Breaking News I No need to File GST Annual Return (GSTR 9,9A, 9C): 37th GST Council Meeting Proposal GST Council may cancel Requirement of Filing GST Annual Return for F.Y 2017-18 GST Council may cancel filing of GST Annual Return (GSTR9/ GSTR9A) and GST Reconciliation statement GSTR9C for Taxpayers having turnover of less than 5… Read More »
GST New Return Utility 2.0 on GST Portal Released
GST Offline Tool of New Return Trial : Short Video on Part 1 of 4 in Hindi by GSTN
How to Save Income Tax on Salary in FY 2019-20/ AY 2020-21
Changes in Income Tax From 1st September 2019
Stay on GSTR 3B Late Fees Recovery
The Finance (No. 2) Act, 2019 has amended Section 139A to make PAN and Aadhaar interchangeable. Now, the CBDT has amended Rule 114 of Income-tax Rules, 1962 to provide that a person, who has not been allotted a PAN, shall be deemed to have applied for the same if he has intimated his Aadhar in… Read More »
Ministry of Finance Clarification on applicability of Tax Deduction at Source on cash withdrawals Posted On: 30 AUG 2019 In order to discourage cash transactions and move towards less cash economy, the Finance (No. 2) Act, 2019 has inserted a new section 194N in the Income-tax Act,1961 (the ‘Act’), to provide for levy of tax… Read More »
GST on Sale of Assets and Capital Goods
GSTR 9 Annual Return : ITC related Clarifications and FAQs