Month: May 2021

Yet another initiative on the part of the Committee for Members in Industry & Business (CMI&B) in the form of ...

How to check if Income Tax refund has been issued or not and if not then why it has not been issued:

How to register LLP on Income Tax e filing website ? Should LLP be registered as company or Firm?

May 30, 2021

Now, let's have a look at how LLP has been described under the Income tax act: As per section 2(23) ...

Late fee would now be levied for late filing of GSTR 1

Reduction and Rationalization of GST late fees based on turnover announced in 43rd GST council meeting

May 29, 2021

The amnesty scheme announced above was retrospective in nature and was applicable for returns upto April 2021 and along with ...

GSTR 9 & 9A is compulsory for all taxpayer’s in F.Y. 2017-18 or else you won’t be able to edit it in future.

Self certification of GSTR 9C instead CA certified | Simplification of GST annual return GSTR 9

May 29, 2021

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furnishing reconciliation statement in FORM GSTR-9C, as taxpayers would be able to self-certify the reconciliation statement, instead of getting it ...

Details of announcement made in 43rd GST council meeting held on 28.05.2021 [Updated with press release]

GST council meeting i.e. 43rd GST council meeting has been held and the key highlights of the meeting are as ...

39th GST council meeting. Due date of GSTR 9 for F.Y. 2018-19 extended

GST amnesty scheme announced in 43rd GST council meeting for non filers | Sources

According to sources the scheme shall provide a concession in late fees as under: Rs. 500 per GSTR 3B return ...

Taxability of income earned by youtubers, instagramers and other influencers in India and How to show it in Income tax return

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Accordingly, if the influencer or youtuber wishes to take benefit of presumptive taxation he/ she can file ITR 4 and ...

MCA extends due date for uploading Annual return and Financial statement

Off-setting excess contribution to PM cares fund for CSR in FY 2019-20 against FY 2020-21 CSR liability

by ADMIN

Chief Financial Officer shall certify that the contribution to “PM-CARES Fund” was indeed made on 31st March 2020 in pursuance ...

People won’t be able to submit Form 15CA and 15CB from mid night of 31.05.2021 | New Income tax e-filing website with new domain address

May 27, 2021

1. Filing of Form 15CB and 15CA won't be available: "Taxpayers would not be able submit Form-15CA & 15CB during ...

ICAI provides extension for completion of orientation course/ IT training from 31.05.2021 to 30.06.2021

by ADMIN

May 27, 2021

The students who are required to complete OC/ITT course up till 31st May 2021, can now complete the same on ...

New rules for revocation of cancellation of registration, refund and various other Forms notified by CBIC under GST

May 27, 2021

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CBIC has vide notification no. 15/2021 Dt. 18.05.2021 made changes to various rules of CGST and added a few rules ...

All CA should Submit and update unstructured CPE hours for 2020 before 31.05.2021

by ADMIN

May 26, 2021

To claim the same you need to submit Online Declaration form and claim 20 Unstructured CPE Hours for the calendar ...

ICAI announces date of commencement of exam for Intermediate and CA Final May, 2021

by ADMIN

May 26, 2021

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Now, ICAI has again announced date for CA intermediate ( old and new syllabus) and CA Final ( old and ...

Private: Is there contempt to SUPREME COURT’S order on part of CBDT by issuing circular for extension of various due dates?

CBDT partly incorporates Supreme court’s order by extending due date to file appeal before CIT(A) but is still doing contempt of Supreme court’s order