Due dates for the Month of April 2019 10th GST – Return for authorities deducting tax at source – GSTR 7 for March – Details of supplies effected through e-commerce operator and the amount of tax collected – GSTR 8 [Read More]
Mar 312019
Mar 292019
Bihar Minimum Wages 1st Apr 2019 to 30th Sep-2019 The Bihar Minimum Wages Notification (Apr 2019) Courtesy: Prakash Consultancy Services
Mar 292019
Supreme Court Judgement regarding PF contribution on all allowances Interpretation of term ‘basic wages’ of EPF & MP Act, 1952 and Impact of recent judgment of Supreme Court delivered in Surya Roshni Ltd v. EPFO, 2019 LLR 339 (SC) The [Read More]
Mar 012019
Due dates for the Month of March 2019 7th Income Tax – TDS Payment for February 10th GST – Return for authorities deducting tax at source – GSTR 7 for February – Details of supplies effected through e-commerce operator and [Read More]
Feb 052019
Tax proposal in Budget 2019 Existing rates of income tax will continue for FY 2019-20. Thus, it is important to note that slab rate for taxing income remains intact. Thus, slab rates for financial year 2019 -20 will be summarized [Read More]
Feb 012019
Due dates for the Month of February 2019 7th Income Tax – TDS Payment for January 10th GST – Return for authorities deducting tax at source – GSTR 7 for January – Details of supplies effected through e-commerce operator and the amount of [Read More]
Dec 292018
Annual return under GST Legal provisions: Section 44(1) of CGST Act read with Rule 80(1) of CGST Rules: Every Registered person other than – An Input Service Distributor, A person paying tax under section 51 (TDS) or section 52 (TCS), [Read More]
Dec 272018
How to avoid penalty under GST Section 122 of CGST act read as follows: Section 122. (1) Where a taxable person who–– Supplies any goods or services or both without issue of any invoice or issues an incorrect or false [Read More]
Dec 242018
TDS procedure under GST Legal background: NN 50/2018 read as follows: In exercise of the powers conferred by section 1(3) of the CGST and in supercession of the notification of the Government of India in the Ministry of Finance, Department [Read More]
Dec 202018
Procedural aspects of E way bills Basic procedure: The following is the basic procedure to generate an e-Way bill Furnish information in Form GST EWB-01 (PART A and PART B) before the commencement of movement of goods (on ewaybillgst.gov.in) PART [Read More]