Demand and Recovery under GST Act (Model Version) are basically laid down for the department, for providing them a framework in order to raise a demand on non-payment of... Read More
Akanksha
FAQs on TDS Certificates issued by employers
3 min read
A working person not only goes through the daily hassles but also has a lot more attached with doing a job. Depending upon the kind... Read More
Commercial Lease under Goods and Service Tax
3 min read
Implementation of Goods and Services Tax in India will significantly impact the taxation of commercial lease. Presently, the tax structure in India is origin based.... Read More
Demonetization of Rs. 500 and Rs. 1,000 currency notes has not only taken the Indian citizens by surprise but also created quite a situation for... Read More
Don’t do any of these 18 type of transactions traceable through your Quoting of PAN number
3 min read
Hiding black money has now become difficult with the Indian government’s recent demonetization drive wherein it has mandated the Quoting of PAN for cash deposits... Read More
Prosecution Prosecution is the institution or commencement of legal proceeding; the process of exhibiting formal charges against the offender. Section 198 of the Criminal Procedure... Read More
Offences and Penalties (Section 66) Offences have been prescribed under GST Law on which penalties may be imposed by departmental authorities in terms of Section... Read More
Inspection, Search, Seizure & Arrest under GST are undoubtedly those powers assigned to the officers who can make or break it. To protect the interest... Read More
ASSESSMENT UNDER GST Chapter XII of the model GST Act provides the procedure for assessments under the GST regime. The following types of assessments are... Read More
Black money is basically the money that has not gone under the scrutiny of the tax department and somehow has been kept aloof from money... Read More