Articles by MOHAN ARYA

Latest Update on GST Meeting held on 18th Feb 2023

Posted by MOHAN ARYA 20 February 2023 4245 Views

The 49th meeting of the GST Council was held on February 18, 2023, in New Delhi, under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.

Concept Of "Bill To" And "Ship To"

Posted by MOHAN ARYA 25 January 2022 52136 Views

First of all, we need to understand the place of business, place of supply and Principal place of business.

Interest levy under three sections 234A, 234B and 234C

Posted by MOHAN ARYA 27 July 2021 3379 Views

In case a taxpayer does not file their ITR by the due date specified by the department, they will be required to pay interest on the outstanding tax, under sections 234A, 234B and 234C of the Income Tax Act 1961.

No Bank Account Attachment Order Under Section 83 Of CGST Act

Posted by MOHAN ARYA 17 July 2021 4577 Views

Section 83 read with section 159(2), and the form GST DRC-22 show that a proceeding has to be initiated against a specific taxable person, an opinion has to be ...

ITR Filing Tips Financial Year 2019-2020

Posted by MOHAN ARYA 13 March 2021 20900 Views

Finance (No. 2) Act, 2019 has inserted a new seventh proviso to section 139(1) to provide for mandatory filing of return of income for undertaking certain high-value transactions even though the person is otherwise not required to file a return of income due to the fact that total income is below the basic exemption limit.

Direct Tax Highlights of Union Budget 2021

Posted by MOHAN ARYA 02 February 2021 3174 Views

Discussing the Direct Tax Proposals laid down in the parliament by FM Smt. Nirmala Sitharaman as part of her Union Budget 2021 speech on 1st February 2021.

GST Refund & Mechanism

Posted by MOHAN ARYA 03 April 2020 2195 Views

Since we are moving towards online business and transactions, therefore Government need to fix time limit for refund cases as defined above to save interest paid by the department in delay payment of Refund and concern GST Officer should be answerable to GST Department and Ministry of Ministry for such delay.