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All persons who ‎make taxable supply of goods or services or both on behalf of other taxable ‎persons whether as an agent or otherwise please ensure to get GST registration and pay GST on every ‎commission

Prepared by Adv Vinod Sharwa and FCA B.P. Mundra ‎ Pls visit www.bpmundraca.com All persons who ‎make taxable supply of goods or services or both on behalf of other taxable ‎persons whether as an agent or otherwise please ensure to…
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22, 24(vii), 9, Commission Agent, GST, Section 24, Turnover Criteria for Commission Agent

November 16, 2019

No incriminating material was ‎found during search that would have resulted in any addition in income returned by ‎assessee. It was also an uncontroverted fact that assessment consequent to return of ‎income filed u/s 139 for AY 2006-07 was completed. Thus, on date of search, no ‎assessment was pending which could have abated. It was a case of non-abated ‎assessment. No addition could be made in respect of assessments which became final if ‎no incriminating material was found during search.‎ CIT Vs. Murli Agro Products Ltd

Friends on Feb 28, 2019, PUNE TRIBUNAL hold that no incriminating material was ‎found during search that would have resulted in any addition in income returned by ‎assessee. It was also an uncontroverted fact that assessment consequent to return of…
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139, 153A, incriminating material, Pune Tribunal

November 16, 2019

On 4 March, 2019 ITAT- Cochin held that the Assessing Officer is not justified in ‎rectifying the mistake of debatable issue in the case of M/S.Trivandrum Club, Trivandrum vs ‎The Assistant Director of tax (Exemptions), Trivandrum.‎

Friends on 4 March, 2019 ITAT- Cochin held that the Assessing Officer is not justified in ‎rectifying the mistake of debatable issue in the case of M/S.Trivandrum Club, Trivandrum vs ‎The Assistant Director of tax (Exemptions), Trivandrum.‎ Under section 154…
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154, Debatable issue, rectification of mistake

November 16, 2019

any addition u/s 153A can be made only on the basis of incriminating material found during course of search.No addition can be made on the basis of papers / information submitted during proceedings. D ART FURNITURE SYSTEMS P. LTD. vs. DCIT

If (a) Returns for year under consideration has been processed u/s 143(1); and (b) Time period to issue notice u/s 143(2) has lapsed. then assessment stood completed as on date of search Therefore any addition u/s 153A can be made…
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153A, 153C, Delhi Tribunal, incriminating material

November 16, 2019

Since the assessee has shown more stock then physical stock found during search; therefore, no addition can be made on the basis of the undisclosed stock.

Friends it has been held that when the Search Party took the data from computer which according to assessee was not updated on the day of search then, it was duty of the A.O. to consider assessee’s submission when assessee…
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145(3), Allahbad high court, incriminating material, Physical stock found during search, Search and seizure

November 16, 2019

Cost of inflation index

November 16, 2019

For DIN, KYC and digital Signature in MCA, APPOINTMENT OF DIRECTOR

B. P. Mundra & Co.‎ Mobile 9314501680, 9314501791‎, 8561948425 Chartered Accountants ‎822 A, Mundra House, Shivaji Nagar, Near Hanuman Temple, Civil Lines, Jaipur‎-302006 Ph.No. (O) 2225110, 2225116, 2224085 bpmundra2@gmail.com url bpmundraca.com Dear Sir,‎ To appoint a director we need your…
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checklist, client, Digital Signature formalities, DIN formalities, formalities to be completed, KYC formalities, MCA, MCA, Papers required for filing

November 16, 2019

File Form INC- 22A on or before 25.O4.2O19 Active Company Tagging Identities and ‎Verification (ACTIVE).-‎ ‎1.‎ Every company incorporated on or before the 31st December,2017 shall file the ‎particulars of the company and its registered office, in e-Form INC- 22A -ACTIVE ‎‎(Active Company Tagging Identities and Verification) on or before 25.04.2019 ‎under Rule 25A of the Companies (Incorporation) Rules, 2O14. ‎For complete information pls click the link

Strictly for our clients only File Form INC- 22A on or before 25.O4.2O19 Active Company Tagging Identities and ‎Verification (ACTIVE).-‎ ‎1.‎ Every company incorporated on or before the 31st December,2017 shall file the ‎particulars of the company and its registered…
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INC 22A, MCA, Papers required for filing

November 16, 2019

Note sheet for CIT Appeal

CIT appeal note sheet

246, CIT APPEAL, client, Papers required for filing

November 16, 2019

Deduction on Donations or payment made 80G, 80GGA and 35

Donations or payment made 80G, 80GGA and 35

35, 80G, 80GGA, Articles, client, Papers required for filing, section 35, Section 80G, section 80GGA

November 16, 2019