Month: November 2020

The last date for payment of membership fees to ICAI was 30.11.2020. However today ICAI has extended such due date ...

In terms of Rule 138E (a) and (b) of the CGST Rules, 2017, the E-Way Bill (EWB) generation facility of ...

Gift in simple terms means receiving anything without consideration. This is a very common thing where people receive gifts from ...

Instruction No. 4/3/2020-GST CBEC-20/13/06/2020-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs ...

In our earlier post we have mentioned that it will be mandatory to now validate UDIN within 15 days of ...

CBDT has revised instruction sheet for ITR 2 to 7 on 22.11.2020. Instruction sheets of the ITR helps one in ...

A new section 194-O was introduced in Income Tax act by Budget 2020. We have discussed the section in detail ...

Lower tax regime u/s 115BAC was introduced by Budget 2020 for individuals wherein various different slabs were announced for individual ...

Finance Minister announces measures on AatmaNirbhar Bharat 3.0  A new Scheme “Aatmanirbhar Bharat Rozgar Yojana” launched  Emergency Credit ...

1. In terms of Rule 138E (a) and (b) of the CGST Rules, 2017, the E-Way Bill (EWB) generation facility ...

1. Who can opt for the scheme: Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly ...

GST portal has done lot of advancement in last few months like: 1. Increasing capacity of website. 2. Introducing GSTR ...

It has been reported by some Examination Centres that they are receiving threatening emails from some of the candidates appearing ...

In Finance Act, 2020 DDT was scrapped and with that exemption available on dividend was also removed and thus any ...

Intermediary or as we call them agent has been defined in IGST act as: "“intermediary” means a broker, an agent ...