Clipped from: https://nortonsafe.search.ask.com/web?q=show%20cause%20notice%20reply%20in%20gst&vendoroffered=ask&extntype=legacyv1&vendorConfigured=ask&o=APN12174&prt=cr&ver=3.14.3.7&tpr=111&chn=prev&guid=4e1cc573-59d9-4454-b2ac-cf1de030c879&doi=2021-01-14Web Results GST Notices – Overview, Reasons, Types & Reply Formathttps://cleartax.in/s/gst-notices 16 Mar 2021 … GST Notices are of many types. Get a complete list! Reply to show cause notice on time, giving SCN reference
Category: Income Tax
When to Say No to Cash Transaction under Income Tax Act, 1961–tax guru
Clipped from: https://taxguru.in/income-tax/cash-transaction-income-tax-act-1961.html A. Income Tax Act, 1961 discourages transactions in cash through several of its provisions. This is done with a view to- counteracting money
SEBI eases compliance requirements, cos can file Q4 results till Jun 30–business today
The companies have also been given an additional month till June 30 to file their annual secretarial compliance report. SEBI also eased compliance requirement for
Net-shy Covid patients feel payment pain, major worry for many in small-town India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/net-shy-covid-patients-feel-payment-pain/articleshow/82301096.cms Synopsis–Families of these Covid-19 infected persons are asking friends and relatives who use netbanking to transfer money to the hospitals and clinics to
80% MSMEs, startups urge FM Sitharaman to extend GST payment, return filing deadlines without penalty – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/80-msmes-startups-urge-fm-sitharaman-to-extend-gst-payment-return-filing-deadlines-without-penalty/2241340/ Credit and Finance for MSMEs: The government had last week announced the extension of the deadline for payments under the Direct Tax Vivad
YOUR QUERIES: INCOME TAX- For NRIs, only income sourced from India will be liable to tax – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-for-nris-only-income-sourced-from-india-will-be-liable-to-tax/2241249/ Every individual having income above the prescribed threshold, has to declare particulars of income earned/ loss incurred under different heads, deductions/ exemptions claimed
Crores of traders urge FM Nirmala Sitharaman to defer GST, income tax compliances by three months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/crores-of-traders-urge-fm-nirmala-sitharaman-to-defer-gst-income-tax-compliances-by-three-months/2239771/ Covid impact on MSMEs: “The daily business loss due to lockdown in Delhi is likely to be around Rs 600 crore while for
करावे कर-समाधान : रोखीचे व्यवहार आणि प्राप्तिकर कायदा | लोकसत्ता
lipped from: https://www.loksatta.com/arthvrutant-news/cash-transactions-and-income-tax-law-akp-94-2453603/ प्राप्तिकर कायद्यातसुद्धा अशा व्यवहारांवर निर्बंध आणण्यासाठी अनेक तरतुदी आहेत आणि त्या वेळोवेळी अधिक कडक करण्यात आल्या. || प्रवीण देशपांडे रोखीच्या व्यवहारांवर मागील काही
India Inc may have to keep date with filings as Sebi cites partial lockdown | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-may-have-to-keep-date-with-filings-as-sebi-cites-partial-lockdown-121042600038_1.html Auditors struggle with Covid, but no extension likely for FY21 earnings reports At present, listed companies are required to file their fourth quarter
More clarity now on cross-border taxation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/more-clarity-now-on-cross-border-taxation/article34408118.ece This apart, the amendments in the Budget give a fillip to foreign institutions to invest in India In the backdrop of the Covid-19
How LTCG tax is calculated when the actual acquisition cost is not available – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-ltcg-tax-is-calculated-when-the-actual-acquisition-cost-is-not-available/article34403428.ece In respect to some of the equity investments in listed companies made by me, both through primary and secondary markets, I am planning
CBDT issues procedure and guidelines for submission of Statement of Financial Transactions for dividend, interest income – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/cbdt-issues-procedure-and-guidelines-for-submission-of-statement-of-financial-transactions-for-dividend-interest-income/2239006/ The statement of financial transactions shall be furnished on or before the 31 st May, immediately following the financial year in which the
Govt examining industry demands; breather on tax compliance deadline likely | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-examining-industry-demands-breather-on-tax-compliance-deadline-likely-121042300021_1.html Proposals for a 3-month extension of compliance timeline being considered The Union government is examining proposals seeking relief to businesses through extension of
Time, tide & taxman wait for none, not even pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/time-tide-taxman-wait-for-none-not-even-pandemic/articleshow/82225942.cms Synopsis–Unsure of the consequences of ignoring summons beyond a penalty of Rs 10,000, many of them are reluctantly meeting the officers in Mumbai’s
Govt extends time till June 30 for making payment under Vivad Se Vishwas scheme – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-extends-time-till-june-30-for-making-payment-under-vivad-se-vishwas-scheme/articleshow/82229445.cmsSynopsis The government on Saturday extended the deadline for making payment under the direct tax dispute resolution scheme Vivad Se Vishwas by two months
India’s tax revenue below potential by about 4% of GDP: 15th Finance Commission Chairman NK Singh – The Financial Express
Clipped from: https://www.financialexpress.com/economy/indias-tax-revenue-below-potential-by-about-4-of-gdp-15th-finance-commission-chairman-nk-singh/2239130/ Speaking at the CSEP-IMF event on “Securing Sustainable Finances and Medium-term Fiscal Frameworks: International Experience and Relevance for India”, Singh said there is
CBDT issues procedure and guidelines for submission of Statement of Financial Transactions for dividend, interest income – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/cbdt-issues-procedure-and-guidelines-for-submission-of-statement-of-financial-transactions-for-dividend-interest-income/2239006/ The statement of financial transactions shall be furnished on or before the 31 st May, immediately following the financial year in which the
Tax query: Does inheritance attract income tax? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-does-inheritance-attract-income-tax/article34346650.ece Money received as legal heir shall not be taxable at recipient’s hands My wife has received some money being the second holder in
Data drive: The FY21 tax suprise – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/data-drive-the-fy21-tax-suprise/2234816/ The Centre’s indirect tax collection grew 12%, to Rs 10.71 lakh crore, in FY21 on the back of higher collection from central excise
Restrained by COVID-19: Auditors ask management to confirm certain sales, debt, physical verification of inventory – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/restrained-by-covid-auditors-ask-for-managements-assurance/articleshow/82090788.cms Synopsis–Auditors are raising questions around the authenticity of sales, inventory and debtors in the financials of several companies, say insiders. Auditors have to