Table of Content Section 16(2) states Section 39 contains the following provisions of furnishing of Returns The proviso to section 39(9) states In the recent times, the CGST Department has been aggressively issuing notices and advisory related to section 16(4) for late filing of GSTR 3B.The Notice and advisory sent by the department is related…

Contents: Introduction Applicability of new GST return scheme Return filing Introduction: The Central Government is looking to overhaul the return filing system with a view to provide some relief to taxpayers with aggregate turnover under GST less than Rs. 5 crores. In this regard, it has released certain notifications to lay down a new scheme…

Table of Content What is Quarterly Return Monthly Payment (QRPM) Scheme? Who will be eligible under Quarterly Return Monthly Payment (QRPM) Scheme? What will be the effective date of applicability of QRMP Scheme? How and when to avail for QRMP Scheme? Whether the option to avail the QRMP Scheme is GSTIN wise? What are the…

Content: Who is responsible to deduct TDS under section 194O? What do you mean by E-commerce, E-commerce operators and participants? What is the point of deduction of TDS u/s 194O? At what rate TDS has to be deducted u/s 194-O? What are the exceptions to the section 194O? Whether the TDS is to be deducted…

Table of Content 6 pillars of Union Budget 2021-22 Income under head salaries Profits and gains from business and profession Income under the head capital gain Return of Income TDS/TCS Provisions Provisions regarding Charitable/Religious Trust Provision Related to deductions Assessments and Appeal Other Provisions The Union Budget 2021 was Presented by The Finance Minister ,…

Last date GSTR-4 for F.Y 2019-20 has been extended to 31st October 2020.

Table of Content Steps to use the offline tool Details which can be entered in Offline Tool Details which are un-editable in Offline Tool Some important points related to using offline tool are An EXCEL based offline tool has been provided on GST(Goods and services taxes) portal for composition taxpayers to prepare their GSTR-4 Annual…

The Due date for submission of Foreign Liabilities and Asset Return for year 2019-20 has been extended to 14th August, 2020

Now GSTR-4 form is not required to file quarterly by the taxpayer registered under composition scheme, taxpayer can file GSTR-4 Annually. Form GSTR-4 (Annual Return for Composition Taxpayers) is now available on the GST portal. Due date for filing Form GSTR-4 Annual Return is 30th of the month succeeding the financial year or as extended…

In case your application for revocation of cancellation of registration was rejected by the tax authorities before 12/6/2020 and you wish to avail benefit of Removal of difficulties (ROD) order 01/2020 dated 25.06.2020, as an interim measure, you can request the appellate authority or the higher authority to pass a simple offline order on it…

Page 1 of 51 2 3 5

Copyright © 2022 Goyal Mangal & Company.