The Ahmedabad income tax appellate tribunal (ITAT) Bench, arranging the appeals furnished via both the taxpayer and the revenue, ruled that theinterest income from the staff loans and advancesalong with the fixed deposits and the advances would be treated as the income of the business. The tribu...
In the public interest, the Central or the State Government can exempt either wholly or partly, on the recommendations of the GST council, the supplies of goods or services or both from the levy of GST either absolutely or subject to conditions. In the public interest and to give fair heari...
Interest is applicable on Delay payment of GST or undue or excess claim of the input tax credit as per Section 42(10) and 43(10). There is no specific mention of Interest on Unutilized Credit reversal. Rules marked regarding charging of Interest as per rate section 50 (1) but the rule...
or State Goods and Services Tax (hereinafter referred to as “SGST”) or Union Territory Goods and Services Tax (hereinafter referred to as “UTGST”) depending upon the import / interstate or intrastate supplies, as the case may be. It shall also mean GST compensation Cess, if applicable....
Singapore: This document is being distributed in Singapore by, and is attributable to, Standard Chartered Bank (Singapore) Limited (Registration No. 201224747C/ GST Group Registration No. MR-8500053-0, “SCBSL”). Recipients in Singapore should contact SCBSL in relation to any matters arising fr...
Emi (4years) Rs.2572 Pre Payment Charges Up to 4.00% Processing Fees Up to Rs.3999/- + GSTPoints to Remember While choosing a personal loan with a low rate of interest, you should consider the following points: Processing Fee: Lenders charge a one-time charge called the processing fee,...
2. The learned Commissioner of Income-tax (appeals) erred in confirming the addition made by the Assessing Officer of Rs.52,66,579/- holding that interest is not allowable in view of the provisions of Sec.36(1)(iii) of the Act. ...
The processing fee applicable on the loan is up to 1% of the loan amount + GST. How to apply for a gold loan online? Just like any other loan, a gold loan can also be availed both online and offline. Even though the offline procedure is usually preferred by most of the people, len...
Therefore, it is prudent to ascertain the actual applicable rates from HDFC Bank before applying. TypeDescription and Rate Processing Fee **Salaried and Self-employed Professionals: Higher of 0.50% of the loan amount or Rs.3000 plus the applicable GST Self-employed Non-Professionals: Higher of ...
Over 36 months – 3% of principal outstanding Late Payment Fee & Swap Charges A fee of INR 495 + GST is charged on late payments. A fee of INR 500+ GST is charged on swap charges. FAQs related to Personal loan Interest Rates