Articles by CA Sandeep Bhatnagar

Are you paying taxes on exchange of assets?

Posted by CA Sandeep Bhatnagar 26 April 2021 3230 Views

Sometimes we exchange assets such as immovable property and ignore the taxation aspect thinking that as there is no money transaction, no tax is applicable.

All about OIDAR

Posted by CA Sandeep Bhatnagar 17 November 2019 11459 Views

In this hi-tech, age business has undergone major transformation and new methods of transactions have evolved which are fast paced and require little physical e...

How to easily calculate tax on Shares and Mutual Funds

Posted by CA Sandeep Bhatnagar 02 November 2019 13494 Views

In order to incentivize the equity markets Government has given various sops to this sector. Under Section 10(38) of Income Tax Act, exemption to long term capi...

How to check if your deposit is illegal in nature?

Posted by CA Sandeep Bhatnagar 13 October 2019 3858 Views

President of India has promulgated the BANNING OF UNREGULATED DEPOSIT SCHEMES ORDINANCE, 2019 w.e.f. February 21, 2019. This law has been brought to safeguard ...

How to respond to simple notice received from income tax department

Posted by CA Sandeep Bhatnagar 29 August 2019 11091 Views

Generally, when you file your return, a notice-cum-intimation is sent under Section 143(1) of the Income Tax Act, 1961. You may not respond to this notice, as i...

Avoid non-compliance and file MSME Form I applicable on all Specified Companies

Posted by CA Sandeep Bhatnagar 13 August 2019 12967 Views

Mandatory filing of MSME Form I announced vide Companies (Furnishing of information about payment to MSME suppliers) Order, 2019 dated January 22nd, 2019.Applic...

Is GST Applicable on Transportation of Goods by Road?

Posted by CA Sandeep Bhatnagar 17 April 2021 23095 Views

GST is applicable on GTA and not on transport owners. When a consignment note is issued the lien on goods has been transferred to the transporter and the transporters become responsible for the goods until delivered to the consignee.