
No GST on “Duty Free Shops” at Airports
The travelers of the International flights do not have to pay the Goods and Services Tax (GST) while purchasing the goods from the Airport’s duty...
Accounting standards for Local Bodies (ASLB) issued by ICAI
The Institute of Chartered Accountants of India (ICAI) has issued Accounting standards for Local Bodies. To download the Accounting standards, click the below mentioned links:-...
Background material on GST released by ICAI
The Institute of Chartered Accountants of India (ICAI) has published the Background material on GST which cover all the latest topics along with the recent...
Draft GST Audit Report and Statement of Particulars submitted by ICAI to Ministry of Finance
The Institute of Chartered Accountants of India (ICAI), on 29th May 2018 has submitted draft of GST Audit Report (GSTR 9C) and Statement of Particulars ...
High Value Transactions – This is how IT Dept comes to know
Have you ever wondered how the income tax authorities got to know that you have purchased gold jewellery of more than Rs. 2,00,000 or a...
CBDT released JAVA utility of ITR 7 for AY 2018-19
CBDT, on 21st May 2018, has released JAVA utility of ITR 7 for AY 2018-19. The ITR 7 is for persons including companies required to furnish...