EXCESS CREDIT TAKEN OF ITC IN GSTR-3B
How do I rectify if excess Input Tax Credit taken in GSTR 3B?
Excess Input Tax Credit has been availed while filing GSTR 3B in previous year, now found the mistake and want to correct . How can this mistake be corrected.
Clarification in respect of residency under section 6 of the Income-tax Act, 1961.
Section 6 of the Income-tax Act, 1961 (the Act) contains provisions relating to determination of residency of a person. The status of an individual, as to whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the person is in India during a previous year or years preceding the previous year.
New procedure for registration, approval, etc. of certain entities deferred to 1st October, 2020
In view of the unprecedented humanitarian and economic crisis, the CBDT has decided that the implementation of new procedure for approval/ registration/notification of certain entities shall be deferred to 1st October, 2020. Accordingly, the entities approved/ registered/ notified under section 10(23C), 12AA, 35 and 80G of the Income-tax Act, 1961 (the Act) would be required to file intimation within three months from 1st October, 2020, i.e, by 31st December, 2020. Further, the amended procedure for approval/ registration/ notification of new entities shall also apply from 1st October, 2020.
Deferment of Reporting under clause 30C and clause 44 of Tax Audit Report
How to change Company name in India | How to Change Your Company Name |
A business may decide to rebrand for a variety of tactical reasons. Aligning the company's branding with its changing business goals, wh...
-
Highlights of Karnataka Budget Speech - 2013-2014 and amendments proposed in various Commercial Tax & Other Laws: Karnataka...
-
Facts of the case CASE -1 CASE -2 (A) Profit as P& L A/C 500000.00 500000.00 (B) Provision for Income Tax @30% 150000.00 150...
-
Central Sales Tax (CST) is a tax on Sale levied by Central Government under the provisions of Central Sales Tax Act , 1957 . As per the ...