GSTN Advisory for Exporters for filing Table 6A of GSTR-1: 1. To ensure that the GST System transmits the export invoice data, in case of export of goods with payment of IGST, to ICEGATE for refund, Exporters need to maintain consistencies between data provided at GST Portal and ICEGATE Portal while filing Table 6A of GSTR-1. 2. Invoice details […]
3,09,619 Directors were disqualified under Section 164(2)(a) read with Section 167 of the Companies Act, 2013 for non-filing of Financial Statements or Annual Returns for a continuous period of immediately preceding 3(three) financial years (2013-14, 2014-15 & 2015-16). Out of the above mentioned disqualified directors, 2,10,116 number of disqualified directors were directors on the Board of Struck off companies.
Advisory for exporters on correctly filing Table 3.1(b) of GSTR 3B: While filing GSTR-3B Return for the said tax period, please make sure that table 3.1 (b) of Form GSTR-3B is filled correctly: 1. GSTR-3B of corresponding return period must be filed. 2. The IGST amount should be paid through Table 3.1(b) of GSTR-3B, and must be […]
Payment of electricity bills to JVVNL is held to be the payment made to the government for the purpose of section 40A(3) of the Income-tax Act and therefore said section 40A(3) cannot be invoked and no addition is called for and additions so made and confirmed by the ld. CIT(A) is directed to be deleted.
Companies (Amendment) Act, 2017 has inserted a new Section 3A after Section 3 in the Act (Companies Act) which is in an addition in the law and states about the Liability of Members in certain Cases.
When we have a desire or dream which is not yet fulfilled or we have not taken any step to fulfill it, then it becomes an incomplete cycle.
In this Article, Author tries to simplify provision of Strike off, Condonation of delay scheme and disqualification of director. Author also list out remedies available to the company and disqualified director.
The much talked about E-way Bill will be rolled out across the country from 1 st February 2018. As of now it is decided to implement the E Way Bill rules in two stages i.e. from Feb 01, 2018 for inter-state movement of goods and from June 01, 2018 for inter as well as intra state movement of goods.
In this Flash editorial, the author begins by referring the provisions of Removal of Disqualification of Director. While, MCA has issued Condonation of Delay scheme, 2018 as an opportunity to Disqualified Directors to remove their Disqualification.
Hardships in present return filing system: The present scheme of return filing in Form GSTR-1, R-2 and R-3 is complex, cumbersome and time consuming. In the present scheme of uploading of GSTR-1 through offline utility, the dealers are deprived of uploading JSON files frequently on incremental basis at their convenience. This is causing unnecessary pressure and crippling GSTN infrastructure.
