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Transition into the new GST regime - Part 1
Jun. 14, 2019
This ripple is based on the CBIC press release published on June 11 2019. In the press release, the CBIC has clarified major queries like the introduction of a new offline tool to help users file their returns with ease, the introduction of a new GST return (FORM GST RET-1) and two annexures (FORM GST ANX-1 for uploading invoices and FORM GST ANX-2 for viewing and downloading the inward supply of invoices), and some instructions to the small and ...
Transition into the new GST regime - Part 1
Jun. 14, 2019
This ripple is based on the CBIC press release published on June 11 2019. In the press release, the CBIC has clarified major queries like the introduction of a new offline tool to help users file their returns with ease, the introduction of a new GST return (FORM GST RET-1) and two annexures (FORM GST ANX-1 for uploading invoices and FORM GST ANX-2 for viewing and downloading the inward supply of invoices), and some instructions to the small and ...
Transition into the new GST regime - Part 1
Jun. 14, 2019
This ripple is based on the CBIC press release published on June 11 2019. In the press release, the CBIC has clarified major queries like the introduction of a new offline tool to help users file their returns with ease, the introduction of a new GST return (FORM GST RET-1) and two annexures (FORM GST ANX-1 for uploading invoices and FORM GST ANX-2 for viewing and downloading the inward supply of invoices), and some instructions to the small and ...
The date of filing form 24Q for FY2018-19 got extended.
Jun. 03, 2019
The Central Board of Direct Taxes (CBDT) has issued an order u/s 119 of the Income tax Act today. CBDT has extended the date of filing form 24Q for the financial year 2018-19. The new date of filing is Jun 30 2019.The order reference is F.No.275/38/2017-IT(B).
ITAT held: Addition of bogus F&O losses for Client Code Modification misuse
Jun. 20, 2019
Held: ITAT Mumbai has confirmed the addition of fictitious F&O losses being inflicted by misusing the Client Code Modification (CCM). The ITAT also confirmed the addition in respect of Commissions to the tune of 1% of the stated fictitious losses in the hands of the Assessee (LLP). ITAT Mumbai also upholds re-assurement for AY 2010-11 (within a 4 year period)
The Government has told its 15 senior tax officials to leave their office.
Jun. 20, 2019
The Indian government has been moving towards zero tolerance for corruption. The government has been taken action against the government servant on the account of corruption and professional misbehaviour.
Transition into the new GST regime - Part 2
Jun. 14, 2019
This ripple is based on the CBIC press release published on June 11 2019. In the press release, the CBIC has clarified major queries like the introduction of a new offline tool to help users file their returns with ease, the introduction of a new GST return (FORM GST RET-1) and two annexures (FORM GST ANX-1 for uploading invoices and FORM GST ANX-2 for viewing and downloading the inward supply of invoices), and some instructions to the small and ...

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