Article explains About Form GSTR-9A, Opt in and Opt out of composition & Form GSTR-9A, Pre-conditions of Filing Form GSTR-9A, Filing Nil Form GSTR-9A, Filing Form GSTR-9A, Entering Details in Tables of Form GSTR-9A, Form GSTR-9A & Consolidating Summary, Filing & Paying Late Fee, Additional Liability & it’s Payment, Previewing & Signing Form GSTR-9A and […]
Interest of the investors has been shifting from direct equity investing to equity mutual funds over a few years. Though this is a welcome trend, there are certain mistakes which investors should avoid while making investments as well as while remaining invested in equity mutual funds. Let us discuss some of the major mistakes which […]
Under Income Tax, Form 16 represents the certificate which certifies that TDS has been deposited for the specified transactions. Different types of Form 16 certificates are to be provided for different categories of transactions / payments as detailed hereunder – 1. Form 16 – TDS certificate for salary 2. Form 16A – TDS certificate for […]
All big and small firms have already started gearing up for the GST Audit and filing of GST return by 30th June 2019. Hence the last date to file GST Annual return for July 2017- March 2018 is 30th June 2019.
Punjab Chief Minister Captain Amarinder Singh today wrote to Prime Minister Narendra Modi, suggesting the way forward on GST 2.0 rollout, with 101 concrete suggestions to plug the gaps in GST 1.0 and alleviate the problems currently faced by businesses in its implementation.
1. The period mentioned in GSTR 9 needs to be changed from Sept 2018 to March 2019 2. IGST paid on Import in the year 2017-18 but claimed in 2018-19 Current: 3. Erroneous Auto Population in column 8A of GSTR-9 4. Error faced by assessee migrated from regular tax scheme to composition scheme
How many house you can own and what are the tax implications of owning more than one house? People frequently ask me as to how many house one can buy and own at a time in own name. The answer is as many as you want and can afford. So there are no restrictions under […]
E-File TDS Statement for the Quarter ended on 31st March 2019 by 31st May 2019. Due date is extended to 30th June 2019 for Odisha. Avoid Late Fees of Rs. 200/- per day and levy of Penalty upto Rs. 1,00,000 by filing TDS Statement on or before due date. INCOME TAX DEDUCTORS! -TIME TO FILE […]
Now days a question is coming to the mind of many professional that in case of an entity who has not entered into any of the Specified or reportable financial transactions in Financial Year 2016-17 but who falls into the class of person (reporting person) under Section 285BA Read with Rule 114E of Income Tax Rules, are they required to file NIL statement of financial transactions (SFT) in Form No. 61A.
Central Board of Direct Tax has been conferred power by the Income Tax 1961, under section 139 read with section 295 to notify Income Tax Return(ITR) forms every year. This year on 1st April 2019, CBDT issued notification for amending Income Tax Rules, 1962, amending the ITR Forms for the Financial year 2018-19 i.e, Assessment […]
