Tax Updates
Tax Updates January 2020 – 06.01.2020 1. The Goods and Service Tax Network (GSTN) has issued a Frequently Asked Question (FAQ) to rollout the smooth implementation of the E-Invoicing System under GST. 2. The last date of filing declarations in Sabka Vishwas Legacy Dispute Resolution Scheme is extended to 15th January 2020 3. CBDT Further …
Tax Updates January 2020 – 04.01.2020 1. CBDT further extends the timeline for Linking PAN with Aadhar from 31st December 2019 to 31st March 2020. Notification No. 107/2019. 2. Startups can get Company Identification Number (CIN) number, GSTN number, PAN number, EPFO No & Employer Code under ESIC in one application at MCA portal through …
Tax Updates January 2020 – 02.01.2020 1. The GST council has decided to waive off late fee for defaulters, who failed to furnish details of their monthly and quarterly outward supplies from July 2017 to November 2019 if they furnish the details before 10th January 2020. 2. The government on 31st December 2019 has extended …
Statutory Due Dates December 2019 Statutory Due Dates December 2019 7th December Due date for payment of Tax Deducted / Collected for the month of November 2019. 7th December Due date for payment of equalisation levy for the month of November 2019. 10th December Filing of GSTR – 8 for the month of November 19 …
Statutory Due Dates September 2019 Statutory Due Dates September 2019 7th September Due date for payment of Tax Deducted / Collected for the month of August 2019. 7th September Due date for payment of equalisation levy for the month of August 2019. 10th September Filing of GSTR – 8 for the month August 19 for …
Reminder Chart for Statutory Due Dates August 2019 Reminder Chart for Statutory Due Dates August 2019 7th August The due date for payment of Tax Deducted / Collected for July 2019. 7th August The due date for payment of equalization levy for July 2019. 10th August Filing of GSTR – 8 for July 19 for …
Refund Claim under GST GST Tax Refund means a refund of taxes by the Government that was paid by register person either in excess or was not liable to be taxed. Section 54 of the CGST Act, 2017, Section 77 of the CGST Act, 2017 and Rule 89(2) of CGST Rules, 2017 are the relevant …
Reminder Chart for Statutory Due Dates July 2019 Reminder Chart for Statutory Due Dates July 2019 7thJuly Due date for payment of Tax Deducted / Collected for the month of June 2019. 10thJuly Filing of GSTR – 7 for the month June 19 for taxpayers who is required to deduct TDS under GST. 10thJuly …
Technical Guide on GST Audit by ICAI Section 35(5) of CGST Act state that every registered person whose aggregate turnover during a financial year exceeds two crore rupees shall get his accounts audited. GST Audit for Financial year 2017-18 to be on or before the 30th June 2019 in Form GSTR 9C. To help in …
GST Annual Return Handbook by ICAI GST annual return filing is mandatory for all entities having GST registration, irrespective of turnover during the financial year. Every businesses that have obtained GST registration must file GST Annual Return irrespective of GST Turnover. GST registered person who has GST Number before 1st April 2018 are required to …