ipcc group 2 accounting standards

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CBDT Notifies Rule 10CB for Secondary Adjustments under Section 92CE of IT Act


CBDT Notifies Rule 10CB for Secondary Adjustments under Section 92CE of IT Act 1961 Rule 10CB for operationalising the provisions of secondary adjustment has been notified by the Central Board of Direct Taxes on 15th June 2017 It prescribes the time limit for repatriation of excess money and the rat

GST Council decisions on Composition Levy & GST rate on certain goods


RECOMMENDATIONS REGARDING THE COMPOSITION LEVY AND GST RATE ON CERTAIN GOODS As per discussions in the 17th GST Council Meeting held on 18th June 2017 I The Turnover Limit for the Composition Levy 1 The GST Council in its meeting held on 11th June 2017 had recommended increase in the turnover limit

Decisions taken by the GST Council in the 17th meeting


Decisions taken by the GST Council in the 17th meeting 18 June 2017 I Decisions with respect to GST rates for Services 1 It has been decided in respect of the service of transport of goods by a vessel that GST rate of 5 will be available with ITC in respect of input services and GST paid on ships ve

Reduced Liability of Tax on complex, building, flat etc under GST


The CBEC and States have received several complaints that in view of the works contract service tax rate under GST at 12 in respect of under construction flats complex etc the people who have booked flats and made part payment are being asked to make entire payment before 1st July 2017 or to face hi

No person to function as an Insolvency Professional without Certificate of Registration


Section 3 19 of the Insolvency and Bankruptcy Code 2016 Code defines insolvency professional to mean a person enrolled under section 206 with an insolvency professional agency IPA as its member and registered with the Insolvency and Bankruptcy Board of India IBBI as an insolvency professional IP und

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Experts Opinions

Income tax ward 2(2)(1) bangalore address


Sir Please give me the address of Income Tax Ward 2 2 1 Bangalore THANK YOU IN ADVANCE

Tax rate for domestic companies ay 2017-18


A private company incorporated on 30 03 2015 and commenced its business from 15th April 2015 Thus the Turnover for the FY 2014 15 is Nil No business in the FY 2014 15 What is the effective rate of tax to the company for the FY 2016 17 Is it 29 or 30 Kindly advise

Contractual employee last date filling of itr ay 2017-18


HI All Please suggest me these following points 1 Last date filling ITR for contractual employee 2 Penalty for the late filling and penalty rate 3 Which ITR has to be filled for the contractual employee Please share aforesaid detail it will be really helpful for me

Filing of gstr-2 for transportation of goods by road


Dear Sir No input tax credit is available for transporter for transportation of goods by road It is require for us to file GSTR 2 for inward supplies as a NIL return Pls help Thanks Regards Mr Lingam

stock increase in june 2017


dear experts our co is chemical mfg and recently we have order to purchase some raw material our requrment is 1 mt but party convence that if you have by more than 5 mt material than we will provide in june month otherwise we despach material in july 2017 what we will do in this senario if by 5 mt t

Discussion

Rejection of company name mca21

Applied for a company name in INC 1 starting with the word CAR but its got rejejcted on the grounds that its too general relating to the business but i saw that companies do have names starting with car Please tell me how i would get the name of our comany with the pre fix as CAR

Advise regarding gst for ipcc

Registered under old syllabus of IPCC Planning to write exam in May 2018 Can i continue my studies under old syllabus if so whether GST under New syllabus or VAT CST SERVICE TAX EXCISE CUSTOMS under old syllabus is applicable for me Seek ur kind attention on this matter Thank You

Income tax return for trust registered u/s 10(25)

Which IT Return no is specified for filing return for the trust registered u s 10 25

Interest u/s 234e paid, how to file revised return

Sir An entity did nt file TDS return within due date They get default notice to pay interest u s 234e They paid such interest amount in Challan 281 now can you please help me how to add this challan to revised return Is the payment process was correct or not If correct then how to proceed for furthe

Monthly Summary of MCA for the month of May, 2017

Monthly Summary of MCA for the month of May 2017 PFA the file for details

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Articles

Secondary Adjustment 92CE added in IT Act - Game On


Finance Act 2017 inserted Section 92CE in the Income tax Act 1961 to provide for Secondary Adjustment mechanism in the Transfer Pricing As a result of Primary Adjustment if there is an upward adjustment such disallowance shall be construed as an Advance or Loan to AE and accordingly a Secondary Adju


Section 9 of CGST Act, 2017: Levy and Collection (Reverse Charge)


Once again I am very grateful for such a positive feedback on my Second Article Section 9 of CGST Act 2017 Levy and Collection Friends in my Second Article I have discussed first part of Section 9 Levy Collection in case of Normal Charge Today we will discuss Section 9 Levy Collection in case of Rev


GST rollout from July 1, 2017 - GST Council eases rules for return filing for July & August


While sticking to the rollout date ofJuly 1 2017for the first of its kind mammoth indirect tax reform post independence in India the all powerful GST Council headed by the Hon ble Finance Minister Mr Arun Jaitley concluded their meet for the 17thtime on June 18 2017 The GST Councilon Sundaymade the


Section 25 of CGST: Procedure for registration explained sub section wise


1 Every person liable to be registered under Section 22 Person Liable for registration or Section 24 Compulsory registration under certain cases shall apply for registration in every such State or Union territory in which he is so liable within thirty days from the date on which he becomes liable to


Provisions relating to accounts under CGST Act 2017


INTRODUCTION The need to keep and maintain proper and correct accounts is of fundamental importance in taxation laws and so with GST laws The substantive law of GST has spread over so many enactments and rules like CGST IGST and SGST etc It is proposed to deal with the provisions of accounts as cont


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Updated on : 6/20/2017 2:38:11 PM


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