Popular Articles

E-way bill is redundant - Why not abolish?

Lekhraj sood 16 May 2022 at 08:28

In a dispute concerning e-waybill, recently Hon'ble Gujarat High Court ruled in favor of taxpayer in the case of Dhabriya Polywood Limited Vs Union of India. In this case, everything was correct like invoice, e-waybill etc. except a small mistake of selecting wrong ODC type of vehicle in the e-waybill.

CBEC clarifies - Dealer Registration not mandatory for transit sale

Bimal Jain 08 May 2015 at 10:32

Background: Vide Notification No. 8/2015-C.E. (N.T.), dated March 1, 2015, the following provisos were added to Rule 11(2) of the Central Excise Rules, 2002 (�the Excise Rules�) "Provided also that if the goods are sent directly to a

Limitation For Issuing SCN under section 73 enhanced

Pradeep Jain 09 March 2016 at 11:13

LIMITATION FOR ISSUING SCN UNDER SECTION 73 ENHANCED OrPROS AND CONS OF AMENDED SECTION 73It was proposed in the Central Excise Tariff Conference that the time limit for issuing show cause notice under normal period of limitation should be increased

UAE VAT - Important Definitions and their meaning

CA Deepak Bharti 17 August 2018 at 11:45

In the application of the provisions of this Decree-Law, the following words and expressions shall have the meanings assigned against each, unless the context o..

Certain changes in the Concessional Rate Notification on specified handicraft items from January 01, 2022 to align it with HS 2022

Bimal Jain 30 December 2021 at 20:32

The CBIC vide Notification No. 20/2021- Central Tax (Rate) dated December 28, 2021 has amended relevant entries of the Concessional Rate Notification w.e.f. January 1, 2022

Structure Innovative Banking Products.

Prakash Popat 20 September 2007 at 14:06

Market Capitalisation of single chinese state bank is greater than all banks of India(i.e Nationalised +private & all sundry co-operatives),Gone are the days when Indian Banks survived with illetimate means of recovery,traditional products associ

Salient features of new PMGKY Income Disclosure Scheme 2016

Manoj Agarwal 30 November 2016 at 10:52

Proposed Salient Features of Pradhan Mantri Garib Kalyan Yojna, 2016 for disclosing #blackmoney held as #cash or deposits1. Applicable for undisclosed income in..

Management Services that are not allowed to be provided by Statutory Auditors

CS Divesh Goyal 26 July 2021 at 09:35

Discussing the Restricted Services and Management Services that are not allowed to be provided by Statutory Auditors under the Companies Act, 2013 and the Chartered Accountants Act, 1949.

Section 80DD: Claim tax deduction on medical expenses for disabled persons

Pranab Banerjee 01 June 2023 at 09:06

Individuals or HUFs can claim an exemption under Section 80DD of the Income Tax Act for a disabled person who is wholly dependent on the Individual/HUF for support and services.

GST E-way Bill Inter and Intra State

Brijesh Pandey 23 April 2018 at 11:03

As we know Inter State E-way has already in effect from 1st Apr 2017 within all states, Now It's time for the Intra State movement as well. Karnataka was th