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CBDT issues clarifications on new TDS/TCS norms applicable from October 1 Onward

CBDT issues clarifications on new TDS/TCS norms applicable from October 1 Onward

by Just Archon ✔️ | Sep 29, 2020 | Information

The Central Board of Direct Taxes (CBDT) on September 29 issued a detailed clarification about the new TDS/TCS provisions set to be applicable from October 1, 2020, onward. The Finance Act, 2020, widens the scope of TCS provisions to cover the sale of goods, sale of...
GST rate Goods Transport Agency (GTA) under Reverse Charge Mechanism (RCM)

GST rate Goods Transport Agency (GTA) under Reverse Charge Mechanism (RCM)

by Just Archon ✔️ | Sep 15, 2020 | Information

In accordance with Notification No. 11/2017- Central Tax (Rate) dated 28th June, 2017, GST under Reverse Charge Mechanism is payable on supply of services by a goods transport agency (GTA) in respect of transportation of goods by road to- any factory registered under...
Maharashtra Government hikes circle rates by 1.74%

Maharashtra Government hikes circle rates by 1.74%

by Just Archon ✔️ | Sep 15, 2020 | Information

After few days of Maharashtra governments decision to temporarily reduce stamp duty on housing units from 5 percent to 2 percent until December 31, 2020, it has now come up with a new judgment to hike the ready reckoner (RR) rates in the state by around 1.74 percent,...

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