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Archive: 31 May 2020

Posts in 31 May 2020

Live Course on How to Reply to GST Notices & SCN & to Fake ITC Notices?

April 29, 2024 6996 Views 0 comment Print

Join our live course to learn expert strategies for replying to GST notices, SCNs, and fake ITC notices. Understand litigation nuances, evidence insights, and practical tips for effective responses. Register now!

Join Live Webinar and get Book on Section 43B(h)

April 29, 2024 5067 Views 1 comment Print

Live Webinar with Book on Section 43B(h) (Financial Fitness) on 10th May 2024, 6:00 pm to 8:00 pm. CA Manoj Lamba will break down intricacies of Section 43B(h)

Form ITR-1 Sahaj – AY 2020-21 | Applicability & Additional Disclosures

May 31, 2020 6177 Views 4 comments Print

CBDT has notified new ITR form for AY 2020-21 vide notification No. 31/2020 dated 29.05.2020. This article explains Form ITR-1 Sahaj Applicability and additional disclosure required compared to previous year Form ITR-1. This Form ITR-1 Sahaj can be filed by an individual resident (other than not ordinarily resident) having total income up to Rs. 50 […]

GSTR-2A B2B Consolidated Party Wise Report Utility

May 31, 2020 10182 Views 0 comment Print

The utility attached herewith which will helps you in merging All GSTR 2A Excel Sheet & Prepares the Consolidated Party Wise Detailed Report.

Are buyers liable for deposit of Tax under GST by selling dealer?

May 31, 2020 4698 Views 0 comment Print

Introduction :- Section 16(2)(c) of the Central Goods and Service Tax Act 2017 ( Act) states that subject to the provisions of section 41, the tax charged in respect of such supply has been actually paid to the Government, either in cash or through utilisation of input tax credit admissible in respect of the said supply. Further Section […]

GST Series Part 8- Valuation of Taxable Supply | Section 15 | CGST Act, 2017

May 31, 2020 8805 Views 2 comments Print

1. The term ‘Valuation’ is significant under the GST Act as it will determine the amount of tax to be paid by the supplier of the goods or/and services. Section 15 of the CGST Act 2017 talks about the valuation of the supply of goods or/and services supplied in different circumstances and to a different […]

Major Changes In Income Tax Law for AY 2020-21 & AY 2021-22

May 31, 2020 112233 Views 7 comments Print

Article explains Major Changes In Income Tax Law for Assessment Year (AY)  2020-21/ Financial Year (FY) 2019-20  and AY 2021-22/FY 2020-21 which includes changes in Tax Rates, TDS Rates, Depreciation Rates, Widening of Scope of Form 26AS,  Changes in the provisions related to NRIs, Tax Treatment of Dividends Changed, Fresh Registration of Trust and Educational […]

COVID 2019 : Impact & Strategies

May 31, 2020 3072 Views 1 comment Print

The recent Outbreak of COVID 2019, a Pandemic in a sort has affected Human beings on the Earth in a Shock beyond repair. Human Life never before in the history of mankind has seen such a worst phase of his life in the Year 2019 and is still continues in 2020 and only GOD knows […]

A guide on General Precautions for Covid-19 Prevention

May 31, 2020 1422 Views 0 comment Print

This guide on COVID-19 is prepared by GIPARD in consultation with the Department of Preventive & Social Medicine, Goa Medical College & Hospital; in the larger public interest and for the benefit of different sections in the society, so that they can take the necessary precautions and protect themselves as well as others from getting […]

Summary of section 185 of Companies Act, 2013: Loan to Directors

May 31, 2020 4050 Views 0 comment Print

The summary of the provision related to Loan to Directors as per section 185 of the Companies Act, 2013 is given below: A. Compliance required: Section 185(1) 185(2) Facility Provide Loan, Give Guarantee or Provide Security Provide Loan, Give Guarantee or Provide Security Lender Any Other Company Any Other Company Borrower a) Its director b) […]

ICAI Advisory on unauthorised use of Trademark ‘ICAI’

May 31, 2020 3078 Views 1 comment Print

Mark ‘ICAI’ which is the acronym of the Institute has acquired a distinctive character and as it exclusively considered to be associated with Identity of Institute of Chartered Accountants of India (ICAI).

Appeal to President, ICAI for deferring May 20 exams to November 20

May 31, 2020 58887 Views 131 comments Print

It is prayed to merge the May 2020 exam with November exams and initiate the remedial measures of providing options of students to their chosen groups etc. Further in a stressful and trying situation, and I look forward to your understanding to make decisions in a timely and well-informed manner.

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