Posted On:  1 month ago


The West Bengal Goods And Services Tax Act, 2017

WHEREAS it is expedient to make a provision for levy and collection of tax on intra- State supply of goods or services or both by the State of West Bengal and the matters connected therewith or incidental thereto

article author One Roof Consultant

Posted On:  5 months ago


Exempt Services under GST in India from May 2017

Services by Government or a local authority excluding the following services— (i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Government;

article author CA Chirag Chauhan

Posted On:  7 months ago


FAQs on Frontend Business Process on GST Portal

Goods and Services Tax Network (GSTN) is a not-for-profit, non-government company promoted jointly by the Central and State Governments, which will provide shared IT infrastructure and services to both central and state governments including tax payers and other stakeholders. The Frontend services of Registration, Returns, Payments, etc. to all taxpayers will be provided by GSTN. It will be the interface between the government and the taxpayers.

article author One Roof Consultant

Posted On:  7 months ago


FAQs on Inspection, Search, Seizure and Arrest under GST

As per law dictionary and as noted in different judicial pronouncements, the term ‘search’, in simple language, denotes an action of a government machinery to go, look through or examine carefully a place, area, person, object etc. in order to find something concealed or for the purpose of discovering evidence of a crime. The search of a person or vehicle or premises etc. can only be done under proper and valid authority of law

article author One Roof Consultant

Posted On:  8 months ago


Privilege Fees for a liquor License

The  privilege fees is  required to be collected, at the time of an extension / renewal of  an agreement after  the expiry of previous one. The Provisions in different rules under the Bombay Prohibition Act refer to the sanction of different types of agreements.  Rule 5A of  The Bombay Prohibition (privileges fees) Rules 1954 states that the fee payable by any licensee for the privilege of having the lease or sub-lease of his licence in Form ‘CL-I’ under the Maharashtra Country Liquor Rules, 1973 and in Form ‘PLL’ or ‘I’ under the Maharashtra Distilation of Sprit and Manufacture of

article author Varsha Kewalramani

Posted On:  9 months ago


Review of position of cash collection from current demand- Achievement of Action Plan target- CBDT

As you are aware, the Central Action Plan, 2016-17 has fixed the target of cash collection out of current demand as 20% of the current demand raised during the year. In this regard. a review of the current demand raised in various Regions up to November. 2016 was carried out and the position in respect of various Pr. CCsIT is given in the attached chart. It may be noted that at the all-India level, current demand of Rs.97,033 crore has been raised till November, 2016. after reducing the pre-paid taxes amounting to Rs.59,410 crore. At the rate of 20% of the net current demand, an amount of Rs.19.407 crore needs to be recovered collectively from demand raised till November. 2016.

article author One Roof Consultant

Posted On:  1 year ago


Appointment of Common Adjudicating Authority by DGRI

S.O. (E). – In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extra-ordinary, Part-II, section 3, sub-section (i), and as amended by notification No. 133/2015-Customs (N.T.), published vide number G.S.R. 916(E) dated 30th November 2015 in Gazette of India, Extra-ordinary, Part-II, section 3, sub-section (i), issued by the Government of India, Ministry of Finance, Department of Revenue, under clause (a) of section 152 of the Customs Act, 1962 (52 of 1962), the Director General, Revenue Intelligence, hereby appoints officers mentioned in column

article author One Roof Consultant

Posted On:  1 year ago


Supreme Court Judgement on Transfer of Flat to Nominee

Land Mark Judgement: Nominee of Deceased Member is absolutely entitled for the Ownership by transfer, Co-op. Soc can't challenge the right of Nominee a settled Law of the land. No legal heirship, court order or succession certificate is required. Please circulate, important for society members and  office bearers.

article author CA Chirag Chauhan

Posted On:  1 year ago


FAQs on Inspection, Search, Seizure and Arrest as per Goods and Service tax (GST)

As per law dictionary and as noted in different judicial pronouncements, the term ‘search’, in simple language, denotes an action of a government machinery to go, look through or examine carefully a place, area, person, object etc. in order to find something concealed or for the purpose of discovering evidence of a crime. The search of a person or vehicle or premises etc. can only be done under proper and valid authority of law.

article author CA Chirag Chauhan

Posted On:  1 year ago


FAQs on Frontend Business Process on GST Portal as per Goods and Service tax (GST)

Goods and Services Tax Network (GSTN) is a non-profit non-government company, which will provide shared IT infrastructure and service to both central and state governments including tax payers and other stakeholders. The Frontend services of registration, Returns and payments to all taxpayers will be provided by GSTN. It will be the interface between the government and the taxpayers.

article author CA Chirag Chauhan

Posted On:  1 year ago


Corrigendum to Notification No S.O.2380 (E) dated the 12th July 2016

In the notification of the Government of India, Ministry of Finance (Department of Revenue) number S.O.2380(E) dated the 12th July 2016, PUBLISHED IN THE Gazette of India, Extraordinary, Part – II, Section 3, sub-section (ii) dated 12th July 2016.

article author One Roof Consultant

Posted On:  1 year ago


GST - Game Changer

I have complied summary on GST. It will be worth to read.After a decade-long struggle, the Goods and Services Tax (GST), which has already been adopted by 160+ countries in some form or the other, sailed over the first of three hurdles when the Rajya Sabha unanimously adopted the Constitution Amendment Bill to facilitate its legislation.

article author Hitesh Shah

Posted On:  1 year ago


CBDT notifies 37 new districts as backward areas under section 32AD of the Income Tax Act 1961

CBDT notifies 9 districts in the State of Telangana, 11 Districts in the State of West Bengal and 17 Districts in State of Bihar as backward areas under the first proviso to clause (iia) of sub-section (1) of section 32 and sub-section (1) of section 32AD of the Income Tax Act 1961

article author One Roof Consultant

Posted On:  1 year ago


Allowances / Exemptions Under Income Tax Act,1961

Allowances and exemptions under Income Tax Act 1961 are useful for filing of ITR. Taxpayers are normally aware of deduction under the Income Tax Act,1961 for which they are eligible but it is noticed that taxpayers are found unaware of Taxability of Various Allowances and exemptions available to them under different sources of Income i.e. Salary , Business Income, House property other sources etc. In this article an effort been made to summaries’ Allowances /exemptions available to different categories of Tax Payers under Various sources.

article author Ashish Srivastava

Posted On:  1 year ago


Setting up of 65 Aayakar Seva Kendra (ASK) during Financial Year 2016-17

Accordingly, based on the recommendations of the Pr. CCsIT, the CBDT has approved setting up of 65 Aayakar Seva Kendras as per the enclosed list at Annexure-A in which the stations and the jurisdictional Pr. CCsIT, CCsIT and Pr. CsIT are mentioned. The advisory regarding setting up of ASK in Y. 2016-17 has already been included in the Annual Central Action Plan 2016-17 of the Income tax Department.

article author One Roof Consultant

Posted On:  2 years ago


Depreciation as per section 32 of income tax act,1961 (As updated with Finance act 2015)

Bare act portion of section 32 of Income tax act 1961 as updated with Finance act 2015

article author CA Nikesh Sheth

Posted On:  2 years ago


Professional Tax Rate State wise in India

Professional Tax Is subject matter of State in India. Each State decide Professional Tax amount depending upon gross amount of Income / Salary. Following is the State wise List of Professional Tax Applicable in India. Profession tax, or tax on employment, is levied by a state under article 276 of the Constitution. The amount paid, as Profession Tax, is however exempted while calculating the taxable income of the employee.

article author CA Chirag Chauhan

Posted On:  2 years ago


Know all about Payment of Gratuity Act,1972

Complete Act provides light on payment of gratuity with reference to Applicability of Gratuity, Calculation of Gratuity, Liability of Gratuity, Appeal provisions as per Payment of Gratuity Act,1972

article author CA Chirag Chauhan

Posted On:  2 years ago


List of benefits available to Startup and Small Business under Income Tax Act for Financial Year 2015-16 and Assessment Year 2016-17

Typically a startup and Small Business face many challenges. Compliance with Income Tax laws and rules is one of them. Government has provided various benefit to small business by simplifying procedure like Presumptive Taxation, direct deduction of various expenses, additional deprecation, required to maintain books of accounts and audit and TDS provision applicability. The following Table provides summary of benefits.

article author CA Chirag Chauhan

Posted On:  2 years ago


Brief Comparison between CARO-2003 & CARO-2015 & New Auditors Report Format

Brief Comparison between CARO-2003 & CARO-2015 & New Auditors Report Format

article author Prasanna Ojha