Aarvisolutions https://validator.w3.org/feed/docs/rss2.html Replacement of damaged parts of plant and machinery was revenue exp. if no new asset came into existence No waiver of Sec. 234B/234C interest if advance tax wasn’t paid on undisclosed income admitted during survey Implication of GST on CSR Expenses Companies may send notice of EGM through e-mail to its members during COVID-19 pandemic Authority to consider assessee request of refund of IGST paid on exports but failed to mention in shipping bills COVID-2019 Impact: Status of “10% ITC rule for availment of ITC” Kerala HC directed assessee to file additional memorandum of grounds as appeal filed by it was defective Govt. issues Sovereign Gold Bond Scheme 2020-21 Case Results Compliances for Semi-Closed Wallets In India Updated Statutory & Regulatory Relief to businesses | COVID-19 Lockdown GST & IDT UPDATE SEBI provides additional relaxation to intermediaries for equivalent period of lock down declared by Govt. Alert for Input Service Distributors (ISDs), for data in SAVE stage in their Form GSTR 6 Challenges faced by taxpayers in GST due to COVID-19 clarified by CBIC Recommendations of the 49th GST Council Meeting DVDs/CDs supplied with software to use it as application are not ‘e-books’, ineligible for 5% GST ITC on Construction and Works Contract Services GST Implications in Joint Development Agreement Involving Sale of Plotted Land Agricultural Income under Income Tax Act, 1961 GST Inclusions of Online Gaming Industry in Regime MCA relaxes norms related to transfer of unclaimed money to IEPF a/c due to Covid-19 Capital and debt market services shall continue to operate as per revised guidelines by MHA: SEBI Advance ruling application rejected for being incomplete & non-deposit of required fees Sale of under construction building under ‘Business Transfer Agreement’ is supply of service, exempt from GST AO couldn’t insist Bank to remit tax dues of assessee until he disposed of application seeking stay on recoveries Clarification in respect of certain challenges faced by the registered persons in implementation of provisions of GST Laws Welcome to Aarvi Solutions About Payment Methods Contact 52nd GST Council Meeting- Updates News AGM through video-conferencing for private companies MCA Relaxation on Holding of AGM Key highlights of Fifth tranche of measures announced by the Finance Minister Corporate restructuring in response to COVID-19 Five announcements on EPF and income tax made by FM Nirmala Sitharaman CBDT notifies reduced TDS/TCS rates applicable from May 14, 2020 Five income tax relaxations that you need to know Separate GST registration for companies undergoing CIRP: Critical Analysis Auctioning of right to collect charges for conducting pooja by religious institution is a service, taxed @ 18% GST Transitional Credit: Amid of contradictory judgements, Govt. notifies retrospective amendment to Section 140 Natural Justice in GST Laws Penalty for Fake Entry, etc., in Books of Account Refunds amounting to Rs. 26,242 crore issued since 1st April, 2020 ITC of tax paid on expenditures incurred to combat COVID-19 – A sigh of relief or a matter of concern COVID-19 together with new Tax Regime – Silver Lining for “Make in India” Taxation of amount received by a partner for reduction in profit sharing ratio Removal of defect u/s 139(9) in return dates back to original return