GSTR 2 is a return containing the details of purchases/ inward supplies of taxable goods and services. It also includes the supplies on which taxes need to be paid on reverse charge basis. Every registered taxable person is required to file GSTR 2 within 15 days following the end of a particular mon..
The SEIS or the Service Export from India Scheme, under the Foreign Trade Policy of India, was launched with the primary aim to issue various rewards to the exporters to neutralize the infrastructural inefficiencies and other related costs. It was done to bolster the export of notified services in I..
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F. No. 354/32/2019-TRU
Government of India
Ministry of Finance
Department of Revenue
(Tax Research Unit)
Dated the 14th May, 2019, New Delhi
Subject: FAQs (Part II) on real estate- reg.
A number of issues have been raised regarding..
Provisions in the Insolvency and Bankruptcy Code, 2016
Section 16(3)(a) of the Insolvency and Bankruptcy Code, 2016 (Code) requires the Adjudicating Authority (AA) to make a reference to the Insolvency and Bankruptcy Board of India (Board) for recommendation of an insolvency professional (IP) who..
Ind AS Technical Facilitation Group Clarification Bulletin 19
Ind AS Technical Facilitation Group (ITFG) of Ind AS Implementation Group has been constituted for providing clarifications on timely basis on various issues related to the applicability ..
A number of issues have been raised regarding the new GST rate structure notified for real estate sector effective from 01-04-2019. A compilation of Frequently Asked Questions (FAQs) is presented below. The answers to the FAQs have been given in simple language for guidance and easy understanding of..
In an exclusive interview with the founder of Simplify Practice Mr. Veerendar Jamdade, we got to know about his exclusive venture and his idea behind it.
He is a technocrat with over 31 years of experience, started his career as Industrial Engineer at SKF Bearing India Ltd. and is currently the f..
Analysis for filing of DPT-3 upto 29th June 2019
Companies (Acceptance of Deposits) Second Amendment Rules, 2019 regarding filing of DPT-3 upto 29th June 2019
The Ministry of Corporate Affairs has issued Companies (Acceptance of Deposits) Second Amendment Rules, 2019 which shall come..
Q.1. What is E-form ACTIVE?
ACTIVE stands for Active Company Tagging Identities and Verification. The Ministry of Corporate Affairs has introduced the same for address validation of Active companies.
Q.2. What is the applicability of the form?
The form is applicable to every compa..
Agricultural income in India is categorised as a source of income and includes:
income from sources that comprise agricultural land,
income from buildings on or related to an agricultural land and
commercial produce from an agricultural land.
Agricultural income is d..