Filling of returnsEvery dealer, registered under this Act, shall file return, in the prescribed form showing the total and taxable turnover within the prescribed period in the prescribed manner, along with proof of payment of tax. The tax under this ..
Introduction: This year�s overall Union Budget is just like an election budget- trying to please more of poor voters-nothing is wrong in it but schemes launched for them must be ..
Introduction:-EPCG scheme enables a Indian manufacturer all service provided to obtain capital goods at nil rate of customs duty against commitment of export obligation. The objective is to facilitate import of capital goods producing quality goods a ..
GST RETURNS: WHETHER A COMPLIANCE NIGHTMARE? By CA Madhukar N Hiregange & Adv. K.S.Naveen Kumar Introduction: A return is a mirror reflection of the state of financial affairs of an assessee for a specified period. It serves as an important link ..
PROLOGUE: The topic calling for a critical analysis is the Judgment of the SC rec ..
Settle past disputes & then move to GSTBy Madhukar N Hiregange, CA & K S Naveen Kumar, AdvocateA. Prelude:THERE are many disputes pending in the present indirect tax laws (both Central and State laws), which are at various stages viz., adjudication o ..
Registration process under Goods and Service Tax (GST) A. Prelude:The success of GST would depend to a large extent on a robust GST Network as it will be the medium of sharing information between t ..
Payments under GST - Business Process - By CA Madhukar N Hiregange & Adv. Naveen Kumar K S Introduction:The Joint Committee has submitted its report on various business processes in April 2015 and it was made public in October 2015. The report on ..
The write up is based on an old Supreme Court Case in the name of Commissioner of Income Tax, Patiala Vs RB Jodha Mal Kuthiala AIR 1966 SC 1433. The statute concerned is Income Tax Act, 1922 as amended by Income Tax (Amendment) Act, 1939 (1939 Act).F ..
Media reports and press statements by Government Officials seem to suggest that the Union Government is keen to introduce Goo ..