High Sea Sales – Indian GST View

Customs duty was an indirect tax levied on import and export business of India. Along with customs duty on high sea sales, other indirect taxes like octroi, port charges, etc. made the business rules complex. As there was no sales tax on high sea sales, concerned authorities were enjoying tax benefit before GST. The coastal […]

Key Changes of Simplified Form GSTR-9 and Form GSTR-9C

The Government has extended the due dates of filing annual return in Form GSTR-9 & reconciliation statement in Form GSTR-9C for F.Y. 2017-18 to December 31, 2019 and for F.Y. 2018-19 to March 31, 2020. Also, The Annual return Form GSTR-9 and Reconciliation Statement in Form GSTR-9C pertaining to F.Y. 2017-18 and F.Y. 2018-19 are […]

Meditation

Meditating is an Art. You can learn meditation via different techniques. I can explain you few techniques which I discovered by applying it upon me or by experiencing it: 3 most effective Techniques for Meditation: Start writing few paragraphs on any topic of your choice.  Use your pointing fingers to close your ears and listen […]

Notification No. SO 2196(E) [NO.53/2016 (F.NO.3701 – Income Tax)

INCOME-TAX (SEVENTEENTH AMENDMENT) RULES, 2016 – INSERTION OF RULE 37BC AND AMENDMENT IN FORM NO.27Q NOTIFICATION NO. SO 2196(E) [NO.53/2016 (F.NO.370142/16/2016-TPL)], DATED 24-6-2016 In exercise of the powers conferred by clause (ii) of sub-section (7) of section 206AA, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes […]

Change in Constitution : Procedure to be followed in GST

When there is change in the constitution (e.g. Proprietorship to Partnership firm), specific procedure required to be followed for smooth transfer of credit. Step 1: Apply for New Firm’s GST Number (Specifying reason : change in Constitution.) Step 2: Transfer Input Tax Credit by filling ITC 02 Form in your old GST number (Services -> […]

Access Outlook Mail, Outlook.com, Hotmail in Windows Live Mail

What Outlook Mail IMAP Will and Will Not Get You in Windows Live Mail With IMAP access to Outlook Mail, you will not get your contacts and calendars synchronized. All your existing folders and messages will appear, be accessible and automatically synchronize across computers and browsers, though, just like before; of course, you can also […]

Connect two routers to the same network

Introduction It is possible to use a second router as a range extender to your existing network. It is also very possible to create only one network name between the two routers so your computers and other network devices will connect to which ever router has the stronger signal. Many newer routers include WDS or […]

International Remittances

International remittance means one person transfer funds from one country to another country irrespective of his residence status. When you want to transfer money from/to India, you have to take care of few legislation which includes Income Tax Act, Foreign Exchange Management Act, Rules specified by RBI, and for certain remittance you may need the […]