Articles by CA Sandeep Bhatnagar

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Are you paying taxes on exchange of assets?

CA Sandeep Bhatnagar 01 July 2019 at 11:22

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.

Posted in Taxpayers | 2730 Views

All about OIDAR

CA Sandeep Bhatnagar 21 May 2019 at 13:32

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..

Posted in Income Tax | 4 comments | 10959 Views

How to easily calculate tax on Shares and Mutual Funds

CA Sandeep Bhatnagar 06 May 2019 at 10:57

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..

Posted in Income Tax | 4 comments | 13224 Views

How to check if your deposit is illegal in nature?

CA Sandeep Bhatnagar 16 April 2019 at 11:31

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 ..

Posted in Others | 1 comments | 3693 Views

How to respond to simple notice received from income tax department

CA Sandeep Bhatnagar 02 March 2019 at 11:26

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..

Posted in Income Tax | 12 comments | 10710 Views

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

CA Sandeep Bhatnagar 14 February 2019 at 16:39

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

Posted in Corporate Law | 31 comments | 12405 Views

Is GST Applicable on Transportation of Goods by Road?

CA Sandeep Bhatnagar 22 January 2019 at 11:37

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.

Posted in GST | 26 comments | 22593 Views