Articles by CA AMIT KUMAR SHARMA

No TDS u/s 194J on Payments for Software Purchase

CA AMIT KUMAR SHARMA 14 July 2021 at 09:26

As Per notification no. 21/2012 dated 13.06.2012 no deduction of tax shall be made on certain payments by a person for the acquisition of software from another person.

Elon Musk vs. Indian Elon Musk & Challenges

CA AMIT KUMAR SHARMA 06 July 2021 at 09:22

Why Elon Musk was not born in India? The question isn't why he specifically wasn't born in India. The Question is Why People of India i.e. over 1.8 billion people, could not become Like Elon Musk?

GST Rate Applicability at the rate of 5% on Educational Institution/Universities

CA AMIT KUMAR SHARMA 18 June 2021 at 17:41

Merely having a University/Educational Institution is not sufficient for applicability of Notification No. 45/2017 - Central Tax (Rate) and 47/2017 - Integrated Tax (Rate), for applicability of concessional tax rate of 5%.