Banks used to take advantage of the provisions of SARFAESI Act, 2002 earlier in taking possession of the secured asset even when the tenant was in possession of the property. Absolutely, there is no difficulty in taking the possessio
Like existing provision of law every taxable person shall self-assess the tax in the Goods and Service Tax regime also. The tax departments don't have direct co...
Whether reimbursement of food expenses from employees for the canteen provided by company comes under the definition of outward supplies as taxable under GSTAct...
As rate of Service Tax has increased to 12.36% from existing rate of service tax 10.30% from 01.04.2012 so here I am sharing the point of taxation (POT) in such circumstances which must be considered by assessee while issuing invoice. Service was
A derivative is nothing but a bet. We in our daily lives enter into a derivative contract (place a bet) without even knowing about it, say while watching a cricket match. To make you familiar with one of the derivative contract let me give you an exa
Whether it is for our work or as a hobby or to improve our subject knowledge, every one of us writes a lot. So we require effective writing skills. These skills wont come overnight,
In previous article Direct Tax CA Final (old), Nov 2018 attempt Why it was toughest paper so far?, we have drawn following conclusions:-(1) Weightage o
Under the new Ind AS 115, construction contract is treated exactly the same way as any other contract with customers.As per Para 9 of Ind AS 115�An entity
The negative list of taxing services has hailed complexities in determination of the jurisdiction of the statute for taxation of services. The emphasis for taxing services is on the provision of services in the taxable territory. However, due to
For Enrolment of the Existing Taxpayer on the GST System Portal
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English