Articles by CS Lalit Rajput

E-RUPI - The Digital Prepaid Voucher

CS Lalit Rajput 12 August 2021 at 09:44

E-RUPI is a one time contactless, cashless voucher-based mode of payment that helps users redeem the voucher without a card, digital payments app, or internet banking access.

MCA amends disclosure norms in financial statements (Schedule III)

CS Lalit Rajput 12 August 2021 at 09:43

MCA, vide notification dated 24.03.2021 has amended Schedule III to the Companies Act, 2013 effective from 01st April 2021 to mandate various disclosures by companies in their financial statements.

IEC due date extended upto 31st August 2021

CS Lalit Rajput 10 August 2021 at 08:49

Period of modification of IEC is extended for the year 2021-22 only till 31.08.2021, and no fee shall be charged on modifications carried out in IEC during the period up to 31st August 2021.

Parliament approves LLP Amendment Bill, 2021

CS Lalit Rajput 09 August 2021 at 19:12

The Limited Liability Partnership (Amendment) Bill, 2021 was passed by the Lok Sabha on 9th August 2021 and by the Rajya Sabha on 4th August 2021. Let us understand the key highlights of the Bill.

BSE Guidance Note for Companies Undergoing CIRP

CS Lalit Rajput 08 August 2021 at 10:33

Point 16 was inserted in Para A of Schedule III of LODR Regulations w.e.f. May 31, 2018, which mandated disclosures at various stages by companies undergoing CIRP.

Is the Income Tax Portal levying late fees for filing ITR despite the due date extension?

CS Lalit Rajput 08 August 2021 at 10:33

Taxpayers are complaining that the income tax portal is levying a late filing fee. Tax filers are taking the social media route and requesting the department to remove the late-filing fee from the server.

MCA Monthly Due Date Tracker - August 2021

CS Lalit Rajput 07 August 2021 at 09:23

If the due date of any form given in this article falls between 1st April 2021 to 31st July 2021, then those forms can be filed without additional fees, till 31st August 2021.

GST Monthly Due Date Tracker - August, 2021

CS Lalit Rajput 07 August 2021 at 08:54

Discussing the GST Due Date Compliance Calendar for August 2021 including GSTR-3B, GSTR-1, Non Resident Taxpayers, ISD, TDS, TCS and GST Refund Compliances.

Income Tax (CBDT) Due Date Further Extended on 3rd August 2021

CS Lalit Rajput 03 August 2021 at 21:50

CBDT has issued circular w.r.t. Extension of timelines for electronic filing of various Forms under the Income-tax Act, 1961 to provide relief to taxpayers in view of the severe pandemic and spike in COVID-19 cases.

Corporate Compliance Calendar for the m/o August, 2021

CS Lalit Rajput 03 August 2021 at 15:12

Discussing compliance requirements and important updates under the Income Tax Act, GST Act, FEMA, SEBI, Companies Act, IBBI and other statutory laws for the month of August 2021.