Income Tax and GST Return filing is coming back again. Know all about the important dates and relevant provisions via this Tax and GST compliance calendar for July 2023 learn more!
This document provides a summary of recent tax law notifications, circulars, and case rulings across Goods and Services Tax (GST) and customs. It covers topics such as clarifications on interest charges for IGST credits, input tax credit claims, the taxability of EV battery charging and vehicle body building services, and an extension of various GST return filing deadlines. Customs updates include increased duties on LPG and related fuels as well as amendments to notifications implementing the recommendations of GST Council meetings.
Corporate Compliance Calendar for the month of October 2019Lalit Rajput
ABOUT ARTICLE :
This article contains various Compliance requirements under Statutory Laws. Compliance means “adhering to rules and regulations.”
Compliance Requirement Under
1. Income Tax Act, 1961
2. Goods & Services Tax Act, 2017 (GST)
3. Other Statutory Laws
4 Foreign Exchange Management Act, 1999 (FEMA)
5. SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015
6. SEBI (Depositories and Participants) Regulations 2018)
7. SEBI Takeover Regulations 2011
8. SEBI (Prohibition of Insider Trading) Regulations, 2015
9. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
10. SEBI (Buyback of Securities) Regulations, 2018
11. Companies Act, 2013 (MCA/ROC and LLP Compliance)
12. Investor Education and Protection Fund
Corporate compliance calendar april 2020Lalit Rajput
ABOUT ARTICLE :
This article contains various Compliance requirements under Statutory Laws. Compliance means “adhering to rules and regulations.”
If you think compliance is expensive, try non‐ compliance”
Compliance Requirement Under
1. Income Tax Act, 1961
2. Goods & Services Tax Act, 2017 (GST) & 39th GST Council Meeting Updates
3. Other Statutory Laws
4 Foreign Exchange Management Act, 1999 (FEMA) and Important Notifications
5. SEBI (Listing Obligations & Disclosure Requirements) (LODR) Regulations, 2015
6. SEBI Takeover Regulations 2011
7. SEBI (Prohibition of Insider Trading) Regulations, 2015
8. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
9. SEBI (Buyback of Securities) Regulations, 2018 and Circulars / Notifications
10. Companies Act, 2013 (MCA/ROC and LLP Compliance) and Notifications
11. ICSI Updates on e-CSIN
12. . MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSME)
13. Insolvency and Bankruptcy Board of India (IBBI) Updates
Taxmann Review Bulletin: A quick review of important Taxes & Laws updates reported on Taxmann.com
1. Ordinance 2020: New due dates for compliances under the income-tax Act
2. Ordinance 2020: New interest rates on delayed payment of taxes:
3. Ordinance 2020: Deduction under Section 80G in respect of
contribution to ‘PM CARES Fund
4. Ordinance 2020:New due dates for compliances in
Indirect Tax Laws
The document contains frequently asked questions and answers regarding banking, insurance, and stock brokers in relation to GST.
Some key points addressed are:
- Banks are not required to provide ATM details in their GST registration as ATMs alone do not constitute a place of business.
- Third party places like ATMs, business correspondents, or warehouses used by banks are not required to be included in their GST registration.
- For services provided up to June 30, 2017, the applicable tax (GST or prior tax) depends on whether the invoice was issued or payment was made before or after July 1, 2017.
- Banks/insurers must report exempt, non-GST and invoice
This document provides a summary of recent tax law notifications, circulars, and case rulings across Goods and Services Tax (GST) and customs. It covers topics such as clarifications on interest charges for IGST credits, input tax credit claims, the taxability of EV battery charging and vehicle body building services, and an extension of various GST return filing deadlines. Customs updates include increased duties on LPG and related fuels as well as amendments to notifications implementing the recommendations of GST Council meetings.
Corporate Compliance Calendar for the month of October 2019Lalit Rajput
ABOUT ARTICLE :
This article contains various Compliance requirements under Statutory Laws. Compliance means “adhering to rules and regulations.”
Compliance Requirement Under
1. Income Tax Act, 1961
2. Goods & Services Tax Act, 2017 (GST)
3. Other Statutory Laws
4 Foreign Exchange Management Act, 1999 (FEMA)
5. SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015
6. SEBI (Depositories and Participants) Regulations 2018)
7. SEBI Takeover Regulations 2011
8. SEBI (Prohibition of Insider Trading) Regulations, 2015
9. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
10. SEBI (Buyback of Securities) Regulations, 2018
11. Companies Act, 2013 (MCA/ROC and LLP Compliance)
12. Investor Education and Protection Fund
Corporate compliance calendar april 2020Lalit Rajput
ABOUT ARTICLE :
This article contains various Compliance requirements under Statutory Laws. Compliance means “adhering to rules and regulations.”
If you think compliance is expensive, try non‐ compliance”
Compliance Requirement Under
1. Income Tax Act, 1961
2. Goods & Services Tax Act, 2017 (GST) & 39th GST Council Meeting Updates
3. Other Statutory Laws
4 Foreign Exchange Management Act, 1999 (FEMA) and Important Notifications
5. SEBI (Listing Obligations & Disclosure Requirements) (LODR) Regulations, 2015
6. SEBI Takeover Regulations 2011
7. SEBI (Prohibition of Insider Trading) Regulations, 2015
8. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
9. SEBI (Buyback of Securities) Regulations, 2018 and Circulars / Notifications
10. Companies Act, 2013 (MCA/ROC and LLP Compliance) and Notifications
11. ICSI Updates on e-CSIN
12. . MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSME)
13. Insolvency and Bankruptcy Board of India (IBBI) Updates
Taxmann Review Bulletin: A quick review of important Taxes & Laws updates reported on Taxmann.com
1. Ordinance 2020: New due dates for compliances under the income-tax Act
2. Ordinance 2020: New interest rates on delayed payment of taxes:
3. Ordinance 2020: Deduction under Section 80G in respect of
contribution to ‘PM CARES Fund
4. Ordinance 2020:New due dates for compliances in
Indirect Tax Laws
The document contains frequently asked questions and answers regarding banking, insurance, and stock brokers in relation to GST.
Some key points addressed are:
- Banks are not required to provide ATM details in their GST registration as ATMs alone do not constitute a place of business.
- Third party places like ATMs, business correspondents, or warehouses used by banks are not required to be included in their GST registration.
- For services provided up to June 30, 2017, the applicable tax (GST or prior tax) depends on whether the invoice was issued or payment was made before or after July 1, 2017.
- Banks/insurers must report exempt, non-GST and invoice
Gst Return filing Due Dates Updates due to Coronavirus Lockdown response myiris
The document provides updates on GST returns filing due dates and compliance procedures in light of COVID-19 relief measures. Key points include:
1. Extended due dates till June/July 2020 for filing various GST returns like GSTR-3B, GSTR-1, GSTR-5, GSTR-9 for different categories of taxpayers.
2. Late payment interest waived off or reduced for delayed filing within the extended dates.
3. New facility introduced to shift tax balances between heads using PMT-09.
4. Composition scheme and exporter compliance procedures also given leeway.
5. Areas without relaxation like invoice issuance, new registrations etc. also outlined.
The document discusses various topics related to taxes and compliance in India for the month of October 2017.
Key points include:
1) CBDT introducing Rule 39A and Form 28AA for voluntary reporting of estimated current income and advance tax liability.
2) Taxpayers advised to confirm identities of Income Tax search authorities to avoid fraud.
3) CBDT clarifies impact of SARFAESI Act on collection of taxes from attached properties.
4) GST council revises due dates for filing returns and provides exemptions for casual traders and job workers.
Corporate compliance calendar _ January 2020Lalit Rajput
Corporate compliance calendar for the month of January 2020
ABOUT ARTICLE :
This article contains various Compliance requirements under Statutory Laws. Compliance means “adhering to rules and regulations.”
Compliance Requirement Under
1. Income Tax Act, 1961
2. Goods & Services Tax Act, 2017 (GST)
3. Other Statutory Laws
4 Foreign Exchange Management Act, 1999 (FEMA)
5. SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015
6. SEBI Takeover Regulations 2011
7. SEBI (Prohibition of Insider Trading) Regulations, 2015
8. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
9. SEBI (Buyback of Securities) Regulations, 2018
10. Companies Act, 2013 (MCA/ROC and LLP Compliance)
11. Investor Education and Protection Fund
12. ICSI Updates on e-CSIN
On 14th March, 2020 GST Council Meeting was held at New Delhi and came up with few clarifications and amendments regarding various matters. An overview of the said meeting has been drafted in the attached slides.
For any assistance, please contact at urvashi@umco.co.in
Summary of Recent Notifications & Circulars in GSTPriyank Shah
The document summarizes measures taken by the Indian government under GST in response to the COVID-19 crisis, including:
1) Extending various GST return filing deadlines and reducing interest rates for delayed filings.
2) Conditionally waiving late fees for filing certain GST returns by specified dates.
3) Increasing time limits for composition scheme returns and providing other compliance reliefs till June 30, 2020.
The summaries clarify procedures for claiming refunds, new registrations for insolvency cases, and other key points.
May Monthly Newsletter- N Pahilwani and AssociatesNitin Pahilwani
1. The document provides updates on tax compliance deadlines in India for May 2020, including extensions granted due to COVID-19. Key dates are extended for income tax returns and refunds, GST returns, TDS/TCS statements, and other compliance requirements.
2. The CBDT has extended various tax payment and compliance deadlines that were falling between March 20 to June 30, 2020 to June 30, 2020. This includes deadlines for income tax returns and refunds, TDS/TCS statements, and other requirements.
3. Due dates for GST returns have also been extended, with the deadline for GSTR-3B returns for April-May 2020 being June 12th/14
Critical compliance under GST to be taken care of before 30 September 2018Nilesh Mahajan
GST has completed its first financial year (July 17 – Mar 18) and there are certain critical issues to be considered by the taxpayers on or before 30 September 2018. Certain critical areas requiring urgent attention is captured in the article
Corporate compliance calendar march 2020Lalit Rajput
Corporate Compliance Calendar for the month of March, 2020.
This article includes various Compliances related to various Laws.
Compliance Requirement Under
1. Income Tax Act, 1961
2. Goods & Services Tax Act, 2017 (GST)
3. Other Statutory Laws
4 Foreign Exchange Management Act, 1999 (FEMA) and Important Notifications
5. SEBI (Listing Obligations & Disclosure Requirements) (LODR) Regulations, 2015
6. SEBI Takeover Regulations 2011
7. SEBI (Prohibition of Insider Trading) Regulations, 2015
8. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
9. SEBI (Buyback of Securities) Regulations, 2018 and Circulars / Notifications
10. Companies Act, 2013 (MCA/ROC and LLP Compliance) and Notifications
11. Investor Education and Protection Fund
12. ICSI Updates on e-CSIN
13. Ministry of Labour & Employment Update
14. Insolvency and Bankruptcy Board of India (IBBI) Updates
Newsletter on daily professional updates- 24/03/2020CA PRADEEP GOYAL
“Your mind is a powerful thing.
When you fill it with positive thoughts, your life will start to change.”
Here is your Daily dose of professional updates 24.03.2020, it contains all summary of all 20 GST non-tariff notifications, 2 circulars dated 23/03/200 issued by CBIC. Also contain various updates on Income Tax, Corporate Laws, RBI and others.
Happy New Year 2017
For Lunawat Monthly Bulletin – January 2017 click at http://lunawat.com/Uploaded_Files/Attachments/F_3529.pdf
The same is also available on www.lunawat.com as well as on free Mobile App ‘LUNAWAT’ available through playstore.
I hope the same shall be of use to you.
Warm Regards
CA. Pramod Jain
Corporate Updates
RBI
RBI announces Sovereign Gold Bond Scheme
MCA
IBBI has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
TAXATION
Recommendations made by the GST Council in its 22nd Meeting
No extension of last date for filing GSTR-1 for July, 2017
Company Website-
www.acquisory.com
31 May Weekly Newsletter - N Pahilwani & AssociatesNitin Pahilwani
This weekly newsletter contains income tax and GST updates for the week. For income tax, it summarizes changes to ITR forms for AY 2020-21 including new schedules for investments, the launch of instant PAN through Aadhaar-based e-KYC, and notifications regarding annual information statements replacing Form 26AS. For GST, it provides updates on the GST portal including new registration options for insolvency professionals and enabling EVC filing for companies. It also summarizes some judicial rulings related to transfer of goods ownership, tax deduction at source on exempt supplies, and authority of subordinate officers.
Notified Late Fee waiver for period from July 2017 to January 2020Priyank Shah
The CBIC provided relief for late filing fees for GSTR-3B returns between July 2017 to January 2020. If the return is filed between July 1, 2020 to September 30, 2020, there will be no late fees charged, otherwise the maximum late fee is Rs. 250 CGST + Rs. 250 SGST for each period. The relief applies to each return period filed in the specified dates and is available only for returns not previously filed along with late fees.
This document provides information about GST returns in India. It defines what a GST return is and details that are required to file returns such as purchases, sales, debit/credit notes, output and input tax credits. It outlines the different types of GST returns like GSTR-1, GSTR-3B, GSTR-9, etc. and provides details on what information is included in each return. It also discusses late filing fees and interest charges for late/delayed GST returns and extensions provided for return filing due dates during COVID-19. In the end, it briefly introduces the new proposed GST return system with simplified return forms.
Notifications & Circulars - GST - 9th & 10th June 2020Priyank Shah
The government has issued a few notifications and circulars on 9th & 10th June 2020, ahead of the GST Councils meet on 12th June 2020. We have summarized the said notifications and circulars for simple understanding.
The document provides information about an upcoming 3-day workshop on GST, ROC, and income tax annual returns for students. It will cover recent changes, dos and don'ts, and the student perspective. The workshop will be organized by the Student Committee of the Chamber of Tax Consultants and led by CA Karan Lodaya. It will include sessions on annual return filing and audit requirements, details on filing GSTR-1 and GSTR-3B returns, as well as an analysis of the annual return.
This document provides guidelines on the release of funds for fiscal year 2023. It outlines the purposes, coverage, general guidelines, and validity of FY 2023 appropriations. Key points include: the aggregate allotment release program shall not exceed P5.268 trillion; funds will be released through GAAAO and SARO/GARO based on evaluated BEDs; and validity periods for obligations, disbursements, and reversion of unreleased/unexpended funds to the national treasury. Modification of allotments within activities/projects may be allowed under exceptional circumstances subject to approval.
The document provides information about filing GST annual returns, including practical issues and concerns. It discusses key details like the statutory requirement to file annual returns, consequences of non-compliance, important dates and deadlines. It emphasizes the importance of annual returns for claiming input tax credit, adjusting credit and debit notes, retention of accounts, and timelines for assessments. The annual return aims to consolidate transaction details declared over the previous 15 months in GSTR-1, GSTR-3B and other returns.
Accounting Standards: Definition, Rules, and Applicability | Academy Tax4wealthAcademy Tax4wealth
Accounting standards can be defined as a set of principles, guidelines, and rules that govern the preparation and presentation of financial statements. Enroll now.
For more information, visit us at:-
https://academy.tax4wealth.com/blog/accounting-standards
Understanding the Importance of Balance Sheets | Academy Tax4wealthAcademy Tax4wealth
A balance sheet outlines a company’s assets, liabilities, and shareholder equity at a given moment. The balance sheet provides a holistic view of a company’s & financial stability.
For more information, visit us at:-
https://academy.tax4wealth.com/blog/understanding-the-importance-of-balance-sheets
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Gst Return filing Due Dates Updates due to Coronavirus Lockdown response myiris
The document provides updates on GST returns filing due dates and compliance procedures in light of COVID-19 relief measures. Key points include:
1. Extended due dates till June/July 2020 for filing various GST returns like GSTR-3B, GSTR-1, GSTR-5, GSTR-9 for different categories of taxpayers.
2. Late payment interest waived off or reduced for delayed filing within the extended dates.
3. New facility introduced to shift tax balances between heads using PMT-09.
4. Composition scheme and exporter compliance procedures also given leeway.
5. Areas without relaxation like invoice issuance, new registrations etc. also outlined.
The document discusses various topics related to taxes and compliance in India for the month of October 2017.
Key points include:
1) CBDT introducing Rule 39A and Form 28AA for voluntary reporting of estimated current income and advance tax liability.
2) Taxpayers advised to confirm identities of Income Tax search authorities to avoid fraud.
3) CBDT clarifies impact of SARFAESI Act on collection of taxes from attached properties.
4) GST council revises due dates for filing returns and provides exemptions for casual traders and job workers.
Corporate compliance calendar _ January 2020Lalit Rajput
Corporate compliance calendar for the month of January 2020
ABOUT ARTICLE :
This article contains various Compliance requirements under Statutory Laws. Compliance means “adhering to rules and regulations.”
Compliance Requirement Under
1. Income Tax Act, 1961
2. Goods & Services Tax Act, 2017 (GST)
3. Other Statutory Laws
4 Foreign Exchange Management Act, 1999 (FEMA)
5. SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015
6. SEBI Takeover Regulations 2011
7. SEBI (Prohibition of Insider Trading) Regulations, 2015
8. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
9. SEBI (Buyback of Securities) Regulations, 2018
10. Companies Act, 2013 (MCA/ROC and LLP Compliance)
11. Investor Education and Protection Fund
12. ICSI Updates on e-CSIN
On 14th March, 2020 GST Council Meeting was held at New Delhi and came up with few clarifications and amendments regarding various matters. An overview of the said meeting has been drafted in the attached slides.
For any assistance, please contact at urvashi@umco.co.in
Summary of Recent Notifications & Circulars in GSTPriyank Shah
The document summarizes measures taken by the Indian government under GST in response to the COVID-19 crisis, including:
1) Extending various GST return filing deadlines and reducing interest rates for delayed filings.
2) Conditionally waiving late fees for filing certain GST returns by specified dates.
3) Increasing time limits for composition scheme returns and providing other compliance reliefs till June 30, 2020.
The summaries clarify procedures for claiming refunds, new registrations for insolvency cases, and other key points.
May Monthly Newsletter- N Pahilwani and AssociatesNitin Pahilwani
1. The document provides updates on tax compliance deadlines in India for May 2020, including extensions granted due to COVID-19. Key dates are extended for income tax returns and refunds, GST returns, TDS/TCS statements, and other compliance requirements.
2. The CBDT has extended various tax payment and compliance deadlines that were falling between March 20 to June 30, 2020 to June 30, 2020. This includes deadlines for income tax returns and refunds, TDS/TCS statements, and other requirements.
3. Due dates for GST returns have also been extended, with the deadline for GSTR-3B returns for April-May 2020 being June 12th/14
Critical compliance under GST to be taken care of before 30 September 2018Nilesh Mahajan
GST has completed its first financial year (July 17 – Mar 18) and there are certain critical issues to be considered by the taxpayers on or before 30 September 2018. Certain critical areas requiring urgent attention is captured in the article
Corporate compliance calendar march 2020Lalit Rajput
Corporate Compliance Calendar for the month of March, 2020.
This article includes various Compliances related to various Laws.
Compliance Requirement Under
1. Income Tax Act, 1961
2. Goods & Services Tax Act, 2017 (GST)
3. Other Statutory Laws
4 Foreign Exchange Management Act, 1999 (FEMA) and Important Notifications
5. SEBI (Listing Obligations & Disclosure Requirements) (LODR) Regulations, 2015
6. SEBI Takeover Regulations 2011
7. SEBI (Prohibition of Insider Trading) Regulations, 2015
8. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
9. SEBI (Buyback of Securities) Regulations, 2018 and Circulars / Notifications
10. Companies Act, 2013 (MCA/ROC and LLP Compliance) and Notifications
11. Investor Education and Protection Fund
12. ICSI Updates on e-CSIN
13. Ministry of Labour & Employment Update
14. Insolvency and Bankruptcy Board of India (IBBI) Updates
Newsletter on daily professional updates- 24/03/2020CA PRADEEP GOYAL
“Your mind is a powerful thing.
When you fill it with positive thoughts, your life will start to change.”
Here is your Daily dose of professional updates 24.03.2020, it contains all summary of all 20 GST non-tariff notifications, 2 circulars dated 23/03/200 issued by CBIC. Also contain various updates on Income Tax, Corporate Laws, RBI and others.
Happy New Year 2017
For Lunawat Monthly Bulletin – January 2017 click at http://lunawat.com/Uploaded_Files/Attachments/F_3529.pdf
The same is also available on www.lunawat.com as well as on free Mobile App ‘LUNAWAT’ available through playstore.
I hope the same shall be of use to you.
Warm Regards
CA. Pramod Jain
Corporate Updates
RBI
RBI announces Sovereign Gold Bond Scheme
MCA
IBBI has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
TAXATION
Recommendations made by the GST Council in its 22nd Meeting
No extension of last date for filing GSTR-1 for July, 2017
Company Website-
www.acquisory.com
31 May Weekly Newsletter - N Pahilwani & AssociatesNitin Pahilwani
This weekly newsletter contains income tax and GST updates for the week. For income tax, it summarizes changes to ITR forms for AY 2020-21 including new schedules for investments, the launch of instant PAN through Aadhaar-based e-KYC, and notifications regarding annual information statements replacing Form 26AS. For GST, it provides updates on the GST portal including new registration options for insolvency professionals and enabling EVC filing for companies. It also summarizes some judicial rulings related to transfer of goods ownership, tax deduction at source on exempt supplies, and authority of subordinate officers.
Notified Late Fee waiver for period from July 2017 to January 2020Priyank Shah
The CBIC provided relief for late filing fees for GSTR-3B returns between July 2017 to January 2020. If the return is filed between July 1, 2020 to September 30, 2020, there will be no late fees charged, otherwise the maximum late fee is Rs. 250 CGST + Rs. 250 SGST for each period. The relief applies to each return period filed in the specified dates and is available only for returns not previously filed along with late fees.
This document provides information about GST returns in India. It defines what a GST return is and details that are required to file returns such as purchases, sales, debit/credit notes, output and input tax credits. It outlines the different types of GST returns like GSTR-1, GSTR-3B, GSTR-9, etc. and provides details on what information is included in each return. It also discusses late filing fees and interest charges for late/delayed GST returns and extensions provided for return filing due dates during COVID-19. In the end, it briefly introduces the new proposed GST return system with simplified return forms.
Notifications & Circulars - GST - 9th & 10th June 2020Priyank Shah
The government has issued a few notifications and circulars on 9th & 10th June 2020, ahead of the GST Councils meet on 12th June 2020. We have summarized the said notifications and circulars for simple understanding.
The document provides information about an upcoming 3-day workshop on GST, ROC, and income tax annual returns for students. It will cover recent changes, dos and don'ts, and the student perspective. The workshop will be organized by the Student Committee of the Chamber of Tax Consultants and led by CA Karan Lodaya. It will include sessions on annual return filing and audit requirements, details on filing GSTR-1 and GSTR-3B returns, as well as an analysis of the annual return.
This document provides guidelines on the release of funds for fiscal year 2023. It outlines the purposes, coverage, general guidelines, and validity of FY 2023 appropriations. Key points include: the aggregate allotment release program shall not exceed P5.268 trillion; funds will be released through GAAAO and SARO/GARO based on evaluated BEDs; and validity periods for obligations, disbursements, and reversion of unreleased/unexpended funds to the national treasury. Modification of allotments within activities/projects may be allowed under exceptional circumstances subject to approval.
The document provides information about filing GST annual returns, including practical issues and concerns. It discusses key details like the statutory requirement to file annual returns, consequences of non-compliance, important dates and deadlines. It emphasizes the importance of annual returns for claiming input tax credit, adjusting credit and debit notes, retention of accounts, and timelines for assessments. The annual return aims to consolidate transaction details declared over the previous 15 months in GSTR-1, GSTR-3B and other returns.
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A balance sheet outlines a company’s assets, liabilities, and shareholder equity at a given moment. The balance sheet provides a holistic view of a company’s & financial stability.
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https://academy.tax4wealth.com/blog/refund-appeal-and-revision-under-income-tax
Get Refund, Appeal and Revision under Income Tax | Academy Tax4wealthAcademy Tax4wealth
If you are looking for refund, appeal and revision under Income Tax, Academy Tax4wealth provides the right procedure to find it. For more information join us.
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https://academy.tax4wealth.com/blog/refund-appeal-and-revision-under-income-tax
Get Refund, Appeal and Revision under Income Tax | Academy Tax4wealthAcademy Tax4wealth
If you are looking for refund, appeal and revision under Income Tax, Academy Tax4wealth provides the right procedure to find it. For more information join us.
For more information, visit us at:-
https://academy.tax4wealth.com/blog/refund-appeal-and-revision-under-income-tax
Income Tax Return Statistics Assessment Year 2021.pptxAcademy Tax4wealth
This collection of Income Tax Return stats aims to foster broader engagement and analysis of income tax information among Department personnel and scholars. Enroll now.
For more information, visit us at:-
https://academy.tax4wealth.com/blog/income-tax-return-statistics-assessment-year-2021-22
This collection of Income Tax Return stats aims to foster broader engagement and analysis of income tax information among Department personnel and scholars. Enroll now.
For more information, visit us at:-
https://academy.tax4wealth.com/blog/income-tax-return-statistics-assessment-year-2021-22
What is The Difference between Accounting and Taxation Course | Academy Tax4w...Academy Tax4wealth
Accounting and taxation courses provide individuals with distinct skill sets and knowledge necessary for successful careers in their respective domains. Explore the disparities between accounting and taxation courses. Enroll now.
For more information, visit us at:-
https://academy.tax4wealth.com/blog/what-is-the-difference-between-accounting-and-taxation-course
What is The Difference between Accounting and Taxation Course | Academy Tax4w...Academy Tax4wealth
Accounting and taxation courses provide individuals with distinct skill sets and knowledge necessary for successful careers in their respective domains. Explore the disparities between accounting and taxation courses. Enroll now.
For more information, visit us at:-
https://academy.tax4wealth.com/blog/what-is-the-difference-between-accounting-and-taxation-course
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
Certified as an ISO/IEC 27001: Information Security Management Systems (ISMS) Lead Implementer, Data Protection Officer, and Cyber Risks Analyst, Denis brings a heightened focus on data security, privacy, and cyber resilience to every endeavor.
His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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Find out more about ISO training and certification services
Training: ISO/IEC 27001 Information Security Management System - EN | PECB
ISO/IEC 42001 Artificial Intelligence Management System - EN | PECB
General Data Protection Regulation (GDPR) - Training Courses - EN | PECB
Webinars: https://pecb.com/webinars
Article: https://pecb.com/article
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For more information about PECB:
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Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
How to Fix the Import Error in the Odoo 17Celine George
An import error occurs when a program fails to import a module or library, disrupting its execution. In languages like Python, this issue arises when the specified module cannot be found or accessed, hindering the program's functionality. Resolving import errors is crucial for maintaining smooth software operation and uninterrupted development processes.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
July 2023 Tax and GST compliance calendar important dates and requirements | Academy Tax4wealth
1. July 2023 Tax and GST compliance calendar
important dates and requirements
July 2023 Compliance Calendar of Income Tax
Due Date Description Section
07-07-2023
“"Date by which tax deductions and collections for the
month of June 2023 must be deposited. However, on
the same day that tax is paid, any funds deducted or
collected by a government office must be deposited to
the credit of the Central Government by producing a
Challan”
TDS/TCS
07-07-2023
” When the Assessing Officer approves a quarterly
TDS deposit under Sections 192, 194A, 194D, or 194H,
it is due on April 1st of the following year.”
192, 194A, 194D or
194H
15-07-2023
“the last day to submit TDS Certificates in accordance
with Sections 194-IA, 194-IB, 194M, and 194S for taxes
withheld in May 2023.Note: relevant to a specific
individual as defined in section 194S”.
194-IA, 194-IB, 194M
and 194S
15-07-2023
“For the quarter ending June 2023, authorized dealers
must file a quarterly declaration on foreign
remittances in Form No. 15CC.”
Form No. 15CC
15-07-2023
“the quarterly report from TCS for the period ending
June 30, 2023.
Taking note of Circular No. 9/2023, dated 28-06-2023,
it should be noted that "The due date for furnishing
TCS statement has been extended from June 30, 2023
to September 30, 2023."
TCS Deposit
2. 15-07-2023
“The receivers' declarations received in Form No.
15G/15H during the quarter ending in June 2023
should be uploaded.”
Form 15G/15H
15-07-2023
“Due date for a stock exchange to submit a Form 3BB
statement about transactions where client codes were
changed after registering in the system for the month
of June 2023.”
Form no. 3BB
30-07-2023
Quarterly TCS certificate for taxes that were paid for
the period ending June 30, 2023
Note: As a result of the Circular No. 9/2023, dated 28-
06-2023, which extended the deadline for TCS
statements, the new deadline for submitting TCS
certificates is October 15, 2023. “″
TCS certificate
30-07-2023
“the deadline for submitting challan-cum-statements
for taxes deducted under sections 194-IA, 194-IB,
section 194M, and section 194S in the month of June
2023. "Note: Applies to a certain individual as
described in section 194S."
194-IA, 194-IB, 194M
and 194S
31-07-2023
Statement of TDS for the quarter ended June 30, 2023
The deadline for submitting TDS statements has been
delayed from June 30, 2023, to September 30, 2023, per
Circular No. 9/2023, dated 28-06-2023.
TDS deposited
31-07-2023
“Quarterly report of a banking company's failure to
deduct tax at source from interest on a time deposit for
the quarter ending June 30, 2023.”
Non-deduction of
Tax
31-07-2023
“If the deadline for submitting a return of income is
July 31, 2023, a statement pursuant to regulations 5D,
5E, and 5F must be provided by a scientific research
college, association, university or other organization,
or an Indian scientific research firm.”
Rules 5D, 5E and 5F
3. 31-07-2023
“A pension fund's notification in Form 10BBB of each
investment made in India for the quarter ending June
2023.”
Form 10BBB
31-07-2023
“Sovereign Wealth Fund's notification on Form II
regarding an investment made in India for the quarter
ending June 2023”
Sovereign Wealth
Fund
GST Compliance Calendar of July 2023
Due
Dates
Compliance Particulars Forms/(Filing Mode)
11.07.2023
For taxpayers with a yearly aggregate turnover of more
than INR 1.5 crore or those who have chosen to file
monthly returns, the deadline to submit the GSTR-1
form is July 11, 2023.
GSTR 1
13.07.2023
For taxpayers with an annual aggregate turnover of up
to INR 1.5 crore or those who have chosen to file
monthly returns, the deadline to submit the GSTR-1
form is July 13, 2023.
GSTR 1
13.07.2023 Monthly (June 2023) IIF
20.07.2023
More than INR 5 Crore in annual revenue in the last
fiscal year | June 2023
GSTR 3B
20.07.2023
Up to INR 5 Crore in annual revenue in the last fiscal
year | June 2023
GSTR 3B
22.07.2023 Quarterly (April-June) GSTR 3B (G1)
24.07.2023 Quarterly (April-June) GSTR 3B (G2)
20.07.2023 For the month of June 2023, all non-resident ODIAR
service providers must file their monthly return GSTR-
GSTR 5A
4. 5A on or before the specified due date of July 20, 2023.
13.07.2023
All non-residents are required to complete Form GSTR-
5 and pay GST by the specified deadline of July 13,
2023, for the month of June 2023.
GSTR 5
13.07.2023
Every Input Service Distributor (ISD) is required to
submit Form GSTR-6 by the deadline of July 13 for the
period ending in June 2023.
GSTR 6
10.07.2023
The 10th of July is the deadline for submitting GSTR 7
for the month of June 2023.
GSTR-7
10.07.2023
For registered Indian e-commerce taxpayers who are
required to pay TCS, the deadline for submitting GSTR
8 for the month of June 2023 is on or before July 10th.
GSTR 8
18.07.2023 Quarterly (April-June) CMP-08