Articles by Ashok Pitroda

GST On Real Estate Sector: An Analysis

Posted by Ashok Pitroda 26 September 2024 760 Views

Since the implementation of GST in India, the real estate sector has undergone significant changes. The GST rates on real estate vary depending on the type of property and its stage of completion.

Appeals and Review Mechanism under GST

Posted by Ashok Pitroda 22 February 2024 1795 Views

Appeal under any law is an application to a higher authority for a reversal of the decision of a lower authority. Appeals arise when there are any legal disputes. Here, we are discussing appeals under GST law.

An Overview on GST Audit

Posted by Ashok Pitroda 27 January 2024 24826 Views

As per Section 2(13) of CGST Act, 2017, GST audit means the examination of records, returns and other documents maintained or furnished by the registered person under this act or the rules made thereunder or under any other law

GST Assessment: Types and Their Significance

Posted by Ashok Pitroda 18 January 2024 5581 Views

Every registered person has to file return to the GST department. Once the person files the return, the next step is processing the return by the GST department.

What is GST Annual Return or GST Audit?

Posted by Ashok Pitroda 13 October 2023 13994 Views

As per Rule 80 of the CGST Rules, 2017, every registered person liable to file annual return for every financial year is required to file the same on or before the 31st of December of the next financial year.

How do make Trust Deed?

Posted by Ashok Pitroda 19 May 2023 3305 Views

This agreement of trust is executed amongst the following persons.

All about Income Tax Audit

Posted by Ashok Pitroda 31 March 2023 12782 Views

There are many types of audits conducted under various laws. Similarly, an audit conducted under the Income Tax Act, 1961 is called a ‘Tax Audit’. In the Income Tax Act, 1961, section 44AB mandates provisions for a tax audit, which are explained as follows. In the following circumstance, a tax audit will be mandatory.

Chapter VIA (Section 80C) Deduction under IT Act, 1961

Posted by Ashok Pitroda 10 March 2023 8838 Views

Section 80C, Section 80CCC and Section 80CCD (1) |Deduction in respect of life insurance premium, contributions to provident fund, sukanya samriddhi yojana, NSC, NPS, APY etc.

Difference between Section 194Q and Section 206C (1H) of IT Act, 1961

Posted by Ashok Pitroda 08 March 2023 6683 Views

What is the difference between Section 194Q and Section 206C (1H) of the Income Tax Act, 1961

What is works contract and how to make agreement for it?

Posted by Ashok Pitroda 02 March 2023 5941 Views

Works Contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration, or commissioning of any immovable property wherein transfer of property in goods is involved in the execution of the such contract.