GST : Interest on net liability
The government has notified dated 25th August 2020 that interest on delayed goods and services tax (GST) will be payable on net basis with effect from 1st September 2020. This, however, is against the decision [...]
MCA : Clarification on Extension of Annual General Meeting (AGM) for the financial year ended as on 31.03.2020
MCA has not given any extension of AGM As per the circular companies can avail below options 1) Companies can use relaxation in General Circular no.20/2020 Dated 05.05.2020 regarding holding of AGM through video Conferencing [...]
CBDT has issued a notification today further extending few of the time limits of compliances under Taxation & Other Laws
CBDT Press Release 24.06.2020 1. Time Limit for filing FY 18-19 ITR extended to 31st July, 2020 earlier was 30th June, 2020 2. Time Limit for investments under Chapter VIA-B extended to 31st July, 2020 [...]
40th GST Council Meeting Recommendation dated 12th June 2020
40th GST Council Meeting outcome on 12th June 2020 Sr. No. Particulars Tax Period Outcome Remark 1 GSTR 3B - All Tax Payers having NO Tax liability July 2017 to January 2020 [...]
Circular dated 10.06.20: Clarification on GST applicability on Director remuneration
Circular dated 10.06.20: Clarification on GST applicability on Director remuneration Summary: 1.) Remuneration paid to Director who is Independent director and not in the Employment of the Company - Then Such service provided By ED [...]
Facility of Filing NIL GST Monthly Return in form GSTR-3B through SMS
Facility of Filing NIL GST Monthly Return in form GSTR-3B through SMS