Jul 242019

FAQ on declaration of dividend by companies Q: Is it mandatory for a company to declare dividend? A: No, it is not mandatory for a company to declare dividend. Q: In case a company declares dividend, what shall be the [Read More]

Jul 242019

Due date of Filing of Income Tax Return for Asst. Year 2019-20 has been extended from 31 July 2019 to 31 August 2019 in respect of certain categories of tax payers who were liable to file their returns  by 31st [Read More]

Jul 182019

Tax Deduction at Source (TDS) on payment by Individual/HUF to contractors and professionals Proposals under Finance Bills 2019: Clause 46. After section 194LD of the Income-tax Act, the following sections shall be inserted with effect from the 1st day of [Read More]

Jul 132019

Amendments proposed in budget 2019 The major amendments proposed in budget 2019 with impact on future assessments are listed below: Issue Before Budget 2019 After Budget 2019 Impact Analysis TDS by certain individuals or HUF for payment made to contractor [Read More]

Jul 052019
Due dates for the Month of July 2019

Due dates for the Month of July 2019 7th Income Tax – TDS Payment for June 10th GST – Return for authorities deducting tax at source – GSTR 7 for June – Details of supplies effected through e-commerce operator and [Read More]

Jul 032019

Supply under GST in light of latest amendment Introduction: Goods and service tax as defined under Article 366(12A) of constitution is any tax on supply of goods or services or both except taxes on the supply of the alcoholic liquor [Read More]