Popular Articles

How to reply to a Show Cause Notice in GST?

Mr. C SANJEEVA RAO 11 May 2020 at 10:56

Show Cause Notice is the first stage of litigation under any fiscal laws. While venturing to draft a reply to the show cause notice, three components should bear in mind which is Analysis of Show Cause Notice;Evidence or information and Grounds to issue Show Cause Notice; and Identifying the missing points in the Show Cause Notice.

TDS & TCS provisions Under GST

CA Rashmi Gandhi 27 March 2018 at 12:41

Tax deduction at source[Section 51] 1. Person liable to deduct TDS:The Government may make it mandatory for the following persons (deductor), to deduct TDS at ..

Knowledge is Power

Krutesh Patel 29 March 2010 at 11:31

Knowledge is power The students of a leading science school of Gujarat were having a discussion with a very famous Gujarati Scientist who had been awarded the Udyog Ratna Award by the President of India. He was giving satisfactory replies to all the

Auto Population of details in Form GSTR 3B from Form GSTR 1 and GSTR 2B

Rohit Kumar Singh 21 December 2020 at 09:56

A thorough reconciliation is required on a periodical basis (monthly or fortnightly) for eliminating any eligible credit being left out of a claim of excess ITC.

A solution for debt crisis - Print Money

Fahim 20 April 2011 at 11:36

How many of us have ever got this question in our mind If a country is indebted, why should it not print currency notes and settle the debt? I had this doubt for quite some time and it has been a while since it got clarified. For p

Some more Questions on ITR

CMA Gul S 25 September 2007 at 15:51

31. The assessee who is under presumptive taxation scheme i.e. "no accounts case", what he should write for sundry debtors, sundry creditors, stock in trade, cash balance, gross profit as he may not have all these details since he is not maintaining

Why is Insurance Mis-Sold in India?

Prof. Bajaj 16 January 2012 at 12:23

Come on !! If you are a really good friend of mine, you ought to buy a life insurance policy from me Sounds Familiar ?? How many times we keep hearing this argument from a close friend (?) or a relative to buy an insurance policy fro

Govt. invites suggestions for Union Budget 2015

Bimal Jain 05 November 2014 at 10:38

In the context of formulating the proposals for the Union Budget of 2015-16, the Ministry of Finance vide MOF DOR TRU letter in F. No. 344/20/2014-TRU dated October 27, 2014 has invited suggesti

Lets plan new financial year

CA Umesh Sharma 31 March 2015 at 11:06

Karneeti Part 82Lets Plan New Financial Year by following Jai HanumanArjuna (Fictional Character): Krishna, on 4th April, 2015 Hanuman Jayanti will be celebrated. So, if correlation of Hanumanji Chara