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Prashant Bansal

Latest Posts by Prashant Bansal

TCS on Sale of Goods – An effort to clear the mist of confusions

January 28, 2021 7440 Views 4 comments Print

It’s been almost four months for the implementation of Section 206C (1H), but still, a lot of confusions are there in the mind of taxpayers. Here, an effort has been made to share my knowledge with all of you which could help to clear the mist of confusions. Q.1 When the TCS should be collected […]

7 common questions on QRMP – Answers in simple words

January 14, 2021 3813 Views 6 comments Print

Some common questions on QRMP – Answers in simple words Q.1 What is the key difference between QRMP scheme and regular scheme? Ans. Key difference between QRMP scheme and regular scheme is as follows: GSTR-3B Return filing GSTR-1 Return Filing Tax Payment Regular Scheme Turnover <= 1.50 crores MONTHLY QUARTERLY MONTHLY 1.50 crore < Turnover […]

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