Rajbir Chawla

As the deadline for selecting cases for Scrutiny nears, Department sending Scrutiny Notices 3 min read

• Income Tax

As the deadline for selecting cases for Scrutiny nears, Department sending Scrutiny Notices

Rajbir Chawla 6 years ago

As the deadline for selecting the case of Financial Year 2014-15 nears, the department is sending the notices for Scrutiny. This year, not necessarily all... Read More

Why is J&K State not accepting GST? What if J&K does not adopt GST 5 min read

• GST

Why is J&K State not accepting GST? What if J&K does not adopt GST

Rajbir Chawla 6 years ago

The Much talked about and ambitious bill by NDA Government, also touted as bill that would ensure reconciliation of inputs and outputs and thus eliminate... Read More

Would those missing deadline of Income Declaration Scheme 2016 face Raid-Raj by Income Tax Department 3 min read

• Income Tax

Would those missing deadline of Income Declaration Scheme 2016 face Raid-Raj by Income Tax Department

Rajbir Chawla 6 years ago

From various speeches in various forums by Prime Minister, Narender Modi and Finance Minister, Arun Jaitley, one can sense the focus that the Government is... Read More

Shopping Online? How GST will affect Online Shopping and Ecommerce sites? 5 min read

• GST

Shopping Online? How GST will affect Online Shopping and Ecommerce sites?

Rajbir Chawla 6 years ago

As online commerce and shopping sites are gaining popularity, various states are getting alive to fact of revenue they are losing. Currently, the state from... Read More

Excise Duty, Service Tax, Additional Custom Duties, VAT, CST, Entertainment Tax, Octroi or Entry Tax, Purchase and Luxury Tax would be subsumed into GST 3 min read

• GST

Excise Duty, Service Tax, Additional Custom Duties, VAT, CST, Entertainment Tax, Octroi or Entry Tax, Purchase and Luxury Tax would be subsumed into GST

Rajbir Chawla 6 years ago

Post implementation of GST, following Central Taxes would get subsumed into GST Central Level Excise Duty, Additional Excise Duty, Service Tax including applicable surcharges; Additional... Read More

Threshold Turnover limit for registration under Rs 25 lacs and 24 x 7 Call Center would be available 1 min read

• GST

Threshold Turnover limit for registration under Rs 25 lacs and 24 x 7 Call Center would be available

Rajbir Chawla 6 years ago

Revenue Secretary, Ministry of Finance, Government of India announced in a recent Press Conference that traders having turnover lesser than Rs 25 lacs per year... Read More

Restructuring your Salary in Tax Efficient Manner can increase your carry home Salary by upto 10% 3 min read

• Tax Planning

Restructuring your Salary in Tax Efficient Manner can increase your carry home Salary by upto 10%

Rajbir Chawla 6 years ago

Importance of getting salary rationalized cannot be over emphasized. With times, as salary levels have risen and the Income tax exemption limits still at ridiculously... Read More

GST Coming……Are your IT systems compliant to handle GST? 2 min read

• Income Tax

GST Coming……Are your IT systems compliant to handle GST?

Rajbir Chawla 6 years ago

Come GST and various assessees would need to put in place a mechanism  to have correlation between every entry. Most companies would need to upgrade... Read More

CBDT notifies revised form for Declaration under Income Declaration Scheme 2 min read

• Housing

CBDT notifies revised form for Declaration under Income Declaration Scheme

Rajbir Chawla 6 years ago

S.O. 2705(E).— In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 199 of the Finance Act, 2016 (28 of 2016),... Read More