Taxation of Dividends FY 2020-21
The Budget 2020 has announced to abolish the Dividend Distribution Tax (DDT) payable by Indian Companies and restoring the classical system of Taxing Dividends in the Shareholders’ Hands. This was … Read More
Author: CA Adityavikram Banka
The author is Founder of A. S. Banka Advisors Private Limited & Partner at Dhiraj & Dheeraj.
You can reach out to the author on : [email protected]
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CBIC enables Form PMT-09 for Shifting Wrongly Paid Tax in the Electronic Cash Ledger
The Central Board of Indirect Taxes and Customs (CBIC) has enabled Form PMT-09 for shifting wrongly paid Tax in the electronic cash ledger. Form PMT-09 enables a registered taxpayer to … Read More
GST Compliance Requirement at the beginning of Financial Year 2020-21
Under GST in the beginning of the every year there are certain compliance that every registered person has to take. We have summarized GST Compliance Requirement as under:
Relaxation on Input Tax Credit Limit from February 2020 to August 2020
The Government has issued several notifications in order to implement the compliance relaxation announced by Hon’ble Finance Minister amid Pandemic COVID 19. We have compiled various Clarification on Relaxation on … Read More
Relaxation of GSTR Return for Composition Dealer for quarter ending 31st March 2020
The Government has issued several notifications in order to implement the compliance relaxation announced by Hon’ble Finance Minister amid Pandemic COVID 19. We have compiled various Clarification on Compliance Relaxation … Read More
Relaxation of GSTR-1 & GSTR-3B Return for Feb, March and April 2020
The Government has issued several notifications in order to implement the compliance relaxation announced by Hon’ble Finance Minister amid Pandemic COVID 19. We have compiled various Clarification on Compliance Relaxation … Read More
Extension of GSTR3B Due Date for May 2020 Return
The Government has issued several notifications in order to implement the compliance relaxation announced by Hon’ble Finance Minister amid Pandemic COVID 19. We have compiled various Clarification on Extension for … Read More
Remuneration paid to directors to attract GST – AAR
Companies will have to pay GST under RCM on the remuneration they give to directors, the Authority for Advance Ruling (AAR) has said.