TDS under GST
TDS under GST TDS under the GST mechanism has been made mandatory from 1st October 2018. What is TDS under the GST mechanism? The concept of TDS under GST is to collect tax from the […]
TDS under GST TDS under the GST mechanism has been made mandatory from 1st October 2018. What is TDS under the GST mechanism? The concept of TDS under GST is to collect tax from the […]
Due date for tax audit further extended to 31st October’2018 After taking into consideration various representations made by stakeholders and ICAI the due date has been further extended by 15 days from 15th October 2018 […]
Changes in E-way bill applicable from 1st October 2018 Overview E- waybill is an electronic waybill that is required for the movement of goods valuing more than Rs.50,000 in a vehicle to be generated on […]
Annual Return of GST An annual return is to be furnished once a year by all the registered taxpayers under GST. It is a consolidated return requiring the information of SGST, CGST and IGST paid […]
Registration for TCS under GST Registration for an e-commerce operator under GST ⇒ As per section 24(x) of the CGST Act where in certain cases GST registration is mandatory irrespective of the turnover will be […]
TCS as per GST Provisions of TCS are applicable from 1st October 2018. It was notified vide CGST Notification no. 51/2018 dated 13th September 2018. Overview TCS as per Income Tax Act,1961 It is the […]
Presumptive Taxation Scheme for Professionals Relevant Section Section 44ADA (New section which was inserted by Finance Act,2016 and was effective from 1st April 2017) This section was introduced for simplification in taxation & compliance […]
What is Nifty or Nifty 50? Overview Nifty which is also called Nifty 50 an index tracking share prices of 50 well-established and financially sound companies listed on the National Stock Exchange of India (NSE). […]
Presumptive taxation scheme under section 44AD Overview In order to provide relief to small assessees/businesses from the tedious work of maintaining books of account as per section 44AA and compliances of Income Tax law, a simple […]
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