New CHANGE FOR TAX ON SALE OF PROPERTY IN INDIA I INCOME TAX I CA SATBIR SINGH
New CHANGE FOR TAX ON SALE OF PROPERTY IN INDIA I INCOME TAX I CA SATBIR SINGH
Correct GST Returns Errors : New Guidelines for GSTR 1 and ITC claim mistakes
Correct GST Returns Errors : New Guidelines for GSTR 1 and ITC claim mistakes Office of the: Commissioner of State Tax, Maharashtra State, Mumbai 8th Floor, GST Bhavan, Mazgaon, Mumbai- 400 010. INTERNAL CIRCULAR (Restricted circular for office use only) To, No. CST /JC (HQ-5)/Scrutiny/Issues/File No- /B-1 Mumbai. Date. 25.02.2022 Internal Circular No. 02A of… Read More »
GST Invoices Rules Changed from 01.04.2022 I New Notification I CA Satbir Singh
GST Invoices Rules Changed from 01.04.2022 I New Notification I CA Satbir Singh
Notification No 01/2022 Central Tax : GST E-invoice mandatory if turnover above Rs 20 crore from 01.04.2022
Notification No 01/2022 Central Tax : GST E-invoice mandatory if turnover above Rs 20 crore from 01.04.2022 Video Explanation of Notification No 01/2022 Central Tax Download Notification No 01/2022 Central Tax MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 24th February, 2022 No. 01/2022 – Central… Read More »
Quarterly GST Return Scheme ( QRMP Scheme ) Benefits : Quarterly Return Monthly Payment
Quarterly GST Return Scheme ( QRMP) Quarterly GST Return Scheme was introduced in GST . Following are the relevant Notifcations and Circular . ( Article by CA Satbir Singh . Contact on Taxheal@gmail.com) Video Explanation of Benefits of Quarterly GST Return Scheme ( QRMP) Commentary on Quarterly GST Return Scheme Start Date : This new… Read More »
Change for TDS on Sale of Immovable Property in India from FY 2022-23: Section 194IA Income Tax
Change for TDS on Sale of Immovable Property As per Finance Bill 2022 there is Change for TDS on Sale of Immovable Property in India from FY 2022-23 . ( Article by CA Satbir Singh ,Contact on Taxheal@gmail.com ) Commentary for TDS on sale of property Example 1 Consideration as per Builder Buyer Agreement/Agreement to… Read More »
GSTR-1/IFF Filing Process changes I Phase-2
Upcoming GSTR-1/IFF enhancements 23/02/2022 Upcoming GSTR-1 enhancements & improvements : The statement of outward supplies in FORM GSTR-1 is to be furnished by all normal taxpayers on a monthly or quarterly basis, as applicable. Quarterly GSTR-1 filers have also been provided with an optional Invoice Furnishing Facility (IFF) for reporting their outward supplies to registered persons… Read More »
Section 194R Income Tax Act TDS on benefit of perquisite in respect of business or profession.
Section 194R of Income Tax Act Section 194R Income Tax Act inserted by Finance Bill 2022 w.e.f 01.07.2022 . (Author CA Satbir Singh .contact us on Taxheal@gmail.com) Commentary on Section 194R Income Tax Act TDS u/s 194R is effect from 1 st July, 2022. TDS u/s 194R is to be deducted on any benefit or… Read More »
Big Relief in GST I No Blocking of ITC if NIl Balance in Electronic Credit Ledger I CA Satbir Singh
Big Relief in GST I No Blocking of ITC if NIl Balance in Electronic Credit Ledger I CA Satbir Singh Download Judgment Click here No Blocking of ITC if Nil Balance in electronic credit ledger Facts of the case Whether GST authorities can block electronic credit ledger (ECL) under Rule 86-A when balance is nil… Read More »
TAX & PENALTY on CASH DEPOSIT in SAVING BANK ACCOUNT I INCOME TAX on UNEXPLAINED MONEY I CA Satbir
TAX & PENALTY on CASH DEPOSIT in SAVING BANK ACCOUNT I INCOME TAX on UNEXPLAINED MONEY I CA Satbir