Blog - Page 5

28 Nov 22

Latest GST News,Information, Notifications & Announcements [Period 22/11/22 to 28/11/22]

Latest GST News, Information, Notifications & Announcements [Period 22/11/22 to 28/11/22] 1. Mandatory furnishing of correct and proper information of ineligible Input Tax Credit and reversal thereof in Form GSTR-3B As Per CBIC circular no. 170/02/2022: GST has highlighted incorrect reporting of ineligible Input Tax Credit by Taxpayers. Maharashtra &…

01 Aug 22

Missed deadline to file Income Tax Return?

If you have missed filing your Income Tax returns, here’s what you need to do. Next, you will have to fill in the ‘ITR U’ form for the updated return and mention the reasons for updating your income. It could be: return previously not filed, income not reported correctly, reduction…

01 Aug 22

BONUS ISSUE – TOOL OF CAPITAL RESTRUCTURING

BONUS ISSUE – TOOL OF CAPITAL RESTRUCTURING A company may, if its Articles provide, capitalize its profits by issuing fully- paid bonus shares. The issue of bonus shares by a company is a common feature. When a company is prosperous and accumulates large distributable profits, it converts these accumulated profits…

01 Aug 22

CBDT notification for PAN/TAN integration with LLP incorporation form FiLLip

CBDT notification for PAN/TAN integration with LLP incorporation form FiLLip dated 28-07-2022 F.No. DGIT(S)/ADG(S)-1/FiLLiP form for LLP/2022-23/ Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) Notification 04 of 2022. New Delhi, 26th of July, 2022; Subject: Procedure of PAN application & allotment through…

01 Aug 22

Notification No 5/2022 issued for Reduction of time limit for verification of ITR

Notification No 5/2022 issued for Reduction of time limit for verification of ITR The Central Board of Direct Taxes (CBDT) has informed that the time limit for verification of income tax return (ITR) has been reduced to 30 days (from 120 days ) of transmitting the ITR data electronically. The…

03 Jul 22

Last date for filing of LLP Form 11 without additional fee extended

Last date for filing of LLP Form 11 without paying additional fee has been extended upto 15th July, 2022 by MCA vide General Circular No. 07/2022 dated 29th June 2022. F.NO. 01/2/2021-CL-V-MCA-(Part-1) Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New…

21 Jun 22

FAQs on Dir – 3 KYC – Part 1

FAqs on Dir – 3 KYC – Part 1 Important Questions on Filing of DIR-3 KYC Q1. What is the due date for filing DIR-3 KYC? Ans.: Due date for filing the KYC form is 30th September of every year. Q2. Who is required to File DIR-3 KYC / Web…

10 Jun 22

What is Difference Between Gross Total Income And Total Income in Income Tax?

What is Difference Between Gross Total Income And Total Income in Income Tax? Total Income is the income on which tax liability is determined. It is necessary to compute total income to ascertain tax liability. section 80C to 80U provides certain deductions which can be claimed from Gross Total Income…

04 Jun 22

Don’t Be in a Hurry to File Your ITR Before June 2022

This year, the Government live the Income Tax Return Filing forms well before the due date, which need to be uploaded before 31st July for a non Audit Taxpayers like Salary employed, Freelancers, Businessman, etc. But the Tax expert advises not to file your Income Tax Return before June 2022. In this…

29 May 22

Fake reviews on E-Commerce platforms under Centre’s radar

To gauge the magnitude of fake reviews on E-Commerce platforms which mislead consumers into buying online services or products and to prepare a roadmap ahead, the Department of Consumer Affairs (DoCA) in association with the Advertising Standards Council of India (ASCI) will be holding a virtual meeting on Friday, 27th…

For Indian Entrepreneur

For Foreign Entrepreneur

Special Entity

Returns

Annual Filings

Change Services

Closure

Special

Accounting & Payroll

Special

Trademark

CopyRight

Patent

Support Services

Latest GST News,Information, Notifications & Announcements [Period 22/11/22 to 28/11/22]

Missed deadline to file Income Tax Return?

BONUS ISSUE – TOOL OF CAPITAL RESTRUCTURING

CBDT notification for PAN/TAN integration with LLP incorporation form FiLLip

Notification No 5/2022 issued for Reduction of time limit for verification of ITR

Last date for filing of LLP Form 11 without additional fee extended

FAQs on Dir – 3 KYC – Part 1

What is Difference Between Gross Total Income And Total Income in Income Tax?

Don’t Be in a Hurry to File Your ITR Before June 2022

Fake reviews on E-Commerce platforms under Centre’s radar

Business Registration

Registration

Licenses

Accounting & Tax

For Indian Entrepreneur

For Foreign Entrepreneur

Special Entity

Returns

Annual Filings

Change Services

Closure

Special

Accounting & Payroll

Special

Trademark

CopyRight

Patent

Support Services

Subscribe to our newsletter!

Business Registration

Registration

Licenses

Accounting & Tax