CA Amresh Vashisht
63 articles written by CA Amresh Vashisht on ConsultEase.
Reject, Cancel and modification of E-Way Bills under GST
Modification of e-Way Bills 1. Process of Updating the Vehicle Number on EWBs Vehicle Number is an optional field when generating e-Way Bill. But, e-Way Bill without a vehicle number is not valid for movement of goods. The e-way bill portal provides an option of
Frequently Asked Questions (FAQs) regarding taxation of long-term capital gains proposed in Finance Bill, 2018
Frequently Asked Questions (FAQs) regarding taxation of long-term capital gains proposed in Finance Bill, 2018 Under the existing regime, long term capital gains arising from transfer of long term capital assets, being equity shares of a company or a unit of equity oriented fund or
Orders of the Supreme Court, High Courts and CESTAT accepted by the CBEC
Orders of the Supreme Court, High Courts and CESTAT accepted by the Central Board of Excise and Customs (CBEC) The Central Board of Excise and Customs has issued Circular No. 1063/2/2018-CX dated 16.02.2018. On the subject “Orders of Supreme Court, High Courts and CESTAT accepted
CBDT- Centralised Communication Scheme, 2018 for e assessment notified
CBDT- Centralised Communication Scheme, 2018 for e assessment notified 1. It shall come into force on the date of its publication in the Official Gazette. 2. Definitions. 3. Issue and service of notice – (1) The Centralised Communication Centre shall issue notice to any person requiring
Major Amendments in Income Tax applicable for A.Y. 2018-19
Major Amendments in Income Tax applicable for A.Y. 2018-19 1. Limit for payment of expenses by cash (Both capital and revenue expenditure) reduced from RS. 20,000 to RS. 10,000 per day in aggregate per person. 2. No Person shall receive an amount of two lakh
Important audit checks: Balance sheet
Important audit checks: Balance sheet Cash & bank balances Physically verify the cash balance/ATM cash balance as on March 31, 2017 or reconcile the cash balance from the date of verification to March 31, 2017. Confirm and reconcile the balances with banks as on
Overview of Bank Branch Audits 2018
Overview of Bank Branch Audits 2018 Lets have a overview of Bank Branch Audits 2018, by CA Amrseh Vashisht. A power point presentation which represent the proper guideline for the auditors which have to do the bank branch audit in 2018. AUDITORS ARE LIKE DOCTORS
CBDT releases ITR Forms applicable for FY 2017-18 or AY 2018-19.
CBDT releases ITR Forms applicable for FY 2017-18 or AY 2018-19. CBDT releases Forms Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V as applicable for Financial Year 2017-18 or Assessment Year 2018-19. MINISTRY OF FINANCE
Due Dates during the month of April 2018
Due Dates during the month of April 2018 ■ 10-04-2018- Due date for filing GSTR -1 for the month of February 2018 – Applicable for taxpayers with Annual Aggregate turnover More than 1.5 Crore. ■ 14-04-2018- Due date for issue of TDS Certificate for tax
I-T Dept warning to salaried taxpayers
I-T Dept warning to salaried taxpayers 8 common inaccuracies every taxpayer should take care of NOW: Are you a salaried person, but one of those who usually conceals a part of their income from the Income Tax Department in a bid to save tax? Then
Independent Auditor’s Report
Independent Auditor’s Report To the Members of M/s. XYZ Private Limited Report on the standalone Financial Statements Opinion We have audited the accompanying Standalone financial statements of M/s. XYZ Private Limited(“the Company”) which comprises the Balance Sheet as at March 31, 2018, the Statement of
Transportation is Composite supply: AAR
Transportation is Composite supply: AAR The Applicant is stated to be a supplier of materials and allied services for the erection of towers, testing and commissioning of transmission lines and setting up sub-stations collectively called the Tower Package. His question is related to contracts obtained