CAclubindia News

GST intelligence officer arrests man for fraudulently passing ITC of Rs 16.54 crores

28 June 2019 at 11:42

The Regional Unit, Rohtak of the Directorate General of GST Intelligence (DGGI) arrests one person who was found involved in issuing fake invoices from various firms without actual movement of goods having taxable value of Rs. 146.62 crore and fraudu

Posted in GST | 4161 Views

Difficulty in amending invoices reported in Form GSTR 1 for FY 2017-18

28 June 2019 at 11:40

1. Some taxpayers have reported that they are not able to amend the invoices reported in their Form GSTR 1, pertaining to financial year 2017-18.2. In this context attention of taxpayers is brought to point number 3 of the Removal of Difficulty Order

Posted in GST | 14 comments | 26097 Views

MCA Circular on Filing DIR-3 KYC under the Companies Act 2013

28 June 2019 at 11:40

General Circular No. 07/2019 F.No.01/22/2013-CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor, 'A' Wing Shastri Bhawan, Dr. R.P. Road, New Delhi Dated: 27.06.2019 To All Regional Directors, All Registrars of Companies, All St

Posted in Corporate Law | 6732 Views

Need for uniformity in filing of form DPT-3 procedure : ICSI

28 June 2019 at 11:40

General Circular No.07/2019F.N o.01/22/2013-CL-VGOVERNMENT OF INDIA MINISTRY Of CORPORATE AFFAIRS5th Floor, �A� Wing Shastri Bhawan, Dr. R.P. Road, New DelhiDated: 27.06.2019ToAll Regional Directors,All Registrars of Companies,All Stakeho

Posted in Corporate Law | 3141 Views

Important points to note before filing ITR

27 June 2019 at 11:18

Taxpayers are requested to note the followings in connection with pre-filling of ITRs-1. Pre-filling of ITR is only for the taxpayer's convenience. Taxpayers should verify the pre-filled data carefully and add any other taxable income which is no

Posted in Income Tax | 4 comments | 8202 Views

Registration process under GST linked with SPICe-AGILE form of MCA

27 June 2019 at 11:18

Normal and Composition taxpayer can now apply for GST registration, while applying for incorporation of company on MCA Portal. Thus, once a new company applies for its incorporation/ registration with MCA, they can also apply for registration under G

Posted in Corporate Law | 3819 Views

New Task Force to Review Income Tax Act, 1961

27 June 2019 at 11:18

F No 370149/230/2017 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) New Delhi, June 24, 2019 OFFICE ORDER In order to review the existing Income-tax Act, 1961 and to draft a new direct tax

Posted in Income Tax | 5817 Views

Expectation from Union Budget 2019- Increase in Defence Budget

27 June 2019 at 11:18

Replacement of ageing and obsolete defence equipment is part of modernisation of Armed Forces which is a continuous process based on threat perception, operational challenges, technological changes and available resources. The process is based on a

Posted in Union Budget | 1 comments | 3111 Views

702 start ups given Angel Tax Exemption

27 June 2019 at 11:18

Startups receiving investments from Ventures Capital Fund are exempt from taxation as per provision of Section 56, (2) (vii b) of Income Tax Act 1961 (Act). Angel Fund is sub category of Ventures Capital Fund under Category-I Alternative Investment F

Posted in Income Tax | 2127 Views

Clarification on Auditor certificate on return of deposit DPT3 : ICAI

26 June 2019 at 13:07

Clarification on Auditor�s Certificate on Return of Deposits pursuant to Rule 16 of the Companies (Acceptance of Deposits) Rules, 2014 This has reference to Rule 16 of the Companies (Acceptance of Deposits) Rules, 2014 and further amendments. I

Posted in Audit | 5814 Views