Monthly Archives: July 2019

Download Tax Credit /TDS Mismatch report from Income Tax e-filing account

By | July 23, 2019

Tax Credit /TDS Mismatch report from income tax Income Tax e-filing portal has enabled viewing and downloading report of Tax/TDS credit mismatch between Form 26AS and TDS claimed. The report shall enable assessees in pin pointing the mismatch in TDS as claimed and as appearing in Form 26AS resulting into artificial demand Step-wise procedure for… Read More »

GST Portal Update for GST Payment in GSTR-3B

By | July 23, 2019

Payment: Utilization of IGST Credit (implemented in Form GSTR 3B only) Taxpayers filing Form GSTR 3B will have to utilize IGST credit towards payment of Integrated tax, and the amount remaining, if any, may be utilised towards the payment of Central tax and State tax or Union territory tax, in any order. This can be… Read More »

Category: GST

Circular No 109/28/2019 GST : CBIC Clarify GST on Residential Welfare Association

By | July 22, 2019

Circular No 109/28/2019 GST Circular No 109/28/2019 GST F. No. 332/04/2017-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) New Delhi, the 22nd July, 2019 To, The Principal Chief Commissioner/ Chief Commissioners/ Principal Commissioner/ Commissioner of Central Tax (All)/ The Principal Director Generals/ Director Generals (All) Madam/ Sir, Subject: Issues related… Read More »

Reporting Under Form 3CD : Ready Reckoner – 2019 : Book by Bharat Publication

By | July 22, 2019

Reporting Under Form 3CD – A Ready Reckoner – 2019 in English by CA. Kamal Garg (Author)     Price Rs 369 Click here to buy online About Reporting under FORM 3CD – A READY RECKONER Chapter 1       Tax Audit – An Introduction Chapter 2       Form 3CA and Form 3CB – An Analysis Chapter 3       Form 3CD — Ready Reckoner Chapter… Read More »

GST on goods taken out of India for exhibition or on consignment basis for export promotion

By | July 21, 2019

PRESS RELEASE Clarification in respect of goods taken out of India for exhibition or on consignment basis for export promotion 19 July, 2019 Several goods are taken out of India on consignment basis for exhibitions or other export promotion events. These goods are sold only when approved by the prospective customers abroad. The unsold goods… Read More »

Category: GST

ICAI Flagged Issues in Finance Bill 2019 (Direct Tax) by Post Budget Memorandum 2019

By | July 21, 2019

POST-BUDGET MEMORANDUM – 2019 DIRECT TAXES THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NEW DELHI POST-BUDGET MEMORANDUM – 2019 1. INTRODUCTION 1.0 The Council of the Institute of Chartered Accountants of India considers it a privilege to submit this Post-Budget Memorandum to the Government. 1.1 In this memorandum, we have suggested certain amendments to the… Read More »