Rule 59(2) of CGST Rules 2017

Post author:WhyTax
Post published:March 24, 2022
Post category:GST
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As per Notification No. 82/2020–Central Tax dated 10th November, 2020 amended Rule 59 of CGST Rules 2017. Rule 59(2) is applicable on the registered persons who are required to furnish return of outward supplies of…

Intimation of Voluntary Payment- DRC 03

Post author:WhyTax
Post published:March 23, 2022
Post category:GST
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DRC-03 is a form law that can be filed for voluntary tax payments towards demand or tax shortfall noticed later on after the time limit to file returns of a financial year expires. This form…

Letter of Undertaking (LUT) under GST- RFD 11

Post author:Shivani Jain
Post published:March 21, 2022
Post category:GST
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What is LUT: It is a document that exporters can file to export goods or services without having to pay taxes. Form Required to file LUT: LUT shall file in form RFD-11 available on GST…

GSTR- 2B

Post author:WhyTax
Post published:March 19, 2022
Post category:GST
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GSTR 2B is a new GST form which will be compulsory for all taxpayers registered under the Goods and Services Tax (GST). This article explains how GSTR 2B works in Gst portal, What all details…

The Central Board of Trustees, EPF recommends 8.10% rate of interest to its subscribers for the year 2021-22

Post author:WhyTax
Post published:March 16, 2022
Post category:Business Law
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Central Board of Trustees, EPF in its 230th meeting dated 12.03.2022 recommended annual rate of interest @ 8.10% to be credited on EPF accumulations in member's accounts for the financial year 2021-22. Labour and Employment…

Pizza toppings costlier than pizza

Post author:admin
Post published:March 15, 2022
Post category:GST
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For most of us , a soft crust creamy pizza with loaded cheese , with some spicy rich toppings like jalapenos, corns, bell peppers , sprinkled with love, oregano & chilly flakes, gives us an…

Sec 80 CCD(1B)- NPS Contribution

Post author:WhyTax
Post published:March 14, 2022
Post category:Income Tax
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Important Points of Section 80CCD of the Income Tax Act: This Section deals with contributing to the NPS Tier 1 Account.Only an individual is eligible to claim this deduction.This is the additional deduction is not…

DUE DATE OF ITR for AY 2021-22 for Audit case

Post author:WhyTax
Post published:March 13, 2022
Post category:Income Tax
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The extended due date to file ITR for AY 2021-22 is 15th March, 2022. Don't forget to complete the next step of filing your ITR. If you have already submitted your audit report, do remember…