Latest Tax Updates, News, Articles & Notifications
The Central Board of Indirect Taxes & Customs has issued a notification to further extend the GSTR 9/9C due date, due to pandemic situation in the country. Therefore, as per … Read More
CBDT has issues Circular No. 11 of 2020 dt 8th May,2020 clarifying residential status u/s 6 of Income Tax Act wrt FY 2019-20 (AY 2020-21) giving relief on residency status … Read More
NSDL e- Governance Infrastructure Limited TIN Operations Circular Circular No. NSDL/TIN/2020/006 April 20, 2020 Subject: Extension of Quarterly TDS/TCS statement filing dates.
Earlier Companies and LLP were not eligible to file GST Return with OTP based EVC (Electronic Verification Code). They were required to file the GST Return with DSC (Digital Signature … Read More
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
As per CBDT, Employer has to take declaration from Employee. An employee, having income other than the income under the head “profits and gains of business or professions” and intending … Read More
The Institute of Chartered Accountants of India ( ICAI ) has allowed the use of Electronic Signature for Signing Audit Reports and Certificates. In an announcement issued by ICAI, “ … Read More
In a big relief to the tourism, hospitality and entertainment sectors, the Central Board of Indirect Taxes and Customs (CBIC) has allowed for claiming of refunds of goods and services … Read More
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:
We have compiled Reverse Charge Mechanism (RCM) under GST applicable from April 2020.
