Tax Help- Income Tax , GST , MSME , Gov.Updats

GST

Disclosure of Ineligible ITC & ITC Reversal in GSTR – 3B time to change the practice

Disclosure of Ineligible ITC & ITC Reversal in GSTR – 3B time to change the practice GSTR 3B is a summary return which come into existence since GSTR-2 and GSTR-3 never saw the light of the day due to technical glitches in functioning of matching system as stated in section …

Blog

1 दिसंबर से होने जा रहे हैं कई बदलाव-These 5 Major Changes Are Going To Happen From Dec 1

देश में एक दिसंबर से कई बदलाव होने जा रहे हैं, जिनका सीधा असर आम आदमी की जिंदगी पर पड़ेगा। अगर आपको इस बदलाव के बारे में जानकारी नहीं है तो फिर 1 दिसंबर के बाद जब आपका इससे सामना होगा, तो फिर परेशानी हो सकती है। मुख्य तौर पर …

GST

Interest On GST- Interest u/s.50 Of CGST Act.2017

Interest u/s.50 Of CGST Act.2017 Interest is compensatory in character and is imposed on an assesses who has withheld payment of any tax as and when it is due and payable.The levy of interest is geared to actual amount of tax withheld and the extent of the delaying paying the …

GST

Relief to small taxpayers under GST law: Tax can be paid on an estimated basis

Taxpayers entitled to pay quarterly GSTR 3B have to pay GST for the first two months of the quarter.Will bi able to file on an estimated basis. notification by CBIC 84/2020.the following provision has made by issuing 10-11-2020. notification to Taxpayers up to 5 crores 81/2020. Dated. 10-11-2020. GST. The …

GST

GST turnover figures will now also be displayed in 26AS under Income Tax

GST will be levied across the country from 01 July 2017. has been applied. Since then various measures have been taken to curb evasion. The evasion has been reduced is a matter of debate,but most such tax evasion measures have certainly caused tax payers difficulty. Now taking a new step …

Blog

Extension of due date of furnishing of Income Tax Returns and Audit Reports

Ministry of Finance Extension of due date of furnishing of Income Tax Returns and Audit Reports Posted On: 24 OCT 2020 2:27 PM by PIB Delhi   In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government …

Article

Extension of due dates for Annual Return and Reconciliation Statement for 2018-19

Ministry of Finance Extension of due dates for Annual Return and Reconciliation Statement for 2018-19 Posted On: 24 OCT 2020 3:45PM by PIB Delhi   The Government has been receiving a number of representations regarding need to extend due date for filing Annual Return (FORM GSTR-9) and Reconciliation Statement (FORM …

Blog

Payment Date Extended for Vivad se Vishwas Scheme

Ministry of Finance Payment Date Extended for Vivad se Vishwas Scheme Finance Secretary urges I-T Department to Reach Out to the Taxpayers Posted On: 27 OCT 2020 10:36PM by PIB Delhi In order to provide further relief to the taxpayers desirous of settling disputes under Vivad se Vishwas Scheme, the Government today …