Income Tax Blog - H&R Block India


September 22, 2017

Rules and conditions of Form GST TRAN 1 and TRAN 2

Any business that has not availed Input Tax Credit (ITC) on services or a closing stock can claim credit of tax paid under the pre-GST regime, irrespective of whether they are registered or unregistered under this regime. Depending on the possession of the evidence of […]
September 22, 2017

Impact of GST on Automobile Industry

A considerable time has passed since GST came into effect on July 1, 2017. However, the question still remains, ‘Is GST beneficial for the common people, small traders and industry as a whole?’ The answer is difficult to find with the government hailing GST as […]
September 21, 2017

GST Registration is on for TDS and TCS Deductors

The Goods and Services Tax (GST) registration for entities authorised to collect and deduct tax at source has started from September 18, 2017. This followed after the GST Council, chaired by Union Finance Minister Arun Jaitley, at its 21st meeting in Hyderabad decided to open […]