Lottery Ticket under GST wef 01-03-2020
CBIC recently issued a Notification No. 01/2020-Central Tax (Rate) dated 21.02.2020 (Effective from 01.03.2020). Single rate of GST @ 28%...
TDS on E-commerce transaction u/s 194-O
Section: -194-O (TDS on certain sums by e-commerce operator to e-commerce participants) Analysis:- Deductor/ Payer: - E-commerce operator e.g. Amazon,...
Taxability of Dividend Income from Domestic companies as per Finance Bill 2020
In Finance Bill, 2020 (Bill), one of the biggest move of the government was the abolishment of the Dividend distribution...
New Tax Rate For A.Y. 2021-22
New section 115BAC has been introduced in the Act which has provided an option to Individual/HUF to opt for the...
Due date filling of GSTR-9 & GSTR-9C is extend in Group wise
The CBIC has been extend the due date filling of GSTR-9 & GSTR-9C in group wise. Read the following tweet...
Form ‘SPICe+’ introduced by MCA to incorporation of New Company
MCA to issue new SPICe+ Web based forms for incorporation of the Company from the month of February 2020. The...
GSTR-3B Return Due Date Amended
Import announcement made by Ministry of Finance regarding the due dates for Filling of GSTR-3B return. The due date of...
Record 1-Year Jail given for TDS deposit delay
Section 276B is draconian provision under the Income Tax Act. Default for non deposit of TDS can send defaulters into...
Outdoor Catering Under GST
Outdoor catering Outdoor catering ‟means supply, by way of or as part of any service, of goods, being food or any...