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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 …

Compulsory GST Registration

Compulsory GST Registration Section 24 CGST Act 2017  1. As per section 24(1) of the CGST Act 2017, the following categories of persons are required to be registered, even if their aggregate turnover is below specified threshold limit and are exempt from registration under section 22(1). 2. Section 24(i): Inter-State Supply of Goods:  …

B2B Table of GSTR-2B

  Taxpayer can view auto-drafted inward supplies received from registered persons (including inward supplies attracting reverse charge) in this table. DOCUMENT DETAILS – In document details, you can view document wise details of auto-drafted B2B inward supplies. If the total number of documents across all tables is more than <<1000>> documents, …

income tax return filing

The taxpayer has to communicate the details of his taxable income/loss to the Income-tax Department. These details are communicated to the Income-tax Department in the form of return of income. In this part you can gain knowledge about various provisions and procedure relating to furnishing (i.e. filing) the return of …

What section 245 N says about Advance Ruling

As per section 245N(a), advance ruling in case of a non-resident means a determination by the Authority in relation to a transaction which has been undertaken or is proposed to be undertaken by a non-resident applicant. Such determination shall include the determination of any question of law or of fact …

Procedure on receipt of application for advance ruling

On receipt of an application, the AAR Shall send a copy thereof to the Principal Commissioner or Commissioner and, if necessary, will call upon him to furnish the relevant records. Where any records have been called for by the Authority in any case, such records shall, as soon as possible, …

Advance ruling under income tax law

A resident taxpayer may have some taxation issues in respect of a transaction which has been undertaken or proposed to be undertaken with a non-resident. Similarly, a nonresident may have some taxation issues in respect of transaction which has been undertaken or proposed to be undertaken by him in India. …

section 154 of income tax act

RECTIFICATION OF MISTAKE UNDER SECTION 154 Introduction Sometimes there may be a mistake in any order passed by the Assessing Officer. In such a situation, mistake which is apparent from the record can be rectified under section 154. The provisions relating to rectification of mistake under section 154 are discussed in …