Thank you!

We’ll respond to your request shortly. In the meantime….

Get our best advice, every week

Every week, 200000 entrepreneur wait to hear from us on best of GST, Income tax, Company Law and other important updates. It is the V J M & Associates LLP newsletter. Subscribe below or connect with us on Linkedin, Facebook, Twitter or youtube.

Just want to received updates from us

Subscribe the list of more than 200000 subscribers

Read on Goods and Service Tax

Transition Plan | New GST Return Implementation
Transition Plan | New GST Return Implementation

Transition Plan | New GST Return Implementation

Sachin Jindal 12/06/2019 Blog Goods and Service Tax GST Returns 0

Implementation of new GST Return formats was finalized in 31st GST Council meeting and earlier it was decided to implement the same from April, 2019 onward on trial basis and from July, 2019 onwards on compulsory basis. However, implementation could not be made in such

Read More
Clarifications on filing of Annual Return (FORM GSTR-9)
Clarifications on filing of Annual Return (FORM GSTR-9)

Clarifications on filing of Annual Return (FORM GSTR-9)

Kapil Mittal 12/06/2019 Blog Goods and Service Tax GST Audit GST Returns 0

The last date for filing of Annual return in FORM GSTR-9 is 30th June 2019. The trade and industry have raised certain queries with respect to filing of this Annual return which are being clarified as follows: Information contained in FORM GSTR-2A as on 01.05.2019 shall be auto-populated in Table

Read More
Admissibility of Input tax Credit on construction of immovable property when used for renting
Admissibility of Input tax Credit on construction of immovable property when used for renting

Admissibility of Input tax Credit on construction of immovable property when used for renting

Kapil Mittal 12/06/2019 Blog Goods and Service Tax Input Tax Credit 0

Judgment of Hon’ble High Court of Orissa in the matter of M/s Safari Retreats Private Limited interprets provisions of Section 17(5)(d) of CGST Act, 2017 to check admissibility of Input Tax Credit paid on procurement of goods or services used for construction of immovable property

Read More
Sustainability of First Information Report (FIR) under IPC for offence committed under GST Law
Sustainability of First Information Report (FIR) under IPC for offence committed under GST Law

Sustainability of First Information Report (FIR) under IPC for offence committed under GST Law

Sachin Jindal 12/06/2019 Blog Goods and Service Tax 0

Judgment of Hon’ble Allahabad High Court in the matter of M/s Govind Enterprises Vs. State of U.P. and other has analyzed sustainability of FIR lodged for prosecution under Indian Penal Code for an offence committed under Central goods and Service Tax Act. Hon’ble high court

Read More
Once the High court order issues, GST officer bound to accept manual GST refund application
Once the High court order issues, GST officer bound to accept manual GST refund application

Once the High court order issues, GST officer bound to accept manual GST refund application

Kapil Mittal 12/06/2019 Blog Exports of Goods and Services Goods and Service Tax GST Refund 0

In the recent judgement, Delhi High court made it clear that once order of the High Court was issued, the GST officer was bound by the same to accept manual GST refund application from the taxpayer. Delay in processing of refund claims and grant on

Read More
Input tax credit of rejected refund amount can be taken manually by taxpayer if not recredit by tax authorities
Input tax credit of rejected refund amount can be taken manually by taxpayer if not recredit by tax authorities

Input tax credit of rejected refund amount can be taken manually by taxpayer if not recredit by tax authorities

Kapil Mittal 12/06/2019 Blog Exports of Goods and Services Goods and Service Tax GST Refund Input Tax Credit 0

Where rejection of refund claim by the GST authorities, the rejected ITC should be recredit to Input tax credit ledger of taxpayer for utilisation. However Since there is no mechanism to do so, this resulted in certain difficulties to taxpayers in cases where the existing

Read More
National Anti-Profiteering Authority rules on passing on benefits of lower GST rate to home buyers
National Anti-Profiteering Authority rules on passing on benefits of lower GST rate to home buyers

National Anti-Profiteering Authority rules on passing on benefits of lower GST rate to home buyers

Sachin Jindal 11/06/2019 Blog Goods and Service Tax Industries Profiteering Real Estate 0

Table of Content1 Introduction2 Facts3 Examination by DGAP4 Submissions of the Developer before DGAP5 Observations of DGAP6 Submissions of the Developer before NATIONAL ANTI-PROFITEERING AUTHORITY7 Ruling of the NATIONAL ANTI-PROFITEERING AUTHORITY Introduction The NATIONAL ANTI-PROFITEERING AUTHORITY ruled that profiteering should be determined at the point

Read More
Verification of Transitioned Credit – Snapshots
Verification of Transitioned Credit – Snapshots

Verification of Transitioned Credit – Snapshots

Sachin Jindal 24/05/2019 Blog Goods and Service Tax GST Circulars Information 0

CBEC has issued a detailed circular no. D.O.F. No. 267/8/2018-CX.8 on Verification of Transitioned Credit to GST through Form TRAN-1. Key aspects are stated below:  Credit verification to be remain the primary focus area during Fy 18-19. Credit verification to take place by CGST authorities even

Read More

Read on Company Act

Reporting about beneficial interest in shares | MGT 6
Reporting about beneficial interest in shares | MGT 6

Reporting about beneficial interest in shares | MGT 6

Kavit Vijay 07/06/2019 Blog Company Law 0

Shareholders are considered as owner of the company as they invest money into the business and as per Companies Act, 2013 (“The Act”), shareholders are entitled to various rights such as voting right, right to dividend etc. However, in certain cases, person holding shares in

Read More
Annual Return of Dormant Company | Form MSC 3
Annual Return of Dormant Company | Form MSC 3

Annual Return of Dormant Company | Form MSC 3

Kavit Vijay 07/06/2019 Blog Company Law 0

We usually came across many such companies which are not having any operations since incorporation or which ceased to have operation from certain period of time. Companies Act, 2013 (“The Act”) provides provision of Dormant company to deal with such kind of companies. Companies Act,

Read More
Intimation of appointment of cost auditor | CRA-2
Intimation of appointment of cost auditor | CRA-2

Intimation of appointment of cost auditor | CRA-2

Kavit Vijay 07/06/2019 Blog Company Law 0

Companies Act, 2013 prescribes various types of audit based on nature of activities carried out by the company such as Internal Audit, Audit of Financial statements, Cost Audit, secretarial audit etc.  Audit is carried out to verify that whether the information provided by the company

Read More
Companies to Report any change in share holding to ROC with in 30 days in FORM BEN 1 and BEN 2
Companies to Report any change in share holding to ROC with in 30 days in FORM BEN 1 and BEN 2

Companies to Report any change in share holding to ROC with in 30 days in FORM BEN 1 and BEN 2

Kavit Vijay 07/06/2019 Blog Company Law ROC Compliances 0

Shareholders are owners of the company as they invest money into company and are interested in financial position of the company. Companies Act, 2013 specifies multiple decisions which are to be taken by members in Annual General Meeting (“AGM”) or Extra-ordinary general (“EGM”) meeting either

Read More
Registered Office of Company | Form INC-22
Registered Office of Company | Form INC-22

Registered Office of Company | Form INC-22

Kavit Vijay 23/05/2019 Blog Company Law ROC Compliances 0

Registered office of the company is that place which is used by Registrar of Company (“RoC”) or any other person for the purpose of communicating with the company. Accordingly, Section 12(1) of the Companies Act, 2013 (“The Act”) has mandated that every company must have

Read More
Resignation of Auditor | Intimation to ROC | ADT-3 E Form
Resignation of Auditor | Intimation to ROC | ADT-3 E Form

Resignation of Auditor | Intimation to ROC | ADT-3 E Form

Kavit Vijay 23/05/2019 Blog Company Law ROC Compliances 0

Registrar of Companies (“RoC”) is the public body which maintains all information about the companies. Information about resignation of Auditor is one of the crucial information as Auditor is an independent qualified professional who reports about correctness of financial statements of the company to its

Read More
Information about appointment or Removal of Director | DIR 12
Information about appointment or Removal of Director | DIR 12

Information about appointment or Removal of Director | DIR 12

Kavit Vijay 23/05/2019 Blog Company Law ROC Compliances 0

Director is a person, appointed by members of the company, for carrying out operations in the company. Directors are those individuals who are held responsible for all the actions taken by company. In case of any non-compliance, Penal provisions of Companies Act, 2013 (“The Act”)

Read More
Resignation of Director | DIR-11 | DIR – 12
Resignation of Director | DIR-11 | DIR – 12

Resignation of Director | DIR-11 | DIR – 12

Kavit Vijay 23/05/2019 Company Law ROC Compliances 0

A Director is part of a collective body of Directors called the Board, responsible for the superintendence, control and direction of the affairs of the Company. Meaning thereby, director is a person who is responsible to carry out operations in the company and perform all

Read More

V J M & Associates LLP

Contact Us

X