GST (A Practical Knowledgebase)

Income Tax Management (India)

81
ACKNOWLEDGEMENT of e-Return under GST
On submission of return, an Acknowledgement Number will be generated. In case of submission of a return which has been prepared by using offline tools, acknowledgement of submission will take some time as...

82
Eligibility Conditions, Duties And The Obligations Of Goods Services Tax (GST) Practitioners
In view of the provisions of section 48 of CGST Act, 2017 which is applicable to UTGST/IGST Acts and SGT law and in view of Rule 24 of Draft Returns Rules, following are the eligibility conditions, duties and the obligations of Goods and Services Tax Practitioner:...

83
Rectification Of GST Return
Since the return framework in GST system is predominantly transaction based, any changes required to be done at any stage shall also have to be done at the transaction level rather than at the aggregate level of return. Therefore, in GST system, no revision of returns is allowed

84
Processing Of GST Returns By the GST Portal
After the GST Return has been uploaded onto the GST Common Portal, the Portal will undertake the following activities:

85
Conditions For Taking ITC ( Input Tax Credit) under GST
Subject to following conditions every registered person shall be entitled to take credit of input tax and such input tax shall be credited to the electronic credit ledger of such person:.....

86
Limitations On Availing ITC (Input Tax Credit) under GST
There are certain limitations to take input tax credit which have been explained in following paragraphs:....

87
Determination Of Input Tax Credit (ITC) In Respect Of Inputs Or Input Services ( Rule-7 of ITC Rules)
Rule 7 of the ITC rules provides for manner of determination of input tax credit in respect of inputs or input services in certain cases and reversal thereof.....

88
Determination Of Input Tax Credit (ITC) In Respect Of Capital Goods (Rule-7 of ITC Rules)
Rule 8 of the ITC Rules provides for manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases.....

89
Restrictions On Availing ITC ( Input Tax Credit ) under GST
Input tax credit in following cases shall be available only fulfilment of specific conditions mentioned in column 3 below: ......

90
Utilizing Input Tax Credit (ITC) in respect of IGST, CGST, Cess and SGST/UTGST
Input tax credit in respect of IGST, CGST, Cess and SGST/UTGST can be utilized in following sequence: ....

91
Availability Of Input Tax Credit (ITC) In Certain Special Circumstances under GST
There are various circumstances under which Availability Of Input Tax Credit (ITC) under GST is there...

92
Transfer, Reversal Of Input Tax Credit (ITC) Under GST
Various situations under which Transfer, Reversal Of Input Tax Credit (ITC) Under GST....

93
Distribution Of Credit By Input Services Distributor (ISD) under GST
The ISD will distribute the credit using the document prescribed in this behalf. Further the rules for input tax credit also provide the manner of distribution of credit by an ISD ...

94
GST Payment Of Taxes And E-Ledger / Registers
Ease in making payment towards tax and other dues is very important in a country like India. Challenge before the Empowered Committee was to usher in a mechanism of payment which is user friendly and at the same time allows payment through various modes, after utilization of ITC. A seamless payment mechanism has been envisaged. ...

95
Classification Of Refunds of Taxes / ITC under GST
CGST/UTGST/IGST Acts, 2017 and the SGST law give right to the taxpayers to claim refund of taxes/ITC for various reasons. The provisions of different types of refunds are described under Chapter XI of CGST which..

96
Law And Processes For Different Types Of Refunds of Taxes / ITC under GST
Various Law and Process has been defined for Different Types Of Refunds of Taxes / ITC under GST...

97
Process Of Refund Application Filing of Taxes / ITC under GST
Refund application in all cases are to be filed electronically at the GST Common portal. Refund will be segregated into CGST, SGST, UTGST, IGST, Cess, Interest, penalty, Fee and others. Formats for different types of refund are prescribed....

98
Documents Required For Filing Of Refunds of Taxes / ITC under GST
Application For Filing Of Refunds of Taxes / ITC under GST shall be accompanied by....

99
Transitional Provisions Pertaining To Refund of Taxes / ITC under GST

100
Verification Process of Refund of Taxes / ITC AT GST Common Portal
GST Common portal shall receive all the Refund application of CGST/ SGST/UTGST/IGST or interest, penalty etc. and provide a Unique Reference No. (URN) of Application immediately. ...

 
5
8
9
10
Body-3
 
Get Updated ...
Tax Tutorials
E-Payment Of Direct Taxes
Filing Of Return Of Income
Interest for Delay in Filing the Return of Income [Section 234 A]
Interest for default in Payment of Advance Tax [Section 234B]
Provisions Of 'Income-Tax Law' Useful For Non-Residents
MAT (Minimum Alternate Tax)
AMT ( Alternative Minimum Tax)
Tax On Long-Term Capital Gains (LTCG)
Tax On Short-Term Capital Gains (STCG)
Exemption[ Section-54] For Capital Gains Arising On Transfer Of Residential House Property
Tax Treatment Of Gifts Received By An Individual Or HUF
Set Off And Carry Forward Of Loss Under The Income-Tax Act
Interest For Delay In Payment of TDS/TCS And For Non-Payment Of Tax Demanded
Tax Deduction/Collection Account Number (TAN)
How to apply for PAN ?
Refund Of Excess Tax Paid By The Taxpayer (Sections - 237 to 245 )
Presumptive Taxation Scheme of Section 44AD
Presumptive Taxation Scheme of Section 44ADA
Presumptive Taxation Scheme of Section 44AE
Deduction in respect of Life Insurance Premium, PPF, NSC, etc. [Section 80C]
Deduction in respect of Medical Insurance Premium [Section 80D]
Tax Deducted at Source (TDS) from Interest, other than Interest on Securities (Section-194A)
Tax Deducted at Source (TDS) from Interest on Securities (Section 193)
Late Filing Fees And Penalty For Failure To Furnish/Delay In Furnishing The TDS/TCS Statements
 
GST (India)
F.A.Q. on GST
GST Forms Download
GST Compensation Law
GST Enrollment Process
GST Law & Act.
GST Rules
GST Schedule ( I to V )
IGST Law & Act.
GST A Practical Knowledgebase
Filing GST Return
Enroll & Registration with GST
GST Office Tool to File GST Return
 
LIBRARY @ Tax Management
TAX & INVESTMENT GUIDE FOR "NRI"- Non-Resident Indians !
GUIDE & FAQ @ TAX
GRAPHICAL PRESENTATION @ TAX
TIPS & TRICKS @ TAX
MANAGERIAL & FINANCIAL DECISIONS @ TAX
5 GOLDEN RULES OF TAX PLANNING
FAMILY TAX PLANNING
DEDUCTIONS FROM YOUR INCOME
EXEMPTED INCOMES
HUF - FORMATION, MANAGEMENT & TAX PLANNING
COMPUTATION OF GROSS TOAL INCOME
INCOME TAX @ GLANCE
MULTIPLE KNOWLEDGEBASE ON TAX
51 TIPS ON TAX PLANNING
APPEALS UNDER INCOME TAX
ASSESSMENTS
PENALTIES UNDER IT DEPATMENTS
TAX SAVING SCHEMES
TAX READY RECKONER
TAX RATES
PROSECUTIONS UNDER INCOME TAX DEPARTMENT
TAXATION SYSTEM IN INDIA
CHARITABLE & RELIGIOUS TRUST - TAXATION
PRESCRIBED FORMS WITH with Section / Rules
KNOWLEDGE BASE !
New Topics @ Tax KnowledgeBase...
 
 

Most Popular Topics :

Corporate Tax ( Taxation in Companies)
FAQ on TDS on Salaries
FAQ on Taxable Income
FAQ on Filing of Income Tax Return
Graphical Chat Presentation of Provision of Motor Car / Other Vehicles [Rule 3(2)(A)&(B)]
'Appeals' Under Income Tax Act. 1961.
'Assessments' Under Income Tax Act. 1961.
List of Exempted Incomes (Tax-Free) Under Section-10
Income Under the Head ' Business and Professions' [Section 28 to 44]
Income Under the Head ' Capital Gain'
Income Under the Head ' House Property '[Section- 22 - 25 ]
Income Under the Head "Salary"
[Section 15-17]
Income Tax on 'Partnership Firms'
PENALTIES Under Income Tax Act. 1961.
Tax Saving Schemes for Individual -Instant Guide
New Tax Rates For FY 2017-18 & AY 2018-19
"Exempted Incomes" under Income Tax Act.
Charitable & Religious Trust :Formation, Registration, & Taxation
Hindu Undivided Family [HUF] - Formation, Management and Taxation
 

Most Popular Links :

Clubing of Income Deduction U/s 80C
Allowances Us-17(3) Exemption-Salary
Tax Amendment-2015 Taxable Income
Clubing of Income Tax Deductions
HUF Deduction HUF Investment
Gift by HUF HUF Tax Planning Tips
Tax Saving Schemes Tax Planning Tips
Refund of Tax Fringe Benefit Tax-FBT
Return Filing Assessment / Scrutiny
Notice from I.T. Dept. Incomes Types @ TDS
Exemptions-Tax Returns “Summon” U/s 131
'Black Money' @ I.Tax Big Gifts To Be Taxed
'Appeals' under I.Tax Assessment @ I.Tax
Exempted Incomes Capital Gain
Business & Professions House Property
Salaries @ I.Tax Partnership Firm
'Penalty' under I.Tax Act. Tax Ready Reckoner
Charitable Trust Useful Links @ I.Tax
 
Guide & FAQ on Tax Knowledgebase @ Taxation Income Tax @ Glance HUF - Formation, Planning & Taxation
Charitable & Religious TRUST NRI (Tax Planning,Saving,Investemnt) Budget 2017-2018 GST (FAQ, Law, Act. Rules, Schedule, Enrollment)
FAQs - Income Tax India Tax Tutorials    
________________________________________________________________________________________

Disclaimer:
All efforts are made to keep the content of this site correct and up-to-date. But, this site does not make any claim regarding the information provided on its pages as correct and up-to-date. The contents of this site cannot be treated or interpreted as a statement of law. In case, any loss or damage is caused to any person due to his/her treating or interpreting the contents of this site or any part thereof as correct, complete and up-to-date statement of law out of ignorance or otherwise, this site will not be liable in any manner whatsoever for such loss or damage.

The visitors may click here to visit the web site of Income Tax Department for resolving their doubts or for clarifications