Serial	Index of content
1.	Introduction- G.S.T. registration  number
2.	G.S.T. Registration
3.	G.S.T. registration number
4.	G.S.T. registration in India
5.	G.S.T. registration  status
6.	Vat G.S.T. registration number
7.	G.S.T. registration fees
8.	G.S.T. registration limit
9.	G.S.T. registration documents
10.	Category of G.S.T. registration number
11.	E way bill

 

 

 

 

 

Introduction

 

 

First Now you watch G.S.T. registration number G.S.T. like a direct tax method us in India. It is a multi stage method, multistage meaning is, the G.S.T. is impose each n every stage in the production procedure. It means to refunded to all parties on various steps of production other than last channel consumer like a destination based tax- G.S.T. are provided into five different tax assessment slabs for collection of the tax. The tax rates rules and regulations are governed by the G.S.T. council which of the financial ministry of the central government, and all the states of India.

 

 

G.S.T. Registration

 

 

 

 

 

Now Registration of the any one business person under the G.S.T. First Registration law implies unique identification number from the G.S.T. More Registration authority to obtain input tax credit .without G.S.T. Finally Registration a business person cannot collect tax from his customer and cannot obtain input tax credit.

 

 

G.S.T. registration number (GSTIN)

 

 

GSTIN is a G.S.T. identification number or G.S.T. number. GSTIN is a 15 digit PAN based unique identification number assigned to each registered person under G.S.T. like a G.S.T.-registered dealer, it is mandatory to verify the G.S.T. number (GSTIN) before you file your G.S.T. returns. There can be multiple GSTINs for the same person, being an assessor under the Income Tax Act for each state or union territory in which such person works. Obtaining GSTIN becomes mandatory when a person crosses the limit for G.S.T. registration by registering himself under G.S.T.

 

 

G.S.T. registration in India

 

 

In the G.S.T. regime, the turnover of businesses which is Rs. 40 lakh (Rs. 10 lakh for NE and hill states) is required to be registered as a normal taxable person. This process of registration is called G.S.T. registration. For some businesses, registration under G.S.T. is mandatory. If an organization does business without registering under G.S.T., it will be an offense under G.S.T. and heavy fines will be imposed.

 

 

WHO CAN REGISTER?

 

 

• Persons registered under pre-G.S.T. law (i.e. excise, VAT, service tax etc.)
• Rs. Businesses with turnover above the threshold of Rs 40 lakh * (Rs 10 lakh for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand)
• Casual Taxable Person / Non-Resident Taxable Person
• Agents of supplier and input service distributor
• Who pay taxes under the reverse charge mechanism
• The person who supplies through the e-commerce aggregator
• Every e-commerce aggregator
• Person who is provides online information and database access or retrieval services from a place outside India. Other than a registered taxable person.

 

 

G.S.T. registration  status

 

 

After submitting the GST registration application, you will be given an Application Reference Number (ARN).

 

 

You can track the status of your application by tracking this ARN. Follow these steps to see the status of your ARN:

 

 

1. Go to: https://www.gstsearch.in/arn-status.html

 

 

Check Arn's condition

 

 

2. In the ARN field, enter the received ARN at your e-mail address when you submit the registration application.

 

 

3. In the Captcha field, enter the captcha text in the characters you see in the image below.

 

 

4. Click the SEARCH button.

 

 

Vat G.S.T. registration

 

 

Most businesses are required to register for Value Added Tax (VAT) or Goods and Services Tax (G.S.T.). Once registered, you will receive a VAT or G.S.T. number, under which you can collect and send the tax to the concerned tax authority. This number is an alphanumeric identifier specific to the person or entity doing the business. The VAT or G.S.T. number is used to identify the tax status of the customer and to identify the place of tax.

 

 

G.S.T. registration fees

 

 

The G.S.T. registration fee depends on the type of business and which falls in the range of Rupees1199 to Rupees 000. It is a one-time fee, yet the process takes time.

 

 

For a regular G.S.T. registration certificate, it takes about 3-6 working days. However, if you need any further modification, it may take about 15-20 working days.

 

 

G.S.T. registration documents

 

 

GST registration documents vary depending on what type of business people want to register for. However, the general documents required for each business to submit for the GST registration process are as follows,

 

 

• Permanent Account Number (PAN)

 

 

Passport size photograph

 

 

Card Aadhaar card or driving license or passport

 

 

Proof of business space address

 

 

• Bank statement or canceled check or passbook

 

 

For a private limited company / OPC / LLP / partnership firm, these documents must be included with their GST registration application.

 

 

Certificate of Investment in case of Limited Liability Company, OPC or LLP;

 

 

Partnership deed in the event of a partnership pay firm;

 

 

The opening page of a bank statement held in the name of the business or owner; Permission letter or board resolution

 

 

Category of G.S.T. registration number

 

 

General Taxpayer: The largest businesses in India fall under this category. The applicant does not need to pay any deposit to fall into the category of general taxpayer. In addition, there is no expiration date for taxpayers falling under this category.

 

 

Casual Taxable Person: Those who want to start a seasonal business or shop can opt for this category. The taxpayer must deposit an advance amount equivalent to the expected G.S.T. liability during the time the seasonal business or stall is present. The G.S.T. registration period under this classification is three months, and can be extended or even renewed.

 

 

Rachna Taxpayer: Taxpayers who want to get G.S.T. Rachna Yojana can opt for this type of G.S.T. registration. Small taxpayers can free themselves from boring G.S.T. rules and refund G.S.T. at a fixed rate of turnover. Input tax credit could not be obtained by taxpayers in this category.

 

 

Non-Resident Taxable Person: If a person resides outside India, but provides goods and services to businesses residing in India, they should opt for this type of G.S.T. registration. Compared to the casual taxable person support of GST registration, taxpayers are required to pay a deposit which is the same as expected G.S.T. during G.S.T. registration is active. The duration of this type of GST registration is usually three months, although it can be extended or renewed at the time of expiration.

 

 

G.S.T.Registration limit

 

 

Overall turnover registration is required to apply

 

 

Previous Limits - To provide goods / services

 

 

Rs. More than 20 lakh yes - for general category states till 31st March 2019

 

 

More than Rs.10 lakhs Yes - till 31st March 2019 for Special Category States

 

 

New limits - for the sale of goods

 

 

More than Rs. 40 lakhs Yes - From 1st April 2019 for General Category States

 

 

Rs. More than 20 lakh yes - for special category states from 1st April 2019

 

 

New limitations - to provide services

 

 

No change has been made in the threshold limit for service providers. Individuals providing services are required to register if their total turnover is more than Rs 20 lakh (for general category states) and Rs 10 lakh (for special category states).

 

 

E-way bill

 

 

The e-way bill is generated manually by the consignor or consignee if the transport is done by own / hire or by rail, by air or by air. An e-way bill is to be generated by the transporter if the goods are handed over to the transporter for transport by road. Where neither the consignor nor the consignor generates e-way bill and if the value of the goods is more than Rs. 50,000 / -, the responsibility of generating it will be on the transporter. In addition, provision has been made that where the goods are sent by the principal located in one state to the job worker located in another state, the e-way bill will be generated by the principal regardless of the value of the consignment.

 

 

 

 

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Object: Legal drafting litigation documents contracts legislation and wills

first Legal drafting litigation documents contracts legislation and wills,there is a great understanding of confusion in the public about a legal document called a will. For that reason that is why I have humbly tried to write an in-depth article on a legal document called Will. Who should make the will? What should taken care of while preparing the will, what is tax benefit of will declaration etc. After that I hope through our law firm/attorney at law that this article will be useful to the will maker and users increase their legal awareness.

Introduction:Legal drafting litigation documents contracts legislation and wills

Legal drafting litigation documents contracts legislation and wills. There is a great understanding of confusion in the public about a legal document called a will. For that reason that is why I have humbly tried to write an in-depth article on a legal document called Will. Who should make the will? What should be taken care of while preparing the will, etc. is mentioned in the article? After that I hope through our law firm/attorney at law that this article will be useful to the will maker and users increase their legal awareness.

First, this article is intended for free legal education and information purposes only from our law office/law firm and the said article should not prepare as proper free legal advice. As well as readers should contact us for proper and particular legal advice on the said article.

What is a will? Legal drafting litigation documents contracts legislation and wills

A will is a legal document/legal declaration that the testator appoint executors to administration of their assets and dispose of it to the interest of beneficiary chosen by the will maker.

Will under India succession Act Legal drafting litigation documents contracts legislation and wills

First you see, the provision of will declaration/document related under section-2(h), 59, 72, 63 and 87 of the Indian Succession Act, 1925 as well as under mentioned: 

Will means the legal declaration of the intention of a person with respect to his property, which he desires to take effect after testator death. It is a unilateral document and takes effect after the death of the person making it.

It can revoke or by altered the maker of it at any time he is competent to dispose of his property.

A will legal declaration made by a Hindu, Buddhist, Sikh or Jain is governed by the provisions of the Indian Succession Act, 1925.

Mohammedan are not governed under the Indian Succession Act, 1925 and they can administrate or dispose their own property according to the Muslim Law

Document require for will in India-Legal drafting litigation documents contracts legislation and wills

To prepare a will declaration, it is necessary to prepare as shown below:-

• Clear and specify your will(wish) regarding property administration after death
• You can prepared on your regional language
• Give your assets details
• Choose-beneficiary
• Who is your pet guardian
• Choose executor
• Collect proof of your entire assets
• Collect your ID proof and passport size photograph
• Collect ID proof of your two independent witnesses 
• The testator must personally present in the registration office along with two witnesses

Requirements of a valid will in India

1. There are must be an intention for the testament to take execute after the testator’s death
2. It is the legal declaration of intention with respect to property.
3. The declaration with respect to the property must involve a description of property and not the more appointed of successor.
4.  Will can be revoked or altered during the lifetime of the testators

Validity of a will Indian law

A will is legal document /Legal declaration declared by the testator. Will validity after death of testator can challenged in the court but certain time period. A will document/declaration can challenged up to 12 years after the death of the testator.

Make a will under tax law

1.  Exclusion of income-distribution to specific legatees u/s-168(4)
2. Assessment for executor after the testators death u/s-168
3. Tax planning for H.U.F. through a will- u/s-64(2)
4. Tax Planning for daughter-in-law by a will- u/s-64(1)(VI) and (VII)
5. T ax planning for charitable trust by a will u/s-11
6. Tax planning for discretionary trust by a will u/s-161(1)
7. Tax planning for trust of business  by a will u/s-161(1A)
8. Continuance of the file of diseased person after death u/s-168
9. Tax planning for minor children by a will u/s-64(1) 

Cost of making will document in India

Now you see, that the government of India not charged as fees for registration under the Indian registration act for registration of will document except scanning charges, photocopy charges which are very few. 

Legal will deed-legality

You can now see the original summary of the will under the Indian Succession Act:

(a) The testator will sign or attach his will, or be signed by another person in his presence and in his direction.

(b) The signature or mark of the testator, or the signature of the person signing for it, shall be placed in such a way that it appears that his intention was to influence the writing as a testament.

(c) The will shall attested by two or more witnesses, each of whom has seen the testator signing or attaching his will or the other person signing the will, in his presence and by the testator, or by the testator's signature or sign. Personal signature, or signature of such other person; And each witness will sign the will in the presence of the testator, but it is not necessary that more than one witness be present at the same time and no specific type of certificate is required. "

Legal will format India word file

In like manner, please download here

Study-case law

You see, now

• Jamanadas Versus Naveen Thakorlal and ors (Supreme Court of India)
• Vinodchandra S.Kapadia Versus State of Gujarat (Supreme court of India)
• Roshanben Deraiya Versus State of Gujarat(High court-Gujarat)

Conclusion

Lastly, all in all if the will is registered keeping in view the matters mentioned in this article, in sum the person making the will definitely get due to the benefit as per law. And in like manner it is also desirable to have a will registered with an expert property lawyer if possible.

If you have any questions or want more information about our Will article, you can let us know via email info@askbylaw.com. We will humbly try to resolve your question very easily and on time.

https://askbylaw.com/wp-admin/post.php?post=2292&action=edithttps://askbylaw.com/wp-admin/post.php?post=2308&action=edithttps://askbylaw.com/wp-admin/post.php?post=2337&action=edit

The truth about will on agriculture land everybody should now-what will happens if N.R.I. buy agricultural land in India

what will happens if N.R.I. buy agricultural land in India.Watch first, now this article is intended for free legal education and information purposes only from our law office/law firm and the said article should not prepare as proper free legal advice. For this purpose, as well as readers should contact us for proper and particular legal advice on the said article.

Object: what will happens if N.R.I. buy agricultural land in India

what will happens if N.R.I. buy agricultural land in India. Look it, now there is a great understanding of confusion on the public a about legal document called as a will.

It is for this reason, in the some that I have tried to write an in-depth article on a legal document called Will. Who should make the will? With regard to tax returns, see, now in short I then hope through our Law Firm / Attorney at Law that this article will be useful for the testator regarding tax information and users will increase their legal awareness or understanding through this article.

serial	Summary of content
1.	History
2.	What are the documents required (Related) for agriculture land on will legal document?
3.	How can I buy Government land?
4.	How do I get free government land?
5.	How do you do pedhinama?
6.	Who can issue Pedhinama?
7.	How do get a legal certificate?
8.	Can Daughter claim her right on agriculture land?
9.	Can we plotting on agriculture land?
10.	Can agriculture land be acquired by Government?
11.	Can I get loan for buying agriculture land in India?
12.	Can I build house on agriculture land?
13.	Is agriculture land is taxable?
14.	Which serves as proof of ownership of agriculture land
15.	Study-Case law
16.	Tips for buying agriculture land in India
17.	Conclusion

By all mean now look at the world in more commonly, you see the administration, transfer or disposal of estate after the death of a person has pattern of human psychology or sociology.

History: what will happens if N.R.I. buy agricultural land in India

what will happens if N.R.I. buy agricultural land in India. First, for the most of part there was also a reality that created only for the person who died without any heirs. For one thing the concept of freedom of nature by will-document. It is customary, is taken in common law. Complete freedom than the rule in the situation is the exception.

In time, in this situation civil law often places certain limits on the possibilities of administration, transfer, or disposal of estate.

What are the documents required (Related) for agriculture land on will legal document?

The following documents are most often required for inheritance based on the will of the deceased's property.

1. Original Will and its certified copy
2. Pedhinama
3. Details of total numbers of heirs
4. Affidavit for heirs
5. ID proof of all heirs
6. Passport size photograph of all legal heirs
7. Certified copy of property card ( only for city)
8. Certified copy of Village form no.7-12 and 8A (only for village)
9. Form no.-6 (Entry register) (only for village)
10. Copy of the last property tax bill and receipt
11. Other ownership legal documents
12. Possession letter
13. Allotment letter

How can I buy Government land?

See answer No, because of you cannot directly buy land from the government for your own benefit. You can lease the land for the said build a house or IT park purpose. But you can apply for permission of buying government land to the district collector or government agency of land as per state policy and law of the land. The district collector or government agency of land decides your application on merits of state government policy and state government laws through draw systems.

For the procedure above mentioned purpose prescribed for purchasing such agricultural land involves making an application to the local District Collector or government land agency of where you wish to purchase the land, and making a case for such purchase. As well as the District collector or Government land agency is satisfied and compare to as per norms he will allot the land to you and you will be obliged to commence farming it within twelve months from allotment, or such other period as he may prescribe state policy or and law manner, the said provision related on agriculture land applicable for only agriculturist/Farmer never Non-farmer. Now the District collector or Government land allotment agency decide your permission application not fulfill state laws and state policy he can reject your permission application.

How do I get free government land?

See now for the procedure above mentioned purpose prescribed for purchasing such land or open plot involves making an application to the local District Collector or government land allotment agency of where you wish to purchase the land or plot, and making a case for such purchase. As well as the District collector or Government land allotment agency is satisfied and compare to your permission application as per norms he will allot the land to you and you will be obliged to Built a house or farming it within twelve months from allotment, or such other period as he may prescribe state policy or and law manner, the said provision related on agriculture land applicable for only agriculturist/Farmer never Non-farmer.  But Now the District collector or Government land allotment agency decide your permission application not fulfill state laws and state land allotment policy he can reject your permission application.  

How do you do pedhinama (Pedigree)?

The following documents are most required for Pedigree based on the will of the deceased's property.

1. ID proof of Total heirs of diseased person
2. Panchnama
3. Details of total numbers of heirs
4. Affidavit for heirs
5. Ration card with Adhar card
6. Passport size photograph of all legal heirs
7. Passport size photograph of all Panchs
8. Certified copy of property card ( only for city)
9. Certified copy of Village form no.7-12 and 8A (only for village)
10. Form no.-6 (Entire entry ) (only for village)
11. Copy of the last property tax bill and receipt
12. Other ownership legal documents
13. Possession letter
14. Allotment letter

Who can issue Pedhinama (Pedigree)?

See; take the above mentioned documents to the Talatishri of the village or city. First where the property of the deceased is located and if there are satisfactory documents after verification, for this purpose Talatishri will issue you by signing and stamping the pedigree.

How do get a legal certificate?

Please read carefully.

A. The applicant has to visit the tehsildar or taluka office. An alternative option is when he consults a lawyer from the district civil court.

 B. Get the application form the applicant has to get the application form from the concerned Tehsildar Officer or presiding officer.

 C. The applicant will then have to enter all the required details in the application form.

D. Attach attested documents once all the details are entered, the applicant will have to attach all the mandatory documents with the application form.

E. Affixing stamp the applicant has Rupees 3/- in the application form.

F. Submit the application after this; the applicant will have to submit the application form to the authorized officer in the tehsildar's office or civil court.

G. The application is then verified by the village administrative officer and the revenue inspector or presiding officer.

H. Upon completion of all verification procedures, a certificate will be issued by the concerned authority mentioning all the legal heirs of the deceased.

Can Daughter claim her right on agriculture land?

Definitely, Daughter claims her quall property right on agriculture land.

Can we plotting on agriculture land?

Absolutely, you are fall in definition of farmer of the agriculture land so you can entitle.

Can agriculture land be acquired by Government?

Yes, Government agency or body entitled for acquired agriculture land for public purpose.

Can I get loan for buying agriculture land in India?

The following criteria are must required of Loans for agricultural land.

1. Farmers, dairy owners, horticulturists, and any garden owners are eligible to apply for agricultural loans.

2. Most lenders choose the age of the applicant within 24 to 65 years. However, there are some banks that offer loans to applicants up to the age of 18 years. Eligibility varies from one bank to another.

3. The land is owned by two people, the co-applicant is mandatory.

4. Agricultural land is mortgaged as collateral. The borrower must have a clear name of the land to be eligible to apply for a loan against agricultural land.

5. Generally, lenders prefer borrowers for 2 year residence stability.

6. Most banks offer loans based on the size of the mortgaged land. They usually refer to the minimum acre of land that a farmer should apply for a loan.

Can I build house on agriculture land?

As per provision of law you cannot built a home on the agriculture land. But you are fall in definition of farmer so land revenue code and tenancy law of India provide facility for farmer to build a house in agriculture land.

Is agriculture land is taxable?

Rural agriculture land in rural area of agriculture land does not fall in provision under capital assets. Urban agriculture land called as capital assets but urban agriculture land exemption under tax law thus urban agriculture land fall in long term capital gain tax and short term capital gain tax chargeable at slab rate. But please read carefully.

Exemption in case of compulsory acquisition of urban agricultural land: Any capital gain arising out of compulsory acquisition of urban agricultural land, even if it is a capital asset, will be exempted under section 10 (37) of the Income-tax Act, 1961, if certain conditions mentioned in that section are met.

10 (37) u / s Conditions to be satisfied for claiming exemption from capital gain -

1. Such land should be urban agricultural land.

2. Such land, for a period of two years immediately before the date of transfer, was being used for agricultural purposes by the HUF or the individual or his parents.

3. Such transfer is made by compulsory acquisition under any law or by the Central Government or the Reserve Bank of India as determined or approved.

4. Compensation or consideration for such transfer received on or after April 1, 2004 by such taxpayer has also resulted in such income.

Exemption in other cases of transfer: Exemption under Section 54B of the Income-tax Act, 1961 is available in respect of capital gains arising out of transfer of agricultural land. This exemption is available when the capital gain arising on the sale of urban agricultural land (as a rule agricultural land is not capital property) and such capital gain is used for other agricultural land.

Conditions to be satisfied for claiming exemption U/S-54/B

1. Exemption is available for individual or HUF.

2. The land being sold should have been used by the person or his parents or HUF for a period of two years immediately before the date of transfer for agricultural purposes.

3. Other land for agricultural purpose (whether rural or urban) should be purchased within a period of two years from the date of transfer of this land.

4. New farmland that is purchased to claim Capital Gains Exemption should not be sold within a period of three years from the date of its purchase.

5. If the taxpayer is not able to purchase agricultural land before the date of filing of income tax return under-139 the amount of capital gain should be deposited in any bank or institution before the date of filing the return. Capital Gains Account Scheme 1988, Exemption can be claimed for the amount deposited.

6. If the amount deposited under the Capital Gains Account Scheme is not used to purchase agricultural land - it will be treated as a capital gain for the year in which the period of two years from the date of sale of the land expires.

Exemption from capital gains under 54B- the value of the new farm land is equal to or greater than the capital gains, the total capital gains exemption. Moreover, if the value of the new farm land is less than the capital gain, the capital gains are exempt to the extent of the cost of the new farm land.

Which serves as proof of ownership of agriculture land

The following documents are most required for ownership document of Agriculture land based on the estate.

1. Sale deed-Registered
2. KYC-Agriculture land
3. Records of rights
4. Receipt of property tax
5. Education tax
6. Land tax
7. Village form no.7 and 12
8. Form no.-6 and 8A
9.  Other documents as per state land revenue code in India

Study-Case law

1. Vinodchandra S.Kapadia Versus State of Gujarat (SC)
2. Roshanben Deraiya Versus State of Gujarat(High court-Gujarat) https://main.sci.gov.in/supremecourt/2009/18989/18989_2009_32_1501_22617_Judgement_15-Jun-2020.pdf file:///C:/Users/win7/Downloads/SCA100652020_GJHC240355612020_7_09072021.pdf

Tips for buying agriculture land in India

1. Get title deed of the land plot
2. Agreement for sale
3. Calculation of stamp duty
4. Registration of sale deed
5. Tax related details and documents on land(Master file)
6. Encumbrance certificate
7. Measurement of land
8. Change your title on land in the village
9. To convert agricultural land for Non-agriculture land (N.A.)

1. Conclusion

Lastly, all in all if the will is registered keeping in view the matters mentioned in this article, in sum the person making the will definitely get due to the benefit as per law. And in like manner it is also desirable to have a will registered with an expert property lawyer if possible.

Now, see if you arise any questions or want more information about our said article, you can let us know via email info@askbylaw.com. We will humbly try to resolve your question very easily and on time.

Note now:  Are you feeling value and positive change your legal perception through our article?  Finally, please leave your feedback in comment form. 

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Object of writing an article: -  tax advantages on will

 Tax advantages on will. Watch as soon as the legal document cannot take into account the tax benefits as there is confusion and misunderstanding among the people about the tax benefits of the will.

  It is for this reason, in the some  that I have tried to write an in-depth article on a legal document called Will. Who should make the will? With regard to tax returns, see, now in short I then hope through our Law Firm / Attorney at Law that this article will be useful for the testator regarding tax information and users will increase their legal awareness through this article.

Watch first, now this article is intended for free legal education and information purposes only from our law office/law firm and the said article should not prepare as proper free legal advice. As well as readers should contact us for proper and particular legal advice on the said article.

Ser.	Summary of  content
1.	Introduction-will document and Tax advantages
2.	Meaning –what is a will trust?
3.	Should I have a trust or a will?
4.	How long a will is valid after Death?
5.	What is difference between a will and a trust and a testament?
6.	What are the essential of a will?
7.	What should you never put in your will?
8.	What is a better a will or trust?
9.	What are the tax advantages of will?
10.	Free templates
11.	Conclusion

Introduction-tax advantages on will

First, now soon like Will and Tax advantages under the Indian tax law for this purpose: hence an individual income tax legal document despite for HUF (called as a Hindu Undivided Family) can established by transfer of property by will law.

Second, in conclusion, as you can see  to be specified for this reason above the said property can be divided into spouse and young children’s, in fact as a result thus solving the problem of income clubbing under the provisions of 64/1.

Similarly, last of all like property or property can transfer through will to his spouse or daughter-in-law so as not to reduce the income of 64/1. Learn; watch now the following are some of the benefits of a will in tax planning.

what is a will trust? or tax advantages on will

The trust execute at the conclusion of the probate process after the death of the which person created it for the benefit of his children or others;

This is different from the “inter vivo” trust, which is formed during the lifetime of the colony.

In short, unlike an inter vivo trust; a testamentary trust is not executed until the death of the creator of the trust, at which point it becomes inalienable. It does not take effect during the life of the colony, so it is free to change the trust until death.

Should I have a trust or a will?

You are make living trust; you might well think that you don’t need to also make a will. After all, a living trust basically serves the same purpose as a will. It a legal document in which you drop your property to spouse or children’s or daughter-in-law etc.

How long a will is valid after Death?

One of the fact of the will is carried out of the will is considered to execute. There are no specific law regarding long evict or period of duration for the will implement as per Indian law. And as per common presumption the period of 12(twelve) years are totally passed, the will is implement. 

What is difference between a will and a trust (testament)?

What are the essential of a will?

1. There are must be an intention for the testament to take execute after the testator’s death
2. It is the legal declaration of intention with respect to property.
3. The declaration with respect to the property must involve a description of property and not the more appointed of successor.
4.  Will can be revoked or altered during the lifetime of the testators
5. Will must be attested by two or more independent witnesses

What should you never put in your will?

1. Not to plan for demise or terminal illness
2. Gifting property during lifetime
3. Not tray to update will (again and again)
4. Not living without will
5. Draft will with typography mistake
6. Not to specific and detailed
7. No appoint true executor
8. Transfer on property to minor children

What is a better a will or trust?

Not now a Will, Intestacy can create many issues for your successors;

• Think you If you die a without spouse or blood relative the government may inherit.
• Your spouse may not inherit everything you wish, as many jurisdictions split certain assets between spouse and children.
• A business could be left in an indeterminate state for a period of time.
• A person may have to apply to the court to appoint the administrator of your estate, or a government agency may become the administrator. If not applies any person.
• A common-law spouse or partner may not receive what you may have intended.
• Your property may distribute in a manner you had not wanted. Usually your next of kin would inherit according to the table of Consanguinity which details blood relationships.
• If in a case of second marriage you may unintentionally disinherit children altogether.
• A person may have to apply to the court to appoint the guardian of minor children.
• Family or children outside of wedlock may or may not receive what you intended.
• The court may appoint a guardian for children who may not the person you may have chosen.
• Access to assets may be restricting until an administrator is named, the estate is settled or children reach the age of majority.
• Someone may need to pay liabilities and file taxes. There are also taxes planning opportunities with Will that may miss.

In simplest terms in common law legal systems, some common uses of trusts:

• To provide future gifts or donations to charities
• Provide income to an ex-spouse based on a divorce or judicial separation
• Avoid probate, estate fees and/or taxes
• To hold or manage a gift to minors
• Provide income to children of  previous marriage or relationship
• To keep asset information confidential
• Manage assets and/or income for a disabled or incapacitated person
• Manage assets for someone who lacks expertise
• Tax planning for opportunities

Lastly now, I admit for a will and or a trust both are better documents. What you need determines which is better for you! What do you wish to achieve? Some common uses for both noted in above. Then after decide you, what is profitable for you.  

What are the tax advantages of will?

• Exclusion of income-distribution to specific legatees u/s-168(4)
• Assessment for executor after the testators death u/s-168
•  Tax planning for H.U.F. through a will- u/s-64(2)
• Tax Planning for daughter-in-law by a will- u/s-64(1)(VI) and (VII)
• T ax planning for charitable trust by a will u/s-11
• Tax planning for discretionary trust by a will u/s-161(1)
• Tax planning for trust of business  by a will u/s-161(1A)
• Continuance of the file of diseased person after death u/s-168
• Tax planning for minor children by a will u/s-64(1)  

Free templates

Please download here

Conclusion

Lastly, all in all if the will is registered keeping in view the matters mentioned in this article, in sum the person making the will definitely get due to the benefit/advantage as per law.

If you arise any questions or want more information about our said article, you can let us know via email info@askbylaw.com. We will humbly try to resolve your question very easily and on time.

Note now:  you are feeling value and positive change your legal perception.  So please leave your comment. https://askbylaw.com/wp-admin/post.php?post=2292&action=edit

HISTORY OF G.S.T.-Taxable event in G.S.T.

Taxable event in G.S.T.-Indian legislation passed tax law is applicable for event; GST tax was arisen by PM Mr. Narendra modi’s government of NDA alliance in India. Under the erstwhile indirect tax regime, there was no concept of Supply of goods or service. The stage at which indirect taxes were levied varied under different tax laws. The ‘excise duty’ was charged on goods manufactured when they were taken out of the factory. ‘Service Tax’ was levied based on certain rules known as the ‘point of taxation’ rules, for services rendered. A VAT would arise on the value of the sale of goods or provision of services. The present system has merged all taxes to maintain a single taxable event. As was passed time more and more services included in G.S.T. format. At present, there are about numbers of taxable services collect heavy earnings in the our country.

1. WHAT IS FULLY TAXABLE EVENT?

Taxable event under GST law Is “Time of supply of goods and service or both” the summary is included 

Section 7 of the CGST Act was amended to include a new clause under the definition of supply. Activities or transactions involving the supply of goods or services by any person, other than an individual, to its members or constituents or vice-versa, for cash, deferred payment or other valuable consideration. Earlier, this supply would have been considered as only supply of goods under schedule II. So, the scope is expanded now for levy.

2.ARE EVENT SALES TAXABLE?

As per definition given in law that event Supply includes sale, transfer, exchange, barter, license, rental, lease and disposal. If a person undertakes either of these transactions during the course or furtherance of business for consideration, it will be covered under the meaning of Supply under GST. The said Supply of goods or services has important elements:

• Supply of goods or services  is done for a consideration
• Supply of goods or services is done in course of furtherance of business
• Supply of goods or service (supply of anything other than goods or service does not attract G.S.T.)
• Supply should be made by a taxable person
• Supply should be a taxable supply
• Supply should be made within the taxable territory If the aforementioned elements are not met with, it is not considered as a sale.

3. WHICH IS THE TAX APPLICABLE FOR HOLDING AN EVENT?

The Tax applicable for holding an event activities considered as a supply of goods as per Schedule II of the GST Act as a Transfer of business assets – Transfer of title of goods

1. Business assets transferred/disposed of with or without consideration.

2. If the owner ceases to be a taxable person then his business assets will    be assumed to be supplied to him in course of his business– This is not applicable in the following under mentioned transactions:

     A. Business is transferred to another person.

     B. Business is carried by a taxable representative

Activities considered as a supply of services as per Schedule II of the GST Act – Transfer of right in goods without transfer of title

1. Land and building, Lease, rent, tenancy, easement, license to occupy land
   1. Lease or letting out of the building (Building includes commercial/ industrial/residential complex for business use either wholly or partly)
   1. Transfer of business assets: The owner uses or allows to use business assets for personal use.
   1. Renting of immovable property (Rented residence is exempted from GST)
   1. Development of information technology software Agreeing to refrain from an act – Non-competition agreements Transfer of right to use any goods for a consideration
   1. Any treatment or process which is applied to another person’s goods is a supply of services.
2. Composite supply and Mixed Supply:
3. There are a few supplies which are made together with two or more items. Such supplies are further classified into composite supply and mixed supply. 
4. A supply comprising of two or more goods/services, which are necessarily supplied in conjunction with each other as per frequent business practices followed in that area. In other words, these items cannot be supplied individually. There is a principal supply and a secondary supply in the whole transaction. In such cases, the tax rate on principal supply will apply to the entire supply.
5. A supply comprising of two or more goods/services, wherein the supplies are independent of each other and are not necessarily required to be sold together is called a mixed supply. The first condition to be met for mixed supply is that ‘it should not be a composite supply’. In such cases, the tax rate that is higher of the two supplies will be applicable to the entire supply.
6. Import of services:
7. Import of goods/services with consideration is considered as supply whether for personal or business use.

4. TAXABLE EVENT 401.K

Country wise provision of the G.S.T. law 401.k is an organisation saving plan that lets employee invest some of their funds before pay tax. Employers often will match some portion of 401k accept in India we have the E.P.F., E.S.I. and P.P.F. etc government scheme. where the amount invested is tax free government scheme (as per limit mentioned under tax law) in the said column I will be discussing one of the aspect which we as professional are likely to come across in case of individuals returning from the US on the front of their personal retirement finance.

• Retirement Plans (401K plan and Individual retirement Account (IRA) Plan 

401K plan is subscribed to when the individuals is in employment, the employer pay equal contributions benefit of employee

An individual retirement account plan subscription is pay when the taxpayer is generating self-employment income. In case of a tax payer who is a member of a 401K plan, when his/her employment service are discontinue, the 401k plan can be rolled over into IRA plan.

5. TAXABLE EVENT MEANING IN HINDI

जीएसटी कानून के तहत कर योग्य घटना "माल और सेवा या दोनों की आपूर्ति का समय" सारांश शामिल है

आपूर्ति की परिभाषा के तहत एक नया खंड शामिल करने के लिए सीजीएसटी अधिनियम की धारा 7 में संशोधन किया गया था। नकद, आस्थगित भुगतान या अन्य मूल्यवान प्रतिफल के लिए अपने सदस्यों या घटकों को या इसके विपरीत, किसी व्यक्ति के अलावा किसी अन्य व्यक्ति द्वारा वस्तुओं या सेवाओं की आपूर्ति से संबंधित गतिविधियाँ या लेन-देन। पहले इस आपूर्ति को अनुसूची II के तहत केवल माल की आपूर्ति के रूप में माना जाता था। इसलिए, अब लेवी के दायरे का विस्तार किया गया है। वस्तुओं या सेवाओं की उक्त आपूर्ति में महत्वपूर्ण तत्व हैं:

1. वस्तुओं या सेवाओं की आपूर्ति एक विचार के लिए की जाती है

2. वस्तुओं या सेवाओं की आपूर्ति व्यवसाय को आगे बढ़ाने के क्रम में की जाती है

3. माल या सेवा की आपूर्ति (वस्तु या सेवा के अलावा किसी भी चीज़ की आपूर्ति पर जीएसटी नहीं लगता है)

4. आपूर्ति कर योग्य व्यक्ति द्वारा की जानी चाहिए

5. आपूर्ति एक कर योग्य आपूर्ति होनी चाहिए

6. आपूर्ति कर योग्य क्षेत्र के भीतर की जानी चाहिए

(उपयोगकर्ताओं से अनुरोध है कि यहां अनुवादित जानकारी का उपयोग करने से पहले सत्यापित करने की आवश्यकता है)

6. TAXABLE EVENT UNDER G.S.T. WITH EXAMPLE

 Buying a Dry Fruit Gift Box for Diwali. It includes dry fruits, a box, and a wrapper. Box and wrapper cannot be sold individually without the main content which is dry fruit. This is a composite supply. 

Buying a Festival package consisting of cakes, aerated drinks, chocolates, caps, and other gift items. Each of these items can be sold separately and are not dependent on each other. This is a mixed supply.  

7. TAX EXEMPTION IN EVENT?

As per u/s. 11 and 6 of the IGST are various types of supplies which are not liable to tax under taxable event:-

1. Non-Taxable supply or service (u/s-2(78) of the CGST
   1. Nil rated supply or service (Notification no. 11/2017 dated 28/06/2017of the IGST
   1. Zero rated supply or service (u/s-16(1) of the IGST

1. Exemption to Small Scale Service Providers:

1.  In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the said Finance Act), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts taxable services of aggregate value not exceeding Ten lakh* rupees in any financial year from the whole of the service tax leviable thereon under section 66 of the said Finance Act:
2.  Provided that nothing contained in this notification shall apply to,-

(i) Taxable services provided by a person under a brand name or trade name, whether registered or not, of another person; or

(ii) Such value of taxable services in respect of which service tax shall be paid by such person and in such manner as specified under sub-section (2) of section 68 of the said Finance Act read with Service Tax Rules,1994.

2. The exemption contained in this notification shall apply subject to the following

1. conditions, namely:-

(i) the provider of taxable service has the option not to avail the exemption contained in this notification and pay service tax on the taxable services provided by him and such option, once exercised in a financial year, shall not be withdrawn during the remaining part of such financial year;

(ii) the provider of taxable service shall not avail the CENVAT credit of service tax paid on any input services, under rule 3 or rule 13 of the CENVAT Credit Rules, 2004 (herein after referred to as the said rules), used for providing the said taxable service, for which exemption from payment of service tax under this notification is availed of;

(iii) the provider of taxable service shall not avail the CENVAT credit under rule 3 of the said rules, on capital goods received in the premises of provider of such taxable service during the period in which the service provider avails exemption from payment of service tax under this notification;

(iv) the provider of taxable service shall avail the CENVAT credit only on such inputs or input services received, on or after the date on which the service provider starts paying service tax, and used for the provision of taxable services for which service tax is payable;

(v) the provider of taxable service who starts availing exemption under this notification shall be required to pay an amount equivalent to the CENVAT credit taken by him, if any, in respect of such inputs lying in stock or in process on the date on which the provider of taxable service starts availing exemption under this notification;

(vi) the balance of CENVAT credit lying unutilised in the account of the taxable service provider after deducting the amount referred to in sub-paragraph (v), if any, shall not be utilised in terms of provision under sub-rule (4) of rule 3 of the said rules and shall lapse on the day such service provider starts availing the exemption under this notification;

(vii) where a taxable service provider provides one or more taxable  services from one or more premises, the exemption under this notification shall apply to the aggregate value of all such taxable services and from all such premises and not separately for each premises or each services; and

(viii) the aggregate value of taxable services rendered by a provider of taxable service from one or more premises, does not exceed rupees *ten lakhs in the preceding financial year.

3. For the purposes of determining aggregate value not exceeding ten*lakh rupees, to avail exemption under this notification, in relation to taxable service provided by a goods transport agency, the payment received towards the gross amount charged by such goods transport agency under section 67 for which the person liable for paying service tax is as specified under subsection (2) of section 68 of the said Finance Act read with Service Tax Rules, 1994, shall not be taken into account.

      Explanation.- For the purposes of this notification,-

 (A) "brand name" or "trade name" means a brand name or a trade name, whether registered or not, that is to say, a name or a mark, such as symbol, monogram, logo, label, signature, or invented word or writing which is used in relation to such specified services for the purpose of indicating, or so as to indicate a connection in the course of trade between such specified services and some person using such name or mark with or without any indication of the identity of that person;

(B) "aggregate value not exceeding *ten lakh rupees means the sum total of first consecutive payments received during a financial year towards the gross amount, as prescribed under section 67 of the said Finance Act, charged by the service provider towards taxable services till the aggregate amount of such payments is equal to ten lakh rupees but does not include payments received towards such gross amount which are exempt from whole of service tax livable thereon under section 66 of the said Finance Act under any other notification.

4. This notification shall come into force on the 1st day of April, 2005. [Notification No. 6/2005-ST, dated 1-3-2005. *Amended by Notfn.No. 8/2008-ST dated 01.03.2008]

3. Services to UN Agencies

• Services provided to United Nations or an International Organizations are exempt. [Notification No. 16/2002-ST, dated 2-8-2002]

4. Export of service

Any service which is taxable under clause 105 of Section 65 may be exported without payment of service tax. (Rule 4 of Export of Services Rules, 2005)

5. Exemption to services provided to a developer of SEZ or a unit of SEZ:

Exempts the taxable services specified in clause (105) of section 65 of the said Finance Act, which are provided in relation to the authorized operations in a Special Economic Zone, and received by a developer or units of a Special Economic Zone, whether or not the said taxable services are provided inside the Special Economic Zone, from the whole of the service tax leviable thereon under section 66 of the said Finance Act subject to certain conditions. (Refer notification for details) {Notification No. 09/2009ST dated 03.03.2009 (Prior to 03.03.2009 Notfn.No4/2004-ST dated 31.03.2004)}

6. Exemption to value of goods & material sold by service provider:

In exercise of the powers conferred by section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts so much of the value of all the taxable services, as is equal to the value of goods and materials sold by the service provider to the recipient of service, from the service tax leviable thereon under section (66) of the said Act, subject to condition that there is documentary proof specifically indicating the value of the said goods and materials.(Notification No. 12/2003-ST dated 20.06.2003 effective from 01.07.2003)

7. Exemption to taxable services provided by TBI and STEP:

All taxable services, provided by a Technology Business Incubator (TBI) or a Science and Technology Entrepreneurship Park (STEP) recognized by the National Science and technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology, Govt. of India from the whole of the service tax livable thereon subject to certain conditions and procedures. (notification for details) (Notification No.09/2007 ST dated 01.03.2007)

8. Exemption to taxable services provided by entrepreneurs located within the premises of TBI or STEP:

All taxable services, provided by an entrepreneur located within the premises of a Technology Business Incubator (TBI) or a Science and Technology Entrepreneurship Park (STEP) recognized by the National Science and technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology, Govt. of India from the whole of the service tax leviable thereon subject to certain conditions and procedures. (Refer notification for details) (Notification No.10/2007 ST dated 01.03.2007)

9. Exemption to services provided to Foreign Diplomatic Missions or Consular Post in India:

All services provided by any person, for the official uses of a Foreign Diplomatic Mission or Consular Post in India are exempted from service tax subject to certain conditions and procedures. (notification for details) (Notification No. 33/2007-ST dated 23.05.2007)

10. Exemption to services provided for personal use of a family member of Diplomatic Agent or Career Consular Officers posted in Foreign Diplomatic Mission/Consular Post in India:

All services provided by any person, for personal use of family member of Diplomatic Agents or Career Consular officers posted in a Foreign Diplomatic Mission or Consular Post in India are exempted from service tax subject to certain conditions and procedures. (notification for details)(Notification No. 34/2007-ST dated 23.05.2007)

As per mentioned activities or transactions treated neither as the sale of goods nor sale of services as per Schedule III of GST Act, Following are the transactions covered under Negative list:

• Services provided by an employee to the employer
• Gifts up to Rs.50,000/- in value in a Financial Year, by an employer to an employee
• Services of the funeral, burial, crematorium or mortuary including transportation of the deceased
• Services by any court or Tribunal
• Duties performed by the MP/MLA/MLC/ Members of Local Bodies
• Duties performed by any person as a Chairperson or a Member or a Director in a body established by the Central Government or a State Government or local authority
• Duties performed by any person who holds any post in pursuance of the provisions of the Constitution in that capacity
• Sale of Land
• Sale of Building (However, If construction of a complex /building intended for sale to a buyer and part of the consideration is received before completion, then it will be treated as Supply of Services)

Actionable claims, other than lottery, betting and gambling

8. CONCLUSION

It is in the interest of the people and the government to calculate the supply or service or both event and pay the tax properly as per the information given above.https://askbylaw.com/wp-admin/post.php?post=589&action=edit

1. Definition OF G.S.T. input tax credit rules in India

See, Provision has made in the law to learn G.S.T. input tax credit rules in India. on completion of delivery of goods or services that there no double burden of tax in the transaction of goods or services in G.S.T.

An essential condition for obtaining an input tax credit that the goods or services must have actually sold, the goods or services must have been obtained in G.S.T.

The tax on the sale of goods or services must paid in full by the supplier.

2. Validity of gst input tax credit rules in India

The government has introduced Rule 86-A in a situation where the use of such input tax credit is not accepted as an obligation to pay G.S.T. tax if a tax credit is sought on the basis of a bogus bill that is primarily questionable.

3. Investigation of gst input tax credit rules in India

Based on the company's demand regarding I.T.C., the officer launched an investigation. In which, he found that some traders were involved in the activity of issuing tax invoices only to the producers of steel goods and the company had received such invoices from such people.

The goods were seized the input tax credit officer without any transaction and further investigation revealed that such tax credit was not due to the company.

4. Kind of I.T.C.

In cases where the bill appears to be bogus first glance and the officer has received his information.And the decision to be approved by the officer but the decisions of the officer can be challenged in the higher forum on the basis of the provisions of constitutional rights. The Hon'ble Gujarat High Court has also asked the authorities to be careful while exercising their powers.

5. Search & Order of I.T.C.

Input tax credit and transactions were not consistent when the officer went to the company's business premises and checked the transactions. Then after, the officer forced the company to pay Rs 25 lakh during the investigation and also blocked the input tax credit of Rs 84 lakh as per the provisions of Rule 86A of GST. In another related case, Rs 7.65 crore was deducted from the input tax credit ledger for the same reason. GST The steps taken by the officer against the company were challenged in the Hon'ble Gujarat High Court

6. Case study of I.T.C.

We will try to understand this situation on the basis of the judgment of the Hon'ble Gujarat High Court in the case number S.C.A. 8841 of 2020 of S.S. Industries v. Union of India. In the present case.

the company T.M.T. Manufactures bars, G.S.T. The company claimed input tax credit (I.T.C.) on the basis of tax invoices as per the rules laid down in the law.

7. Court observation under I.T.C.

As per the study of the decision of the Hon'ble Gujarat High Court, it is not necessary to issue notice or report before exercising the power vested under Rule 86/A.

Under this rule the officer must have sufficient and definite reason to believe. An officer cannot act on the basis of presumption alone; Officers are not liable to give reasons for action taken under Rule 86/A.

But if the authority of the officer is challenged, the officer has to disclose the basis on which the action has been taken. This 86A rule should not be used to annoy a trader

8. conclusion of I.T.C.

Interpreting the decision of Hon'ble Gujarat High Court, Input tax credit can be blocked under rule-86A in the following circumstances.

1.Not doing business as stated by the supplier at the registered place or the business stated by him does not exist

2.Neither the goods nor the services have been received and input tax credit has been sought on the basis of tax invoice or debit note.

4.The tax payable by the supplier has not been deposited in the government treasury

5.No goods or services have been accepted at the place of registered business or the registered business does not exist

5.Input tax credit is required even if there is no invoice, debit note or other paperwork as per the rules.

this is not advise. You can contact us to get detailed information about this article

Introduction-Tax collection & recovery

टेक्स कलेक्शन एट सोर्सेस(टी.सी.एस.) किसको कहते हे ? Who is called Tax Collection at Source (T.C.S.)?

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Introduction-Capital gain tax on Agriculture Land

Capital gain tax on Agriculture Land-कृषि भूमि धारको के एक ही सवाल बार बार पूछे जानने पर यहाँ में विस्तारसे केपिटल गेन टेक्स कृषि भूमि पर लागु कब होता हे.और लागु नहीं होता इसके बारेमे चर्चा करी हे जो आपके काम आ सकती हे।

किसान अपनी कृषि भूमि किसी को बेचता हे या फिर देश की सरकार किसी पब्लिक पर्पस के लिए एक्वायर करती हे तब किसान को केपिटल गेन टेक्स चुकाने की जिम्मेदारी कृषि भूमि धारक पर रखी गयी हे .

या फिर कृषि भूमि धारक को कैपिटल गेन टेक्स भरनेसे मुक्ति प्रदान की गयी हे ये सब बाते कृषि भूमि धारक के लिए जानना अनिवार्य हे।

कृषि भूमि के बारेमे भारतीय इनकम टेक्स कानून के क्या-क्या प्रावधान हे इसकी चर्चा नीचे की गयी हे।

Meaning & Interpretation-Capital gain tax on Agriculture Land

इनकम टेक्स कानून की सेक्शन २(१-अ) के मुताबिक कृषि भूमि की आय की व्याख्या सेक्शन-२(१४) कैपिटल संपत्ति की व्याख्या और कैपिटल गेन टेक्स कानून की सेक्शन-२(इ) को साथ रखकर अध्ययन करने के बाद पता चलता हे.

केंद्र सरकारने ०६/०१/१९९४ और २८/०२/१९९९ के नोटिफिकेशन के द्वारा भारत देश के अलग-अलग राज्यों के शहरोकी फिक्स हुयी म्युनिसिपल बाउंड्री से ८ किलोमीटर तक आयी हुई जमीनों का समावेश किया गया हे.

समयपर यह नोटिफिकेशनोमे सुदार लाकर नए शहरो की और उनके सम्बंधित म्युनिसिपल बाउंड्रीसे फिक्स किये गए डिस्टन्स में ज्यादा सुधार नहीं लाना पड़े वो मंशासे फाइनेंस बिल में कुछ इस प्रकारके प्रावधान किये गए हे।

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Criteria-Capital gain tax on Agriculture Land

१. ऊपर दर्शये गए ऑब्जेक्ट के लिए दस हजारसे एक लाख तक की जन आबादी वाले शहरोके लिए उस शहर की म्युनिसिपल बाउंड्री से लेकर २ किलोमीटर के सराऊँडिंग विस्तार को ध्यानमे लेना होगा।
२. एक लाख से दस लाख तक की जन आबादी वाले शहरोके लिए उस शहर की म्युनिसिपल बाउंड्री से लेकर ६ किलोमीटर के सराऊँडिंग विस्तार को ध्यानमे लेना होगा।
३. दस लाख से ऊपरकी जन आबादी वाले शहरोके लिए उस शहर की म्युनिसिपल बाउंड्री से लेकर ८ किलोमीटर के सराऊँडिंग विस्तार को ध्यानमे लेना होगा।

जन आबादी गणना के लिए वित्तीय वर्ष के पहले प्रकाशित किये गए दस वर्षीय आबादी के आंकडेको ध्यानमे लेकर निर्णय करना होगा.

कृषि भूमि को करमुक्त माना जायेगा या नहीं ?

Deduction-Capital gain tax on Agriculture Land

संपत्ति कानून की सेक्शन-२ (इ/अ) में जो "संपत्ति" म्युनिसिपल बाउंड्री के २५ किलोमीटर्स के अंदर अगर फार्म हाउस भी आता हे तो फार्म हाउस की गिनती भी टैक्सेबल एसेटमें किये जाने का प्रावधान हे।

लेकिंन, कृषि भूमि पर बनाया गया फार्म हाउस, किसी शहर की म्युनिसिपल बाउंड्री के २५ किलोमीटर्स के बाद के विस्तारमे आता हे तो वो करमुक्त गिना जायेगा।

इसके अलावा कोई व्यक्ति या हिन्दू अविभक्त कुटुम्ब याने के एच.यु.एफ. हो ऐसे केसमे उनकी प्रॉपर्टी या फिर प्रॉपर्टी का कुछ हिस्सा सेक्शन-५(१) (६) के तहत टेक्स फ्री गिना जायेगा। यह प्रावधान से फार्म हाउस के सबंधमे टेक्स एक्सेम्पशन भी क्लेम कर सकते हे।

Exemption

" कृषि भूमि" को संपत्ति कानून की डेफिनेशन में स्पष्टरूपसे समावेश नहीं किया गया हे. संपत्ति कानून के तहत शहर की भूमि जो की म्युनिसिपल एरिया की बाउंड्रीमें आयी हुई हो और बाउंड्रीसे ८ किलोमीटर्स तक के विस्तार जो केंद्र सरकारने ये हेतु को पूरा करने के लिए प्रकाशीत किये गये अलग -अलग नोटिफिकेशन के जरिए निर्दिष्ट की गयी भूमि को टैक्सेबल असेट कहा जाता हे।

जबकि इसमें कुछ अपवाद दिए गए हे, जिसमे १. जिस भूमि पर कन्स्ट्रक्शन करना पॉसिबल नहीं हो ऐसी भूमि को टैक्सेबल नहीं गिना जाएगा (२) revenue कानून के तहत कृषि भूमि पर कन्स्ट्रुइक्शन नहीं किया जा सकता इस तर्कके आधार पर शहरमे आयी हुई कृषि भूमि को भी टैक्सेबल प्रॉपर्टी गईं नहीं सकते। उसके अलावा क्रॉप, ट्री , एनिमल कृषि औजार जैसे विविध वस्तु को भी मिलकत की डेफिनेशन में रखा नहीं गया हे , इसी वजह से टोटली करमुक्त गिना जा सकता हे।

यह बात को प्रमाणित करने के लिए क्या आधार हे ?

कृषि भूमि अगर शहर के विस्तारमे में आयी हो तो भी कृषि भूमि को असरकर्ता अन्य कानून में किये गए प्रावधान के कारन ही नॉन एग्रीकल्चर भूमि पर हो कन्स्ट्रक्शन किया जा सकता हे, एग्रीकल्चर भूमि पर कंस्ट्रक्शन नहीं किया जा सकता हे इस आधार पर ही शहर की भूमि की व्याख्यामे निर्दिस्ट किये गए अपवाद को ध्यान में रखकर ही निर्णय करना होगा, इस प्रकारसे कृषिभूमि के अपवादको मानकर कृषि भूमि पर कोई जिम्मेदारी केंद्र सरकारने उत्पन्न नहीं की हे, और कृषि भूमि को करमुक्त रखा गया हे ।

इसका आधार कमिश्नर ऑफ़ वेल्थ टेक्स विरुद्ध इ. उदयकुमार के केसमे मद्रास हाई कोर्ट निर्णय में यह बात प्रस्थापित होती हे।

Study-Case law

इ. उदयकुमार के केसमे मद्रास हाईकोर्टने अपना निर्णय सुनते हुए कहा की बिक्री दस्तावेज अन्य तीन बिक्री दस्तावेज को असरकर्ता हे, उन्होंने प्रावधान ५४बी के तहत करमुक्ति की डिमांड की थी क्योकि उन्होंने कृषि भूमि को बेचकर दो साल के अंदर दूसरी नई कृषि भूमि खरीद कर ली थी, एसेसिंग अफसरने ये कहकर क्लेम रिजेक्ट कर दिया था की इनके पास कृषि भूमि का होल्डिंग नहीं हे.

तब असेसीने कमिश्नर ऑफ अपील्स को अप्रोच किया तो उन्होंने भी असेसी का क्लेम रिजेक्ट कर दिया उसके बाद असेसीने ट्रिब्यूनल को अपना केस अप्रोच किया ट्रिब्यूनल ने माना की असेसी का क्लेम एक्सेप्टेबल हे.

तब वेल्थ टेक्स डिपार्टमेंटने हाईकोर्ट में अप्रोच किया और मद्रास हाई कोर्टने ये निर्णय सुनाया की असेसी को सेक्शन ५४बी के तहत एक्सेम्पशन मिलना चाहिए क्योकि डिपार्टमेंट की अपील्स में कोई मेरिट या रेश्यो नहीं हे इसी लिए डिपार्टमेंट की अपील्स को ख़ारिज किया जाता हे।

 

कमिश्नर ऑफ़ वेल्थ टेक्स विरुद्ध लेट.रिटायर आर.के.मेहरा के केस में पंजाब-हरियाणा हाईकोर्ट के समक्ष आये केसमे अपना निर्णय सुनाते हुए कहा की असेसी की भूमि अर्बन भूमि हे इसीसलिए अर्बन भूमि में कंस्ट्रक्शन रेवेन्यू कानून के तहत पेर्मिसिबल नहीं हे.

इसीलिए यह केस सीधा असेसी-रिस्पोंडेंट को कवर करता हे, डिपार्टमेंट की अपील्स में कोई मेरिट या रेश्यो नहीं हे इसी लिए डिपार्टमेंट की अपील्स को ख़ारिज किया जाता हे।

इस प्रकार प्रस्थापित कानून और नए सुधार को ध्यानमे लेते हुए कृषि भूमि धारकोको संपत्ति कर भरना पडेगा इस प्रकार के दृष्टिकोण को कानूनी स्वरुपसे माना नहीं जाना चाहिए.

कृषि भूमि धारण करनेवाले मालिक को किसी प्रकारसे डरनेकी जरुरत नहीं हे, उम्मीद करता हु की में और मेरे आर्टिकल आपको काम आएंगे

ये आर्टिकल के बारेमे आपको ज्यादा जानने की जरुरत हे तो आपके लिए कमेंट का प्रावधान किया गया हे.

जिसके जरिए आप अपनी समय मुज तक पहुचाकर अपनी कानूनी समस्याका कानूनी समाधान प्राप्त कर सकते हे।

 

धन्यवाद

 

Tax refund-करदाता के लिए टैक्स रिफंड टाइम पर मिलना एक बहुत बड़ी और अच्छी बात होती हे, वो करदाता चाहे ब्यापारी हो, व्यक्तिगत हो या कोई कंपनी हो, या फिर कोई ऍन.जी.औ. हो, टैक्स रिफंड के लिए ज्यादातर करदाता टाइम पर अपना रिटर्न फाइलिंग कर देते हे ताकि टैक्स रिफंड से आनेवाली रकम का कोई हेतुपूर्ण उपयोग कर सके। लेकिन कभी-कभी करदाता को किसी कारण टैक्स रिफंड टाइम पर जमा नहीं मिलता तब उनकी परिस्थिति विकट हो जाती हे और टैक्स रिफंड अथॉरिटी और सिस्टम के प्रति अपनी नाराजगी और सबमिशन करने के बाद भी जब टैक्स रिफंड नहीं मिलता तब करदाता की स्थिति देखने लायक जाती हे। करदाता को औथोरिटी और सिस्टम के विरुद्ध अपना रिफंड पानेके लिए कानूनी संघर्ष करना पड़ता हे और कानूनी संघर्ष में अधिकार प्राप्त करने के लिए कोर्ट का दरवाजा खट-खटाना पड़ता हे, ऐसी ही एक टैक्स रिफंडकी समस्या में नामदार गुजरात हाईकोर्ट ने करदाता को सच्चा न्याय देकर करदाता के टैक्स रिफंड को तुरंत ब्याज के साथ देने का निर्णय किया हे और टैक्स रिफंड डिपार्टमेंट को दंडीत किया गया हे। ये केस की पूरी डिटेल यहाँ में आपके साथ विस्तारसे डिसकस करता हु।

Tax refund-मेसर्स कॉपर रोड प्राइवेट लिमिटेडने सेंट्रल एक्साइज ऐंड सर्विस टैक्स डिपार्टमेंटमें टैक्स रिफंड पानेके लिए क्लेम किया था लेकिन कुछ वजहसे सेंट्रल एक्साइज ऐंड सर्विस टैक्स डिपार्टमेंटने मेसर्स कॉपर रोड प्राइवेट लीमिटेड का रिफंड का क्लेम नहीं दिया था, उसके बाद मेसर्स कॉपर रोड प्राइवेट लिमिटेडने सेंट्रल एक्साइज ऐंड सर्विस टैक्स ट्रिब्यूनल में टैक्स रिफंड प्राप्त करने हेतु न्याय की दरख्वास्त की थी, सेंट्रल एक्साइज ऐंड सर्विस टैक्स ट्रिब्यूनलने भी करदाता को टैक्स रिफंड देने का हुकम किया, उसके बावजूद भी सेंट्रल एक्साइज ऐंड सर्विस टैक्स डिपार्टमेंटने करदाता मेसर्स कॉपर रोड प्राइवेट लिमिटेड को टैक्स रिफंड दिया नहीं था। तब मेसर्स कॉपर रोड प्राइवेट लिमिटेडने टैक्स रिफंड प्राप्त करने हेतु नामदार गुजरात हाईकोर्ट का सहारा लिया।

Tax refund-मेसर्स कॉपर रोड प्राइवेट लिमिटेडने सेंट्रल एक्साइज ऐंड सर्विस टैक्स डिपार्टमेंट की विरुद्धमे नामदार गुजरात हाईकोर्टमे केस नंबर ८२२५/२०२० दाखिल किया
ये केस की हकीकत इस प्रकार थी। सेंट्रल एक्साइज ऐंड सर्विस टैक्स ट्रिब्यूनलने करदाता मेसर्स कॉपर रोड प्राइवेट लिमिटेड की अपील तारीख ०९-०५-२०१९ को रूपये ३.६ करोड़ के रिफंड को ब्याज के साथ देनेका हुकम करके अपिलको ऐलाव किया था। लेकिन सेंट्रल एक्साइज ऐंड सर्विस टैक्स ट्रिब्यूनल के आदेश के बावजूदभी असिस्टेंट कमिशनरने रिफंड मेसर्स कॉपर रोड प्राइवेट लिमिटेडको देनेके बदले रिफंड की रकमको कंस्यूमर वेलफेर फंड में जमा करनेका आदेश दिया।

असिस्टेंट कमिशनरने किये आदेश के विरुद्ध मेसर्स कॉपर रोड प्राइवेट लिमिटेडने सेंट्रल एक्साइज ऐंड सर्विस टैक्स डिपार्टमेंट के विरुद्ध अपील असिस्टेंट कमिश्नर को केस रिमांड किया। उसके बादभी असिस्टेंट कमिशनरने मेसर्स कॉपर रोड प्राइवेट लिमिटेड को रिफंड की रकम कई महीनो तक क्रेडिट नहीं दी इसी कारण मेसर्स कॉपर रोड प्राइवेट लिमिटेडने नामदार गुजरात हाईकोर्टमे केस दाखिल किया।

नामदार गुजरात हाईकोर्टने ये ऑब्ज़र्व किया और वाकिफ हुए और डिपार्टमेंट के कॉउन्सिलने बताया की डिपार्टमेंटने आर्डर के विरुद्ध अपील दाखिल की हे इसी वजह से रिफंड नहीं दिया गया हे तब नामदार गुजरात हाईकोर्टने डिपार्टमेंट के कॉउन्सिलको कहा की उनका बचाव हर हाल में मंजूर नहीं किया जा सकता हे और हम जान गए हे की असिस्टेंट कमिशनरने कायदे के बाहर जाकर मेसर्स कॉपर रोड प्राइवेट लिमिटेडको टैक्स रिफंड चुकाया नहीं हे। ट्रिब्यूनलने बताया तो हे की करदाता रिफंड प्राप्त करने के लिए समर्थ हे फिरभी करदाता को रिफंड की रकम देने के बदले डिपार्टमेंट अपील करनेवाला हे ऐसी बेवजह बात के आधार पर रिफंड की रकम कंस्यूमर वेलफेर फंड में जमा दे दी जाती हे जब की कंस्यूमर वेलफेर फंडमें रिफंड की रकम जमा रखनेका कोई कानूनी कारण नहीं हे। करदाता एक प्राइवेट लिमिटेड कंपनी हे और उनको फण्ड की जरुरत हे कमिश्नर- अपील्सने हुकम के बावजूदभी आजतक करदाता को रिफंड नहीं दिया गया हे। हमारे ओपिनियन के अनुसार करदाता को रिफंड नहीं देनेका निर्णय कोई कानूनी न्याय नहीं हे।

नामदार गुजरात हाईकोर्टने और कहा की रिफंड नहीं देने का आर्डर करनेवाले असिस्टेंट कमिश्नरको हम यहाँ प्रस्तुत देखना चाहते हे लेकिन डिपार्टमेंट के कॉउन्सिल के आग्रहसे रिफंड की पूरी रकम २४ घंटेमें करदाताको भुगतान करने के लिए गारंटी देते हे लेकिन करदाता को रिफंड देते नहीं हे नामदार गुजरात हाईकोर्टने अपना फैसला सुनाते हुए कहा की डिपार्टमेंटने रिफंड की रकम कंस्यूमर वेलफेर फंडमें जिस दिन से जमा की हे उसी दिन से ६% ब्याज के साथ और उनसे बाद एक्चुअल भुक्तान की तारीख तक १८% ब्याज प्राप्त करने के लिए करदाता हकदार बनता हे, और एडिशिनल ब्याज डिपार्टमेंट इन्क्वायरी के बाद जो-जो अधिकारी रिफंड की रकम भुक्तान नहीं करने हेतु दोषित हे उनके पाससे वसूल करने का हुकम करते हे तो करदाता रूपये १,००,०००/- की कोस्ट प्राप्त करने के लिए हक़दार हे और ये रकम भी गलती करनेवाले अधिकारीके पाससे वसूल करनेका हुकम नामदार गुजरात हाईकोर्टने फ़रमाया।

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Read more-https://www.incometaxindia.gov.in/Pages/tax-services/status-of-tax-refund.aspx

Introduction-GST And Trust

GST And Trust-GST का कानून गवर्नमेंट ने लागू किया हे, शायद कोई ऐसी व्यक्ति नहीं जिसे GST लागु नहीं होता। शायद कोई ऐसी व्यक्ति नहीं हे जिसको GST का रजिस्ट्रेशन नंबर लिया नहीं हो। GST के दायरे से कोई बच नहीं पाया हे, GST का सेक्शन २३ जानते हे तो ऐसा लगता हे की किन-किन व्यक्ति को अप्लाई करने की जरुरत नहीं। ये सब जानने के बाद कन्फूजन पैदा होता हे की क्या पब्लिक चेरिटेबल ट्रस्ट याने के ऍन.जी.ओ. को GST का रजिस्ट्रेसन करवाने की जरुरत हे भी या नहीं? क्या पब्लिक चेरिटेबल ट्रस्ट को GST देना पड़ता हे। ये कन्फूजन के बारेमे GST के कानून में दी गयी डेफिनेशन और उनके रिलेटेड सेन्ट्रल टैक्स रेट का नोटिफिकेशन नंबर १२/२०१७ और सेक्शन २३ को साथ में जानना आवश्यक हे।

सेक्सन २(८४)-
GST के कानून की सेक्सन २(८४) में व्यक्ति किसे कहते हे उस्की व्याख्या की गई हे, GST की जो व्याख्या की गई हे उसमें पब्लिक ट्रस्ट का समावेश किया गया हे।

सेक्सन २ (१७)
सेक्सन २ (१७) में ब्यापार की डेफिनेशन की गयी हे।
सेक्सन २(१७) को जानने के बाद हे तय होता हे की हर कोई ऐसा कार्य जो प्रॉफिट कमाने या फायदा नहीं करने हेतु किया गया हो, ऐसे कार्यों को भी ब्यापार माना जायेगा। ये डेफिनेसनसे अगर कोई व्यक्ति फिनांसियल बेनिफिट के लिए काम नहीं करता हो तो भी वह GST के ब्यापार के दायरेमें आ जाता हे

GST नोटिफिकेशन नंबर १२/२०१७ तारीख:- २८/०६/२०१७ सेन्ट्रल टैक्स रेट
गवर्नमेंटने ऊपर बताया गया नोटिफिकेशन पब्लिश किया गया हे, नोटिफिकेशन के अनुक्रम १ में जो बताया गया हे उसके मुताबिक हर कोई इंस्टीट्यूट जो इनकम टैक्स कानून की सेक्सन १२ऐऐ में रजिस्टर हुआ हे वो चैरिटेबल एक्टिविटी सेवाएँ देता हो तो ऐसे सप्लायर पर GST नहीं लगेगा, ये नोटिफिकेशन में "सेवा" डेफिनेशन दी गयी हे और यहाँ नीचे बताई गयी सेवाओं के लिए GST के कानून में मुक्ति दी गयी हे।

१. पब्लिक हेल्थ सेवाए :-
(A) जानलेवा बीमार व्यक्ति, फिजिकल या मानसिकं गंभीर अपंगता, HIV या AIDS पीड़ित व्यक्ति, या व्यसनी इंसान की रखरखाव, परामर्श की सेवाए।
(B) निवारक स्वास्थय, फेमिली प्लानिंग, या HIV संक्रमण रोकने के लिए जन जाग्रति की सेवाए।
(ii) धर्म, आध्यात्मिकता या योग के एडवांसमेन्ट की सेवाए
(iii) छोड़े हुए, अनाथ या बेघर बच्चोके लिए या शारीरिक या मानसिक त्राससे पीड़ित और आघातजनक इंसान के लिए, या कैदिओ के लिए, और गांव में रहते ६५ सालसे उपरकी उम्र के लोग, एजुकेसन प्रोग्राम, या फिर स्किल डेवलोपमेन्ट रिलेटेड सेवाए चैरिटेबल एक्टिविटी गिनी जाएगी।
(iv) पर्यावरण सहित वॉटरशेड, जंगल और जंगलजीवन को संरक्षित करनेवाली सेवाए चैरिटेबल एक्टिविटी गिनी जाएगी।

इसतरह जब कोई ट्रस्ट कोई वस्तु की सप्लाय करता हे तो ऐसे ट्रस्ट को मुक्ति नहीं दी गयी हे और उनको रजिस्ट्रेशन करवाकर GST भरना पड़ेगा जब सप्लाय की रकम २० लाख रूपये से ज्यादा होती हे। ये प्रावधान में अमेंडमेंट करने की जरुरत हे जब GST के पहले वेट का कानून था तब वैट तब वेट के कानून में डीलर की डेफिनेशन में से चैरिटेबल ट्रस्ट को इन्क्लूड नहीं किया गया था।

नामदार गुजरात हाईकोर्ट के टैक्स अपील नंबर १६७३/२००९ (भाईलाल अमिन जनरल हॉस्पिटल ) के जजमेंट मे दिए गए सुझाव को भी अप्लाई करना जरुरी हे।

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