Income tax on trust

Incidence of Income tax on Trust Indian Trust Act 1882 is an act related to private trusts and trustees.Public charitable trust can be formed by registering as a trust by executing a trust deed or as a society under the registrar of societies.Private charitable societies can be formed under sec 8 of companies act 2013. […]


Due Date Extension of ACTIVE Form INC-22A

 Due Date Extension of ACTIVE Form INC-22A The Ministry of Corporate Affairs,GOI, has made it mandatory for all companies registered before 1.1.2018 to file Active Form 22A on or before 25.04.2019 which is now extended to 15th June 2019. The rule 25A (!) and (2) of the Companies (Incorporation) Rules 2014 are accordingly changed.  


GST news

GST Council clears transaction plan for tax cut


Companies (cost records and audit) Amendment Rules, 2018 Dated 3.12.2018

Companies (cost records and audit) Amendment Rules, 2018 Dated 3.12.2018   GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 3rd December, 2018 G S R………………… (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 and section 148 of the Companies Act, 2013 (18 of 2013), the Central Government hereby […]


Notification to amend rule 96(10) Central Goods and Services Tax Rules, 2017.

This notification amends rule 96(10) to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports and align rule 89(4B) to make it consistent with rule 96(10) In the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), in rule […]



Advisory for Taxpayers to file Refund for Multiple Tax period

Advisory for Taxpayers to file Refund for Multiple Tax period 16/10/2018 Refund application filing for multiple tax period is available for below grounds of refund: a.Export of Goods & Services-Without payment of Tax b.Export of services with payment of tax c.Supplies made to SEZ Unit/SEZ Developer-Without payment of Tax d.Supplies made to SEZ Unit/SEZ Developer-With […]


New releases on GST Portal, as on 12.10.2018

New releases on GST Portal, as on 12.10.2018 Given below is update for you, on new functionalities, which were made available on GST Portal, recently: (A) Refund: Application for Refund can now be filed for multiple tax periods, in following refund cases : 1. Export of services with payment of tax with facility to upload […]


New releases on GST Portal, as on 12.10.2018

New releases on GST Portal, as on 12.10.2018 Given below is update for you, on new functionalities, which were made available on GST Portal, recently: (A) Refund: Application for Refund can now be filed for multiple tax periods, in following refund cases : 1. Export of services with payment of tax with facility to upload […]


Rate of exchange of conversion with effect from 5th October, 2018

Rate of exchange of conversion the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 5th October, 2018, be the rate mentioned against it in the corresponding entry in […]