29
JulRWA charge monthly subscription for various services e.g. security, maintenance, electricity, water supply procured on for residents of residential society. In GST regime, exemption is available under point 11 of NN-12/2017-CT (R), to the services provided by unincorporated body or NPO (RWA) to its own members by way of reimbursement of charges or share of contribution up […]
28
JulThe Companies (Amendment) Ordinance, 2019 (“Bill”) is introduced to replace the second ordinance. Earlier, a bill to replace the first ordinance, the bill which passed in Lok Sabha in January 4, 2019 and which could not get through in Rajya Sabha, and hence the second ordinance was promulgated in February 21, 2019. This Bill is called as[…]
20
JulOn July 19, 2019, the Income Tax Department has issued a clarification that the taxpayers have an option to entre the aggregate value of long term capital gains or script-wise details whichever is preferred by them. To arrive at Schedule CG, details of long term capital gain as per section 112A in Schedule 112A and 115AD(1)(iii) in[…]
