Time limit for filing revocation application for cancellation of GSTIN for the period from 01st March 2021 to 31st August 2021 has been extended to 30th September 2021 CBIC vide Notification No. 34/2021- Central Tax,…
CBIC vide notification No. 33/2021 – Central Tax dated 29.08.2021 has extended the benefit of reduced late fees for filing GSTR-3B in GST Amnesty Scheme upto 30th Nov 2021. The late fee for non-furnishing of…
GST website has issued an advisory on HSN and GSTR-1 filing on 26.08.2021 In accordance with Notification No. 78/2020 – Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN)…
Implementation of Rule-59(6) on GST Portal- Restriction in filing of GSTR-1 1. Rule-59(6) of CGST Rules, 2017; inserted vide Notification No. 1/2021 dated 1st January 2021, provides for restriction in filing of GSTR-1 in certain…
Form 26QB is a return-cum-challan form for the payment of TDS for deductions made under Section 194-IA of the Income Tax Act, 1961 i.e. for TDS on Sale of Property. I. Steps to fill form…
ESI stands for Employee State Insurance managed by the Employee State Insurance Corporation which is an autonomous body created by the law under the Ministry of Labour and Employment, Government of India. ESI Registration provides monetary…
Who is required to deduct TDS u/s 194J Any person (but not an individual or HUF) who pays to a resident fees for professional or technical services, will be required to deduct tax at source…
Section 194IA deals with the requirement of TDS deduction by the buyer at the time of purchase of the property. This section is applicable from 01st June 2013. Points to be considered under Section 194IA:…