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OnlineTaxUpdate.com
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November 25th, 2021
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Dear reader
Please find an update as below:
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By, M.S.VIJAYAKUMAR, ASSISTANT COMMISSIONER GST (RETD.) Introduction Goods and Services Tax (GST) is a system where one person determines the tax and pay the tax by self-assessment. When the tax is paid by doing self-assessment, there is likely to be a chance that the tax may be short paid without any malice intention or there may be also a chance that the …
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By, Abhishek Raja Ram, CA in Practice, Abhishek Raja and Associates Section 70 of Central Goods and Services Act 2017 – Power to summon persons to give evidence and produce documents. (1) The proper officer under this Act shall have power to summon any person whose attendance he considers necessary either to give evidence or to produce a document or …
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Author: Abhishek Raja Ram
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By, CA. S S Quadri, B. COM (H), FCA, DIRM (ICA), ISA (ICA), MDBA, LLB, S S Quadri & Co., Chartered Accountants This write up is to know about NGOs in brief and its taxability in different aspects. NGO Stands for Non-Governmental Organisations. NGO is also known as NPO ie Non-Profit Organisations. In general these are commonly known as “Trust” …
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