MCA notifies format of e-form DIR-3 KYC under new Rule 12A (Directors KYC) along with procedure for restoration of deactivated DINs of Directors, applicable w.e.f. 10 July, 2018
GST Practitioners Required To Pass Enrollment Of GST Practitioners Examination Before 31st December, 2018 To make compliance easy for businesses the Government has introduced various initiatives like GST Practitioners and GST Facilitation Centres. Section 48 of the CGST Act provides for the authorisation of an eligible person to act as approved GST practitioner. Role of GST […]
WHAT IS ITR-7 ITR 7 Form is for persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F) ITR 7 APPLICABLE FOR: ITR-7 form is to be used when the assessee is one of the following: Having income from charitable /religious trust- Section 139 (4A) […]
Profession Tax is a tax levied on a person engaged in any profession, trade, calling and employment in West Bengal. Profession Tax is payable at the rates specified in the Profession Tax Schedule. For Tax Schedule Click Here- Profession Tax Rate Schedule West Bengal
WHAT IS ITR-6 Form ITR – 6 can be used by a company, other than a company claiming exemption under section 11 (exemption under section 11 can be claimed by a charitable/religious trust). ITR 6 APPLICABLE FOR: ITR-6 form is to be used when the assesse is one of the following: Companies WHO IS NOT […]
1. Every Director who has been allotted DIN on or before 31st March, 2018 and whose DIN is in ‘Approved’ status, would be mandatorily required to file form DIR-3 KYC on or before 31st August,2018. 2. MCA notifies format of e-form DIR-3 KYC under new Rule 12A (Directors KYC) along with procedure for restoration of […]
WHAT IS ITR-5 ITR 5 Form is for persons other than:- (i) Individual, (ii) HUF, (iii) Company and (iv) Person filing Form ITR-7. ITR 5 APPLICABLE FOR: ITR-5 form is to be used when the assesse is one of the following: Firms Limited Liability Partnerships( LLP) Association of persons( AOP) Body of Individuals ( BOI) […]
WHAT IS ITR 4 ITR 4 Form is for presumptive income from Business & Profession as per Section 44AD, Section 44ADA and Section 44AE of the Income Tax Act. ITR 4 APPLICABLE FOR: The persons having income from following sources are eligible to file ITR 4: Presumptive income from Business & Profession as per Section […]
WHAT IS ITR 3 ITR-3 Form is for individuals and HUFs having income from a proprietary business or profession. ITR-3 APPLICABLE FOR: The persons having income from following sources are eligible to file ITR 3: Business or profession Return may include income from House property/ Salary/Pension and Income from other sources LIC Agents (Commission income) […]
WHAT IS ITR 2 ITR-2 Form is for Individuals and HUFs not carrying out business or profession under any proprietorship. WHAT ARE THE DIFFERENT MODE OF FILING ITR-2 Online-Not directly ( Through xml file upload ) Offline (Individual who are of the age 80 years or more and Individual whose income is less than Rs […]