gst composition scheme

Date Extended For Opting for Composition Scheme for FY 2020-21- [Read Notification]

Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for opting for composition scheme for FY 2020-21 by normal taxpayers....

Impact of COVID-2019 on “10% ITC rule for availment of ITC”

As per CBIC sub-rule (4) in Rule 36 of the CGST Rules, 2017 w.e.f. 09.10.2019, a registered person can avail ITC in...

What is force majeure? The legal term everyone should know during Covid-19 crisis

By Poorvi Sanjanwala and Kashmira Bakliwal Apart from the devastating impact that COVID-19 continues to unleash on human beings and countries worldwide, its outreach has...
TDS Certificates for nil/low TDS rates are valid till 30.06.2020

TDS Certificates for Nil/Low TDS rates are valid till 30.06.2020

Recently, CBDT has clarified that there is Nil or Lower Rate TDS/TCS certificate issued for a particular period in...
Are you really saving your taxes? Know your Tax slabs & review your investment plans!

Are you really saving your taxes? Know your Tax slabs & review your investment...

  It’s that time of the year again, when our investments come again to the forefront. The investment receipts are all out, our inbox is...
Stimulus package for MSME

Stimulus package for MSME: 44% MSMEs not satisfied in survey

Over three-fourths of micro, small and medium enterprises (MSMEs) in the national capital region have cut employee salaries while nearly two-third are resorting to...
File DIR-3 KYC, DIR-3 KYC-Web, ACTIVE Form without any Filing Fee

File DIR-3 KYC, DIR-3 KYC-Web, ACTIVE Form without any Filing Fee

MCA has provided again the Opportunity to become compliant by Filing DIR-3 KYC, DIR-3 KYC-Web, ACTIVE Form till 30-09-2020 without any filing fee of...
Taxation Compliance Calendar

Taxation Compliance Calendar for June & July 2020

In this article we have covered detailed Taxation Compliance Calendar for June & July 2020- Taxation Compliance Calendar June...
How to Opt for GST Composition Scheme: FAQ [2020]

How to Opt for GST Composition Scheme: FAQ [2020]

GST Composition scheme is an easy and simple taxation method for small taxpayers to simplifying compliances and reducing their compliance costs....
Analysis of Case Laws- Cash Sales before Demonetization period

Analysis of Case Laws- Cash Sales before Demonetization period

This article covers analysis of case laws- Cash Sales before Demonetization period. Issue under Income Tax Covered here is- Questions Whether books of account can...