RCM – TAX UPDATE INDIA

CBIC Clarifies – Salaries paid to company directors not to attract GST

admin June 10, 2020

The Central Board of Indirect Taxes and Customs (CBIC) on 10th June, 2020 Vide Circular No: 140/10/2020 – GST clarified that, GST will not be levied on salaries paid to … Read More

Uncategorized

Reverse Charge Mechanism (RCM) under GST applicable from April 2020

admin April 11, 2020

We have compiled Reverse Charge Mechanism (RCM) under GST applicable from April 2020.

Case Law GST

Remuneration paid to directors to attract GST – AAR

CA Adityavikram Banka April 8, 2020

Companies will have to pay GST under RCM on the remuneration they give to directors, the Authority for Advance Ruling (AAR) has said.

Flash News

MCA issues Merger and Amalgamation Amendment Rules effective from 17th September.

Taxation of ESOPs

Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024

Amendments made in Form 3CD effective from AY 2024-25

TDS on Partner’s Remuneration introduced in the Budget 2024

RBI allows Indian Resident to open foreign currency accounts in GIFT City under LRS

Lower Tax Deduction certificate (TDS)

Sec 54 – Date of possession of new property is to be considered in the case of constructed property: ITAT Mumbai

Transit rent paid by the developer is not a revenue receipt and so not taxable: Bombay HC

Legal precedents on Ad- Hoc Disallowances

Tag: RCM

CBIC Clarifies – Salaries paid to company directors not to attract GST

Reverse Charge Mechanism (RCM) under GST applicable from April 2020

Remuneration paid to directors to attract GST – AAR