As you aware that Due Dates extended for providing relief to taxpayers in view of COVID-19 pandemic , Below is schedule for GST RETURNS EXTENDED DUE DATE SCHEDULE FOR FORM GSTR 3B FROM FEBRUARY 2020 TO JUNE 2020 GSTR 3B Due date for following Turnover Categories For Month TO >5CR* <5CR BUT >1.5 CR TO<1.5 cr […]
Article explains top 10 Compliances for newly incorporated Private Company which includes Conducting first Board meeting within 30 days from the date of Incorporation, Opening of Companies Bank Account, Appointment of Statutory Auditor of Company, Allotment of Securities and Issue of share certificate, Stamping of share certificate, Filing of e-form INC-20A, Minimum Board meetings, Holding […]
Articles summarizes Companies (Winding Up) Rules, 2020 and explains about Winding up by Tribunal, Liquidator, Winding up Order, Application for Stay of Suits etc. On Winding Up Order, Reports by Company Liquidator under Section 281,
It is important to note that, there is no change in due date of GSTR 3B / GSTR 1 of Feb 2020, Mar 2020, April 2020 and May 2020. Only relaxation is given in terms of Interest and Late fees, with certain condition. If returns are filed after date given, then Interest and Late will be payable from original due date.
Procedure in respect of en bloc Rail movement of Import containers from Port Terminals / Jawaharlal Nehru Port (JNPT) to Container Corporation of India Ltd (CONCOR), Inland Container Depot (ICD), Mulund and clearance thereof
It has been decided to temporarily defer the submission of hard copy of documents, as required under Para 4 of Public Notice No. 82/2018 dated 16.05.2018. The hard copy of the said documents will be submitted by the concerned shipping line within 05 days of removal of the lockdown.
This is the most important topic on which problems are faced by various Companies while calculating GST liability. Question is that whether payment to Director in the form of remuneration will attract GST or not. Answer to above question is that Companies will have to pay GST on the remuneration they dole out to directors, […]
Considering the need to take precautionary steps to overcome the outbreak of the coronavirus (Covid-19), the Government has decided to relax the requirement of holding Board meetings with physical presence of directors under section 173 (2) r/w rule 4 of the Companies (Meetings of Board and its Powers) Rules, 2014 for approval of: Annual financial […]
Under the new framework, the definition of an ‘Indian entity’ specifically includes LLP registered under LLP Act, 2008. The erstwhile framework defined ‘Indian entity’ as a company or a body corporate or a firm in India.
As we all are aware of COVID-19, everyone is in self-quarantine and taking necessary measures to prevent COVID-19. Meanwhile, Government is in its form to proceed with the biggest reform in the banking sector i.e Merger of 10 Public Sector Banks into 4 big banks. Now-a-days, people are listening frequently the news about banking sector […]
