♦ if you are a genuine tax payer then you can apply into the commissioner or authorised officer with
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Although it could seem to be Rule 86B is always to seriously dampen the convenience of performing small business, the intent powering the notification on the reported provision should not be obscured. It truly is to catch keep of people issuing phony invoices and they are ‘fly by night’ operators.
DTA has an unwritten policy of not shelling out TSS once the grantee is definitely an ineligible noncitizen. E mail [email protected] for assist.
e. RCM legal responsibility shall be discharged ONLY employing e-cash ledger. For that reason, utilization of ITC to discharge RCM liability isn't permitted whatsoever, Therefore the issue of imposing these restriction shall not arise
Ans. A single would not need to cumulatively compute the taxable materials by merging values of the earlier month. One has to only discover the taxable materials of the present thirty day period to determine if it exceeds Rs. 50 lakhs. If Sure, one particular really should comply with this provision.
Deposits beneath any of those trade names are deposits with Inexperienced Dot Financial institution and so are aggregated for deposit coverage protection up to the allowable restrictions.
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Federal agents used five times in late March looking the U.S. Personal Vaults shop wherever consumers saved valuables in click here roughly 800 Safe and sound deposit boxes.
CBIC has even further clarified that one% is to be calculated around the tax liability in a month and also the turnover from the respective month.
Whenever a member receives an email with regard to the personal debt, remember to have them study your complete e-mail. If the member has an issue or requires a computation, reply to the email they acquired it from.
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Ans: The Commissioner or any officer approved by him have been presented the facility to eliminate the limitations after these verification and safeguards as he might deem healthy. Which means that the authentic taxpayers who will be unintentionally struggling with the brunt of the rule have an alternative of making an application prior to the Division.