Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
PROFESSION TAX AMENDMENT
PROFESSION TAX AMENDMENT Kindly note that section 3(2) of Maharashtra Profession Tax Act has been amended w.e.f. 1st April 2018 (Notification no.XXVI of 2018 dated 31st March 2018 and accordingly a Limited Liability Partnership (LLP) is required to obtain Profession Tax Enrollment Number (PTEC) and shall
Major Tax relief to Flipkart-
Major Tax relief to Flipkart- Tribunal rules in favour of Flipkart in ₹110 crore tax case The Income Tax Appellate Tribunal (ITAT) has ruled in favour of Flipkart in a ₹110 crore tax demand case. It has rejected the tax department’s argument that discounts given
Orders of the Supreme Court, High Courts and CESTAT accepted by the CBEC
Orders of the Supreme Court, High Courts and CESTAT accepted by the Central Board of Excise and Customs (CBEC) The Central Board of Excise and Customs has issued Circular No. 1063/2/2018-CX dated 16.02.2018. On the subject “Orders of Supreme Court, High Courts and CESTAT accepted
Quick view of Finance Budget, 2018
Quick view of Finance Budget, 2018Â Finance Minister Arun Jaitley proposed to tax long term capital gains exceeding Rs 1 lakh at 10 per cent without indexation. * Electronic IT assessment will be rolled out across the country, leading to greater efficiency and transparency: FM
Notification 1/2018: Composition tax rate
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 1/2018- Central Tax New Delhi, the 1st January 2018 G.S.R. (E).- In exercise of the powers conferred by sub-section
CA Shafaly GirdharwalKey Highlights of Mid Term Review of Foreign Trade Policy 2015-20
1) Increase in incentives by 2% Export incentives under Merchandise Exports from India (MEIS) have been increased by 2% across the board for labour intensive MSME sectors leading to additional annual incentive of Rs 4,567 cr. This is in addition to already announced increasein MEIS
CA Shafaly GirdharwalSimplified Version of Executive Regulations on Federal Tax Procedures of UAE
Write up on Executive Regulations of Federal Law No: (7) of 2017 on Tax Procedures of UAE  AFA (UK), MIPA (Australia), AAIA (UK), AFTA (UK) The UAE Cabinet has approved the Executive Regulations of Federal Law No 7 of 2017 on Tax Procedures (FTP) vide Cabinet
CA Manoj AgarwalSimplified Version of Executive Regulations on Federal Tax Procedures of UAE
Write up on Executive Regulations of Federal Law No: (7) of 2017 on Tax Procedures of UAE  AFA (UK), MIPA (Australia), AAIA (UK), AFTA (UK) The UAE Cabinet has approved the Executive Regulations of Federal Law No 7 of 2017 on Tax Procedures (FTP) vide Cabinet
CA Manoj AgarwalCommon Mistakes that You can Make While Filing Income Tax Return
Income Tax Return Season of income tax returns has commenced. You need to show your Income to Income Tax Authorities on or before 31st July. By now, you must have received Form-16 and an instruction to file the returns as soon as possible from HR
hardiklashkariNew Income Disclosure Scheme by Manoj Agarwal
Proposed Salient Features of New Income Disclosure Scheme for disclosing black money  held as cash. This new income disclosure scheme is proposed to be passed in parliament. 1.This income disclosure scheme will be applicable for undisclosed income in the form of Cash or deposits (including
An open Letter to Arvind Kejriwal by CA Mehul Shah
An Open letter to Arvind Kejriwal by CA Mehul Shah to explain the probable Logic behind issuing New 2000 Rupee Note instead of 1000 Rupee Note. Sir, I am a practising Chartered Accountant aged 28 in Surat and I was very hopeful that you would support
GST ComplianceHow GST is going to make an adverse impact on service sector
We all know that GST is going to be a biggest reform but it’s not a win win situation for everyone. Especially the service sector is going to face some heat because of GST. Let us discuss some important points that are going to hurt
CA Shafaly Girdharwal