Extended due date for furnishing Annual Return in GSTR-9 and 9C “After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR–9 and 9C for 2018-2019 from 30st Sep.2020 to 31st.Oct.2020,” said a tweet from @cbic_india. Subscription GST E-Magazine GST E-Magazine (LTG Publication Pvt Ltd) is a monthly […]
Eligible Business under section 44AD The presumptive taxation scheme of section 44AD of income tax Act 1961 can be adopted by following persons: Resident Individual Resident Hindu Undivided Family (HUF) Resident Partnership Firm (not LLP (Limited Liability Partnership Firm) Section 44ADA of Income Tax Act for AY 2018-19 {Section 44AD in Hindi} In other words, […]
Marine Insurance Insurance law is a popular word for the general public. Insurance law is regulation of the business of insurance, insurance policies, claim handling and especially with regard to consumer policies. Marine insurance is a type of insurance. It is the basic law relating to Marine insurance. it was used for all purposes related […]
Provision for GST registration.-Section 25 of CGST Act Every person/trader who is liable to be registered under section 22 or section 24 of CGST Act shall apply for GST registration in every such State or Union territory in which he is so liable within Persons/Trader not liable for registration. Compulsory GST registration in certain cases. […]
Who is covered by tax audit ? FAQ deals with Income Tax Audit Provisions in India. As per section 44AB, following persons are compulsorily required to get their accounts audited:- A person carrying on business, if his Gross/total sales, turnover or gross receipts (as the case may be) in business for the year exceed or […]
