This act was established to prevent any kind of exploitation on the factory workers by the owners and was created to defend the rights and interest of the employees. As per this law, it is mandatory to assure some sort of working conditions fixed by both the employers or the… Continue reading
INCOME TAX CASES:- JUDGEMENT ON PENNY STOCK IN THE FAVOUR OF ASSESSEE 1. *Amar Nath Goenka and ors v. ACIT (ITA No. 5882/D/18) (ITAT, Delhi) (12/12/2018) SECTION 10(38) AND SECTION 68 – LONG TERM CAPITAL – PENNY STOCK ASSESSEE DISCHARGING THE ONUS BY PLACING ON RECORD VARIOUS DOCUMENTARY EVIDENCES –… Continue reading
Most Urgent सभी व्यापारी ध्यान दे की दिनांक 20-Dec-2017 से राजस्थान में निम्नलिखित वस्तुओ के अन्तर्राज्जीय movement पर E-way बिल लगाना अनिवार्य है यदि वस्तुओ का मूल्य Rs. 50000/- से अधिक है वस्तुओ की सूचि निम्न प्रकार है. 1. All kinds of furniture including molded furniture. 2. All kinds of… Continue reading
Recently most entrepreneurs have started opting for Limited Liability Partnership, considering it has most positive features of Partnership and Companies. It is hybrid form, which incorporates benefits of both partnership and companies. It has the following features: The liability of each partner agrees limited to the contribution mention. The cost… Continue reading
It is seen that based on the concerns raised by various exporters, government has immediately acted upon and created a mechanism in GST portal enabling exporters to claim refund of the taxes paid. This step has been widely appreciated and exporters are at ease as their issue of working capital… Continue reading
In the recently held GST council meeting, Government has taken some bold decisions, one among them is the waiver for supplier of goods to pay GST on the advances. This is a big booster for manufacturing and trading community wherein the compliance burden would come down. We urge government to… Continue reading
As per section 24 of the GST law, it is stated that a person need to mandatorily take registration if he makes even one transaction of inter-state supply and the basic threshold exemption limit of Rs. 20 lakhs would not be applicable. This provision is very harsh for small businesses… Continue reading
As per the outcome of the recently held GST council meeting, it is stated that “The time period for filing GSTR-2 and GSTR-3 for the months of July, 2017 to March 2018 would be worked out by a Committee of Officers.” Presently, there is no clarity among the industry, trade and… Continue reading
It is noted that many advertisements, messages are being published in newspapers, social media etc. that benefit of GST needs to be passed on and stern action will be taken if the same is not complied with. It is noted that the present law in respect of anti-profiteering is very… Continue reading
No since it is also in relation to employment. As supported by CBEC education guide dated 20.06.2012.