All posts by nangia
Consumers can now complain against companies hiking prices under GST
Consumers now have recourse against arbitrary price hikes by from manufacturers under the Goods and Services Tax (GST) with the government now notifying the form for complaints to the National Anti-Profiteering Authority. The form requires basic details of the complainant, the seller or supplier and the product involved as well as information such as the GST Identification Number (GSTIN) and the tax component.
Tanushree Roy, Associate Director shares her views on aforementioned story for Hindu Business Line.
Beware the fraudsters posing as tax department
The government’s initiative to make all the tax-related procedures online has benefitted taxpayers a lot. There has been a huge increase in the number of registered users on the income tax website in last few years. However, many of these registered users are not conversant with the online system; making them vulnerable to fraudsters.
Suraj Nangia, Partner shares his views on Beware the fraudsters posing as tax department for Livemint.
Revised ITR after demonetisation? You may face scrutiny, higher tax for- Shailesh Kumar
Unearthing and curbing of black money was one of the key objectives of demonetisation last year. There were reports of increase in suspicious transactions such as multifold increase in sale of gold and other valuables, increase in cash sales of businesses and other methods by which demonetised currency was being converted into new currency.
Shailesh Kumar, Director- Direct Taxation contributed an article on Revised ITR after demonetisation? You may face scrutiny, higher tax for Financial Express.
