To iron out the practical hindrances and issues being faced by the Industry Inc since the implementation of GST, the GST Council on July 9, 2018 had unveiled the draft of 46 proposed changes in GST law as a major step towards facilitating trade and ease of doing business.
Late fee Under Section 234F of Income Tax Act, 1961 for Filing of Income Tax Return After due due date or Late Filing of Income Tax Return is common discussion among taxpayers/tax consultants. We should analysis the section 234F of Income Tax Act, 1961.
ICAI has submitted 121 suggestions on various topics under GST to Union Minister of Finance, Shri Shri Piyush Goyal which includes suggestions on General Issues, Definitions, Classification And Exemption, Scope Of Supply, Composite And Mixed Supply, Composition Levy, Time & Value Of Supply, Input Tax Credit, Registration, Tax Invoice, Accounts & Records, Returns, Payments, Refunds, […]
Recently on 10th July 2018 GST Council has released proposed amendments to GST law, seeking comments from stakeholders by 15 July 2018. The Proposal comprises 38 amendments to the CGST Act, 6 amendments to IGST Act and 2 amendments to GST (Compensation to States) Act.
The Institute of Chartered Accountants of India is contemplating conveying back regulation that prohibits undercutting of fees by audit firms. In a recent council meeting, council members discussed returning to the earlier ethical rule when firms weren’t allowed to undercut statutory audit fees. The members deliberated on the issue and directed the Ethical Standards Board […]
Filing your tax return isn’t as simple and the outlined Do’s and Don’ts will help you in filing your income tax return correctly to ensure speedy processing by the Income Tax Department (ITD).
To iron out the practical hindrances and issues being faced by the Industry Inc since the implementation of GST, the GST Council on July 9, 2018 had unveiled the draft of proposed changes in GST law before they are introduced in the upcoming monsoon session of the Parliament. Total 46 amendments are suggested as a major step towards facilitating trade and ease of doing business.
Full time Job Vacancy for Chartered Accountants having up to 5 Year experience in Direct Tax at Jaipur (Rajasthan) with a Manufacturing Company and a Consultancy Firm for Managerial Role. Interested candidate can mail their CV at cv@ejobocean.com. Job Description -Advising on client’s queries and concerns over emails and calls. -Researching, analyzing and interpreting tax laws […]
Representation On Relaxing The Application Of Section 234F Of Income Tax Act And Extension Of Due Date For Filing Income Tax Returns Of Individuals And Small Businesses
FICCI conducted a survey of enterprises on completion of one year of GST implementation, seeking their views on impact of this major reform, besides gauging insights and views on some of the key issues and challenges that were or are being faced by enterprises post implementation of GST.
