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Whether GST is leviable on royalty or not?

  CS Advocate Abhishek Goyal    15 June 2022 at 08:53

Royalty is the consideration which is charged by the state government from mine owners on account of excavation from mines which belong to state government.



RBI Digital Currency Myths & Reality

  Praved Goud    15 June 2022 at 08:53

Many people are getting confused between cryptocurrency and digital currency. So are they the same? ; What is the difference between the two? ; Do we need them?  What are all the Myths & Reality surrounding to it? Lets us discuss them in a brief manner.



How to draft reply to ASMT 10 in case of mismatch between 3B and 2A

  CS Advocate Abhishek Goyal    14 June 2022 at 16:45

It is seen that most of the scrutiny proceedings are initiated on the basis of alleged mismatches between the ITC claimed in GSTR-3B and that reflected in 2A for the FY 17-18 in particular. The department has been issuing ASMT-10, DRC-01A and DRC-01 in such cases based on relevant provisions of the Act.



Input tax credit on insurance expenses under GST

  CA Roopa Nayak    14 June 2022 at 15:08

In this article the paper writer has examined the major kinds of insurance expenses incurred by the taxpayer and the restrictions and eligibility to the credit thereof, relevant decisions in this context as well.



Actuarial Valuation for Accounting of Gratuity Benefits: AS 15 & Ind AS 19

  Rajesh Kumar    14 June 2022 at 08:55

Actuarial Valuation is required for Accounting of Gratuity Benefits in compliance of Ind AS 19 & AS 15 (Revised 2005) by Indian Public, Private and Multinational Companies



Important Updates and Due Date Compliances under GST for June 2022

  Tarun Kr. Gupta    13 June 2022 at 09:52

Important clarifications/ amendments issued by the Government on GST in May/ June 2022 along with compliance timelines in June 2022



Role of resolution professionals /liquidators in respect of avoidance transactions

  FCS Deepak Pratap Singh    13 June 2022 at 09:07

The main objective of the Code,2016 is to restructure and resolve insolvency of corporate persons, partnership firms and individuals promptly for leveraging the maximum value of assets of such persons. While proceeding therewith to also promote the entrepreneurship as well as accessibility to credit.



Reduction of tax outgo for Home Buyers

  Affluence Advisory    11 June 2022 at 17:25

In a recent decision of Gujarat High Court in case of Munjaal Manishbhai Bhatt vs UoI & Ors. High Court held that value of land can be excluded from levy of..



The Married Women's Property Act, 1874: Provision Related To Insurance Proceeds

  FCS Deepak Pratap Singh    11 June 2022 at 16:25

MWP Act 1874 played a crucial role in protecting the future of the families.



Feeling of nothingness

  Aarti Maurya    11 June 2022 at 12:24

Questioning your abilities will never bring peace to you. Working on your own betterment and skills will definitely make you a better version of yourself. After sitting with your feeling in an empty room, try to explore yourself. Connect with your loved ones and talk what you feel.