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22 Sep

Tax Deducted at Source under GST

September 22, 2017 Compliance Blog 0

Tax Deduction at Source (TDS) is a system which was initially introduced by the Income Tax Department. It is one of the modes/methods to collect...

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22 Sep

Ministry of Corporate Affairs has notified the Companies (Restriction on number of layers) Rules, 2017 (“Rules”) vide notification no. G.S.R. 1176(E) dated 20th September, 2017.

September 22, 2017 Corporate 0

Rule 2 of the Rules restricts any company from having more than two layers of subsidiaries. Exemptions:   An Indian Company acquiring a company incorporated outside...

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20 Sep

Exemption from registration to Job workers upto aggregate turnover of Rs. 20 lakh who are making inter-State taxable supply of job work service to a registered person

September 20, 2017 GST 0

Presently, a job worker making inter-State taxable supply of job work service is not eligible for threshold exemption of Rs. 20 lacs (Rs. 10 lacs...

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20 Sep

Extension in due date for filing Form GST TRAN-1 to 31st October, 2017

September 20, 2017 GST 0

GSTN has extended the due date for filing the Form GST TRAN – 1 for claiming the input tax credit of eligible duties and taxes...

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20 Sep

Extension of due-date for filing Income-Tax Return​ as well as various Audit Reports f​or Assessment year 2017-18

September 20, 2017 GST 0

Central Board of Direct Taxes (CBDT) has passed an Order under section 119 of the Income Tax Act, 1961 (“Act”) dated 31st August, 2017 and...

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19 Sep

Exemption from registration to persons making inter-State taxable supplies of handicraft goods upto aggregate turnover of Rs. 20 lakh

September 19, 2017 GST 0

Presently, any person making inter-state taxable supplies is not eligible for threshold exemption of Rs. 20 lakh (Rs. 10 lakh in special category states except J...

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19 Sep

Issue of Final Registration Certificate in Form REG -06

September 19, 2017 GST 0

GSTN has started issuing the Final Registration Certificate in Form REG -06 in case of taxpayers who has migrated from previous tax regime. You can...

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19 Sep

Extension in due date for filing GSTR-1, GSTR-2 and GSTR-3 for the month of July, 2017

September 19, 2017 GST 0

Government has extended the due dates for filing GST Returns, the following revised schedule has been approved: Sl. No. Details / Return Tax Period Revised...

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