Articles by Nirmal Beniwal

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TDS on individual paying rent more than 50K

Posted by Nirmal Beniwal 02 August 2018 13335 Views

Introduction: This article explains the new section 194 IB added by the budget 2017 in the Income Tax Act which

What is BEPS?

Posted by Nirmal Beniwal 08 July 2018 17323 Views

Introduction: BEPS is acronym for Base Erosion and Profit Shifting. Base erosion and profit shifting (BEPS) refers to tax avoidance strategies that

Insight to Equalisation Levy

Posted by Nirmal Beniwal 28 June 2018 11805 Views

This article describes the equalisation levy, its implications and procedural aspects.

Is Equalization levy providing level playing field to domestic players?

Posted by Nirmal Beniwal 25 June 2018 3543 Views

Equalization levy is a tax policy implemented to create a level playing field" between service providers. This article studies the requirement to improve it.

Is it time to cheer for restaurant service providers?

Posted by Nirmal Beniwal 12 June 2018 28605 Views

This article is for the suppliers engaged in supply of food and beverages by way of restaurant, eating joint, mess, canteen, and those located in hotels, etc.

Exports Rejuvenated under GST

Posted by Nirmal Beniwal 10 June 2018 3279 Views

This article relates to the problems faced by the exporters and reliefs given to them to enhance their competitiveness.

Do you have huge unclaimed refund from exports in earlier laws?

Posted by Nirmal Beniwal 04 June 2018 12760 Views

The article is written only for exporter of services which are entitled to claim refund of service tax CENVAT credit and has not applied for them.

GST on Advances

Posted by Nirmal Beniwal 29 May 2018 30234 Views

Article talks about liability of receiver to pay GST on advances received

Breather for Startups from Angel Tax

Posted by Nirmal Beniwal 14 February 2018 9155 Views

Introduction: This article clears the position of startups as regards the applicability of angel tax.Background: Clause (viib) of sub section (2) of section 56 ...