Income Tax Blog - H&R Block India

RECENT BLOGS

November 16, 2017

The Importance of Using HSN Code Under GST

The amount of time we spend trying to improve our image in the eyes of outsiders is considerable and may not always be understood by everyone.  The implementation of GST in India is one such measure to boost our image to the eyes of the […]
November 16, 2017

New Exemption Limit for Agriculturists on Cash Transactions u/s269ST

Exemptions to many taxation and income laws have always included farmers, including section 40A(3), which disallows any cash transactions (i.e. not made by cheque/electronic/draft) above 10,000 for all business transactions.  However, rule 6DD of 40A(3), exempted agriculturists.  Recently an amendment, 269ST, was made during the […]
November 14, 2017

Relief For Home Buyers Under GST

Anybody who booked or made partial payments for their under construction properties before July 1st, 2017 should not face any increased costs under the new GST scheme.  Any builder demanding more money because of GST is in violation of profiteering u/s 171 of GST law […]