All posts by Tina Saha - 181. page

Professional Tax Consultant and Article Writer

Shortfall-Tax is just a moniker for RCM-tax liability that arises under 07/2019 in the following situation:  Output tax at 1.5% or 7.5% is applicable to a project (new or […]

A Developer is required to pay tax on construction services as a continuous supply of services.Although supply of construction service is not the same as supply of construction pursuant to […]

The Government seems unmoved by the outpouring of objections to the levy of ‘tax on immovable property’. And reference to ‘land’ in schedule III of the CGST Act is clearly […]

Although a new rate-regime has been introduced, the previous rate-regime has not been abolished, whereas it continues to occupy the field that’s not affected by these changes. New rate-regime comprises: […]

GST rates are set to move down from 12% (in case of affordable housing) [(or 18% in case of nonaffordable housing)] with the benefit of input tax credit, to 1.5% […]

The one industry that occupied the Government’s feverish attention was the Real Estate development segment to save the hapless home-buyers from the onslaught of the Developer to usher in a […]

This section deals with continuation of proceedings, where a notice is already served for recovery of government dues upon a taxable person and upon any appeal, revision application there is […]

(i) This section applies only during the pendency of any proceedings under (ii) The provisional attachment of property of taxable person can be undertaken by the Commissioner; (iii) The only […]

(i) The provisions of this section would apply to a taxable person or any other person who is liable to pay tax, interest or penalty to Central or State Government; […]

This section permits a taxable person to make payment of an amount due on installment basis, other than the amount due as per self-assessed return. The term ‘instalments’ in general […]