Rationalization of provisions of TDS on sale of immovable property In order to remove inconsistency, it is proposed to amend section 194-IA of the Act to provide that in case of transfer of an immovable property (other than agricultural land),…
In this part, we shall discuss the clause (b) and clause (c) of Section 7 of the CGST Act 2017 Section 7, (For the purpose of this section, supply includes………As per clause (b ) of Section 7 of the CGST…
Under the Indirect taxes mechanism, the taxes are levied at every stage of value addition. This is applicable in case of supply of goods as well as services. Thus it is important to understand that tax and the value addition…
The determination of taxability of transactions, involving multiple goods or services or a combination of goods and services has always been a challenging aspect under the indirect taxes. As far as the Pre-GST regime was concerned, the taxable events like”…
The online platforms like Quora, Reddit and similar other are overflowing with questions like – Do I need a GST number for my small business? Who are liable to register under GST in India? How to register for GST in…
GST stands for Goods and Service Tax, a new tax reform to be implemented from 1st July, 2017.The new tax system will affect businesses and individual buyers to large extent due to many structural changes and ambiguities regarding the new system prevalent…
Tax payment is not that difficult when you are earning but preparing the income tax statement is surely painful. The stress involved with calculating and filing income tax is quite high and hence the tax preparers can check for the…
Income tax management is the key requirement of the business and hence every business establishment faces lot of time and work force issues while managing the taxation well. The individuals and corporates both have to file their income tax returns…
Every new product comes with its advantages and disadvantages but this competitive Income Tax computation software will offer you only benefits. This ITR software is designed as per the latest trend of automation and hence all your tasks related to…
Are you finding it difficult to cop up with the stress associated with work flow management? Is your team demotivated and stressed due to the tasks assigned to them? Do you want your projects to get completed before deadline? If…
