July 2019 - FinancePost

Taxation of Speculative Income

31/07/2019 CA Janhavi Phadnis 1

Last updated on August 29th, 2022 at 07:19 pmTaxation of Speculative Income What is a Speculative transaction / Speculation Business? Speculation refers to trading in a financial instrument with high risk and high rewards. In […]

How to resolve the issue of “Invalid XML” in filing ITR?

30/07/2019 CA Ankita Khetan 0

Last updated on May 9th, 2021 at 10:57 amHow to resolve the issue of “invalid XML” in filing ITR? Some basic instructions to be followed while filing ITR Make sure you select the correct assessment […]

36th GST Council Meeting Updates

28/07/2019 CA Ankita Khetan 0

Last updated on April 14th, 2021 at 05:13 pm36th GST Council Meeting Updates 36th GST Council Meeting was held on 27th July 2019. It was postponed from its scheduled date of 25th July 2019 due […]

File your ITR by 31st August 2019 to avoid penalty

23/07/2019 CA Ankita Khetan 0

Last updated on May 9th, 2021 at 03:39 pmFile your ITR by 31st August 2019 to avoid penalty The due date for filing the income tax return for the Financial Year 2018-19 i.e the Assessment […]

Govt.’s contradictory interpretation for GST on Co-operative Housing Society

23/07/2019 CA Ankita Khetan 2

Last updated on May 9th, 2021 at 10:01 pmGovt.’s contradictory interpretation for GST on Co-operative Housing Society GST to be charged on the entire amount of monthly maintenance charges or only on the differential amount […]

What details will be pre-filled in ITR?

22/07/2019 CA Ankita Khetan 0

Last updated on April 14th, 2021 at 05:11 pmWhat details will be pre-filled in ITR? The government wants to make the process of income tax compliance easy for the assessees. In order to do this, […]

No need to enter Scrip wise details in ITR for LTCG

19/07/2019 CA Janhavi Phadnis 0

Last updated on May 9th, 2021 at 08:08 amNo need to enter Scrip wise details in ITR for LTCG- Clarifies IT Department Latest >>> Due date to file ITR extended to 31st August 2019 31st […]

Consequences of non-filing of ITR on the due date

19/07/2019 CA Janhavi Phadnis 0

Last updated on May 9th, 2021 at 08:12 amConsequences of non-filing of ITR on the due date Generally, 31st July is the due date to file tax returns of certain taxpayers. Considering the COVID-19 pandemic […]

Interest on delayed payment on GROSS or NET under GST ???

17/07/2019 CA Ankita Khetan 0

Last updated on June 3rd, 2021 at 11:03 pmInterest on delayed payment on GROSS or NET under GST ??? After the retrospective amendment to section 50 – CGST Notification no. 16 dated 1st June 2021 […]

Solution for mismatch in GSTR 1 and GSTR 3B

15/07/2019 CA Ankita Khetan 3

Last updated on April 14th, 2021 at 05:09 pmSolution for mismatch in GSTR 1 and GSTR 3B Taxpayers are confused as to what should be taken as the primary source (GSTR 1/GSTR 3B/ Books of […]

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Month: July 2019