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Author Archives: CA Pulkit Goyal (B.COM, FCA)

GST on Cold Storage

Applicability of GST on Cold Storage

Warehousing and storage of agricultural produce come under Service Account Code 9986 and are exempted under Insert No. 54(e) of Notification No. 12/2017-Central…
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Tax Planning for Individuals under Income Tax

Tax Planning for Individuals under Income Tax Act, 1961

Tax Planning is the process of evaluating a financial plan or conditions in relation to taxes in order to achieve the greatest possible…
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48th GST Council Meeting

Summary of 48th Meeting recommendations from the GST Council

The GST Council was formed to oversee the Goods and Services Tax (GST) legislation. The GST Council is a combined forum of the…
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Format of declaration under Section 13(1)(c) of Tax Act

Format of Declaration under Section 13(1)(c) of Income Tax Act, 1961

Section 13 of the Income Tax Act, 1961 (Income Tax Act) describes the situations in which the exemptions provided by Sections 11 and 12…
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