Articles by CA Sudhir Halakhandi

Budget 2024: The New Section 74A - An Analysis

CA Sudhir Halakhandi 30 July 2024 at 08:39

In the financial year 2024-25, Section 74A will replace both Sections 73 and 74, consolidating the calculation of tax and penalty under a single section for both the fraud and non-fraud cases

Budget 2024: Amnesty Provisions under Section 128A w.r.t. Section 73 Demands

CA Sudhir Halakhandi 27 July 2024 at 09:53

In the Budget 2024, a new Section 128A has been proposed by the Finance (No.2) Bill -2024. Under this section 128A, for certain financial years, from 2017-18 to 2019-20

Rectification of errors under GST

CA Sudhir Halakhandi 21 March 2023 at 19:37

The errors can be rectified in any decisions or order or notice or certificate or any other document as per section 161 but since on most of the cases dealers / asseseee are concerned with the orders hence we should try to understand the concept with Rectification of Mistakes/errors in Orders.

GST Talk with CA Sudhir Halakhandi: GST still needs a lot of improvement

CA Sudhir Halakhandi 21 January 2023 at 10:51

It has been more than 5 years since GST has been implemented in India and now this tax should be completely established in India but according to the news coming continuously from the business sector, problems are still there.

The Problem Of GST RCM And Suggestion

CA Sudhir Halakhandi 26 December 2022 at 15:28

Let us see what are the financial effects of the RCM in most of the cases where provisions of reverse charge mechanism as mentioned in the GST Laws is applicable.

Is GST not a simple tax?

CA Sudhir Halakhandi 30 August 2022 at 13:15

It has been a long time since GST was implemented in India and now the question is asked many times, is GST really a simple Tax? If we look at this question in another way, then the real meaning of this question is- "Is GST not a simple Tax?"

Clause 44: Clarifications as per new guidance note - AY 2022-2023

CA Sudhir Halakhandi 22 August 2022 at 12:30

Clause 44: Clarifications as per new guidance note for Assessment Year 2022-2023

Clause 44 of Form 3CD: An illustrative analysis

CA Sudhir Halakhandi 21 August 2022 at 17:33

The ICAI has issued revised Guidance Note dated 14th Aug. 2022 on 19th Aug 2022 and with respect to the Clause Number 44.

Illustrative Clause 44 Of Form 3CD for FY 2021-22

CA Sudhir Halakhandi 11 July 2022 at 09:04

The Clause 44 of the Form 3CD is effective for Assessment Year 2022-23 i.e. for the Financial Year 2021-22 because the compliance of this clause was kept in abeyance till 31/03/2022 but for all the reports submitted after that date the clause is mandatory.

Uncontrolled Systems And Procedures Of GST

CA Sudhir Halakhandi 20 May 2022 at 11:27

The revenue of GST is increasing continuously and for this the business, industry and government of India deserves congratulations but at the same time there is no reduction in the problems of tax payers and professionals and the government should now pay attention to them