Consequences of non filing of GSTR1 on or before due date
Consequences of non filing of GSTR1 on or before due date According the Goods and Services Act, 2017 there is penalty provision for non filing of GSTR 1 on or … Read More
Author: Team Freetaxguru
Tax Evasion Through Fake Invoice and action by Government.
Tax Evasion Through Fake Invoice and action by Government. There are many persons they never do hard work for earn money like beggar, dakaiti, chori, loot, and cheat other person.. … Read More
Who is liable to deduct TDS ?
Who is liable to deduct TDS ? According to Income Tax Act,1961 TDS is required to be deducted before making any payments in cash or before issuing any cheque or … Read More
Notification Number – 94/2020 – Central Tax
Notification Number – 94/2020 – Central Tax The following section of the Finance Act, 2020 has been made effective from 01/01/2021 by this notification. Section 119 – Restrictions … Read More
Notification No. 94 /2020 – Central Tax
Notification No. 94 /2020 – Central Tax According to Goods and Service Tax provision In exercise of the powers conferred by section 164 of the Central Goods and Services Tax … Read More
Quarterly Return Monthly Payment Scheme (QRMP)
Quarterly Return Monthly Payment Scheme (QRMP) According to Goods and Service Tax 2017 Circular no. 143/13/2020 GST dated 10th November 2020 That taxpayer now can opt a new scheme quarterly … Read More
Circular No. 143/13/2020- GST dated 10th November 2020
Central Government give great relief to taxpayers whose annual turnover is up to 5 Crore. according to Goods and Service act 2017 there are mandatory o file GST return monthly … Read More
Standard deduction on salary income section 16(ia)
Standard deduction on salary income section 16(ia) According to Income Tax Act, 1961 reintroduced standard deduction from salary income Quantum of Amount 1. Salary Income 2. Rs.50,000 Whichever is less … Read More
Income Tax Implications on Sale and Purchase of Property
Income Tax Implications on Sale and Purchase of Property According to Income Tax Act 1961, sale of property chargeable to capital gain.
AGM Due date Extension
AGM Due date Extension Due to COVID-19 every person face many problem so that company unable to held annual general meeting. So Roc has extended 3 month to held annual … Read More