Ministry of Finance Income Tax relief for Real-estate Developers and Home Buyers Posted On: 13 NOV 2020 As part of the AatmaNirbhar Bharat Package 3.0 as announced by Hon’ble Finance Minister on 12th November, 2020, certain income tax relief measures were brought in for real-estate developers and home buyers. Up to 2018, section 43CA of… Read More »
Auto-population of e-invoice details into GSTR-1 13/11/2020 Certain notified taxpayers have to prepare and issue their invoices by obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). Upon successful generation of IRN, details of such e-invoices will be auto-populated in respective tables of GSTR-1. The details of e-invoices available for… Read More »
New Change I GST Data started on Income Tax Portal 26AS I CA Satbir Singh
GSTN Portal Update: Annual aggregate turnover of preceding financial year can be checked from the GSTN portal The status showing annual aggregate turnover of preceding financial year of all GSTINs of a taxpayer has now been made live on the GSTN portal. The portal is not showing the exact figures of annual aggregate turnover but… Read More »
Due dates for filing of Form GSTR-3B for the Tax Periods from October, 2020 till March, 2021 12/11/2020 Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No. 82/2020 – Central Tax, dated 11th Nov., 2020, has added sub rule (6) to Rule 61 of the Central Goods and Services Tax Rules, 2017,… Read More »
Auto-populated Form GSTR 3B (PDF) for the taxpayers, from the month of October 2020 onwards 11/11/2020 GSTN has earlier introduced Form GSTR-2B, a static statement with details of ITC available for a tax period, for the benefit of taxpayers. GSTR-2B is an auto-drafted Input Tax Credit (ITC) statement generated for every recipient, on the basis of the… Read More »
Circular No. 143/13/2020- GST CBEC-20/01/08/2020 -GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, dated the 10th November, 2020 To The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) / The Principal Director Generals /… Read More »
NOTIFICATION NO. 81/2020–CENTRALTAX [S.O. 4043 (E)/F. NO. CBEC 20/06/04/2020-GST], DATED 10-11-2020 In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance (No. 2) Act, 2019 (23 of 2019), the Central Government hereby appoints the 10th day of November, 2020, as the date on which the provisions of section 97 of… Read More »
GSTR 3B Filing changed I Quarterly GSTR 3B filing I CA Satbir Singh
GST Return New due Dates Notified I CA Satbir singh