Tag Archives: Rahul Jain

IT defers inclusion of GST, GAAR in audits – Rahul Jain

IT defers inclusion of GST, GAAR in audits The Central Board of Direct Taxes (CBDT) has put off till March 31, 2019, the proposed GST and GAAR reporting under the amended tax audit form. This dispensation would be available for tax audit reports to be furnished on or after August 20 but before April 1, 2019.   Our experts contributed their views on aforementioned story for following publications:  
  • I-T defers inclusion of GST, GAAR in audits – Rahul Jain, Senior Partner for Livemint.
 

CBDT notifies online assessment scheme – Rahul Jain

Dear All   In a taxpayer-friendly move, the income tax department has notified a scheme aimed at eliminating the physical interface between taxpayers and the department. The Centralized Communication Scheme 2018 will facilitate electronic issuance of notices to taxpayers, requiring them to furnish information or documents for the purpose of verification in a prescribed format.
  1. Rahul Jain, Partner shares his views on aforementioned story for following publications:
  • Livemint
  • Hindu Business Line

A few things to keep in mind for corporates – Rakesh Nangia and Rahul Jain

Dear All Budget 2018 was presented in the midst of widespread speculation that being the last full Budget before elections in 2019, it could end up being populist, hurting the economy and largely at the expense of the taxpayers. Thankfully, the government refrained from doling out freebies and reiterated its intent to stick to the fiscal path.
  1. Rakesh Nangia, Managing Partner and Rahul Jain, Partner contributed an article on Budget 2018: A few things to keep in mind for corporates for Business Today.