GSTR 9C is an annual audit form for the taxpayers registered under GST. It is reconciliation statement between the Annual Return 9 filed and the figures as per Audited Annual Financial statements. In short it can be said that it is similar to the audit report furnished under the Income tax act. It is certified by the CA....
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The provisions dealing with the liquidation of corporate persons are imbibed in the chapter III of the part II of the Insolvency and Bankruptcy code....
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CBDT on 19th November, 2018 vide Notification- G.S.R. 1128(E) changed the PAN (Permanent Account Number) card rules in order to prevent tax evasion. The new rules will come into effect from 5th December , 2018. ♣ In the case of a person, being a resident, other than an individual, which enters into a financial transaction of an a...
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Compliances Calendar for GST, Compliances Calendar for ESI and PF Payments, Compliances Calendar for Income Tax Act and Compliance Calendar for Companies Act, 2013- S. No Particulars of Compliance Forms/returns Due Date Compliances Calendar for GST 1. Return of outward supplies of taxable goods and/or services from July to November 2018 (...
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This article explains GST applicability on canteen services provided by the employer of its employees without consideration. This article is based on provisions up to 05th December 2018...
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Article contains the various Rules and section that are applicable to class or classes of companies as per companies Act, 2013. It explains Applicability of Cash Flow Statement, Annual Return and Company Secretary (CS) in practice, Certification of Annual Return by a CS in practice, Corporate Social Responsibility, Internal Auditor, Wom...
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Charging section of the CGST act only deal with collection of CGST. As per CGST Act 2017 there shall be levied a tax called Goods and Service Tax on all the Intra state supplies of goods and services on the value determined u/s 15 of the CGST Act 2017....
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Please refer to the article titled ICAI is dead. How a ministry report put the final nail in the coffin written by N Sundaresha Subramanian and Muskan Khan and published in the ET Prime dated 22nd November, 2018...
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Applicable provisions in respect of Consequences of not filing GST Annual Return under CGST Act, 2017: Sec 46, Sec 47(2), Sec 2(112), Sec 125 and Sec 149 of Central Goods and Services Act, 2017 Section 46 Notice to return defaulters.- 46. Where a registered person fails to furnish a return under section 39 or section […]...
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RBI/2018-19/87 DBR.BP.BC.No.12/21.04.048/2018-19 -
(05/12/2018) -
With a view to enhance credit discipline among the larger borrowers enjoying working capital facility from the banking system, delivery of bank credit for such borrowers shall be as under:...
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