Articles by jaskamal singh

Availment of ITC on Corporate Social Responsibility (CSR)

jaskamal singh 17 August 2021 at 08:54

CSR shall not be treated as a gift or free supply. ITC on CSR should be availed since the same can be treated as incurred in the course and furtherance of Business.

GST Year End Activities

jaskamal singh 14 August 2021 at 09:09

For Finance professionals in India, FY ends on 31st March, but for people working in GST, it ends on 30th September. Discussing some points that must be noted regarding the year end activities of GST.

Key Features of New Monthly Returns under GST

jaskamal singh 04 August 2018 at 12:53

It's a compulsory return for large tax payer( I.e. turnover more than 5cr),this facility would be optional

Important note for GST on Canteen Services

jaskamal singh 04 August 2018 at 12:53

Whether reimbursement of food expenses from employees for the canteen provided by company comes under the definition of outward supplies as taxable under GSTAct..