Article explains about Issue of Auto-population of ITC figures in Table 8A of Form GSTR-9 based on Form GSTR-2A, Issue Faced While Using GSTR 9C Offline Utility, When to Use INITIATE FILING of GSTR – 9C, Action on JSON File – After receipt of JSON file and Signature Related Issue Faced while Using GSTR 9C […]
STEPS FOR FILING FORM GSTR 9C Pre-requisites for filing FORM GSTR 9C i. Prior filing of Annual Return GSTR-9 is mandatory ii. Form GSTR-9C hes to be mewed by the Auditor by titling tip date in the offline Tool available an the GST portal. Note: Any observations/ comments must be entered in excel tool directly and […]
Brief note on Data Bank registration and Online Proficiency test for Independent Directors Ministry of Corporate Affairs (MCA) has issued an Online Proficiency Self-Assessment test for Independent Directors vide notification dated 22.10.2019. MCA has also notified Companies (Creation and Maintenance of Databank of Independent Directors) Rules, 2019 which has created Data bank by Indian Institute […]
Challenges faced by the registered person while applying Rule 36(4) of CGST Rules, 2017- 1. The auto calculation/matching is not made by the GST portal between ITC of GSTR 2A & GST 3B and it is left upon the registered person to calculate the claimable ITC before filing the GSTR-3B.
In India, Financial Year begins with 1st of April and end on 31st March every year. Hence, 31st March is the date by which important taxation related obligations should be fulfilled. Following are the things which shall be taken care of as the financial year is ending soon. There are mainly two types of taxation […]
Article explains about Annual Report Under Sexual Harassment of Women At Workplace (Prevention, Prohibition And Redressal) Act, 2013 and includes Section 4- Constitution of Internal Complaint Committee, Section 22-Annual Report, FAQ’s on Annual Report under Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and Draft of Covering Letter and Annual Report […]
Relevant Chapter: Chapter XVI Relevant Sections: Sections 241- 246 of the Companies Act, 2013 SYNOPSIS 1. The terms Oppression & Mismanagement are not defined under the Companies Act. 2. It is decided by the Court on the basis of facts & merits of the cases. 3. Oppression & Mismanagement refer to the practices of managing […]
Tax cascading is concrete in India for years. The tax cascading brings ultimate tax liability to the person who is the final consumer of goods and services. With the GST being the new ruler in the India tax administration, there is no room for tax on tax policies. Erasing the tax on tax effect from the rule book is one of GST’s popular achievements.
An LLP can be converted into a Pvt. Ltd. company as per the provisions contained in Section 366 of the Companies Act, 2013 and Company (Authorised to Register) Rules, 2014.
Understand the penalties for failure to maintain transfer pricing documents under section 271AA of the Income Tax Act.
