Articles by NITIN GOYAL

Pay 50% tax on unaccounted deposit or 85% if caught as per new Tax amendment bill

Posted by NITIN GOYAL 28 May 2017 18091 Views

Let's understand the proposed Income Tax Amendment Bill:As a step forward to curb black money, bank notes of existing series of denomination of the value

Let's understand GST Compensation Cess: A New Levy in GST framework

Posted by NITIN GOYAL 27 May 2017 7582 Views

Right from the beginning of talks relating to GST, we all were hoping that with the in

Change in Method of Valuation of Share for Sec 50CA and 56(2)

Posted by NITIN GOYAL 08 May 2017 16273 Views

There will be a change in Valuation Mechanism relating to valuation of unquoted equity shares for the purposes of section 56 and section 50CA of the Income-tax Act, 1961 as per Draft rules issued by CBDT.

Key Highlights of Draft GST Rules

Posted by NITIN GOYAL 01 April 2017 18652 Views

CBEC has recently issued 5 set of Draft rules on Registration, Invoice, Payment, Refund, and Return, which has been approved by GST Council on 30th September'16...