Articles by CA Ashutosh Khaitan

Amnesty Scheme: GSTR-4 Annual

CA Ashutosh Khaitan 13 May 2023 at 08:57

Form GSTR-4 (Annual) is annual return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act.

Amnesty Scheme: GSTR-4 [Quarterly]

CA Ashutosh Khaitan 12 May 2023 at 09:02

Form GSTR-4 is a return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act for every quarter. This form was applicable from July-Sep 2017 till Jan-Mar 2019 and filed on quarterly frequency.

Amnesty Scheme: GSTR-9

CA Ashutosh Khaitan 11 May 2023 at 09:11

Form GSTR-9 is Annual return that is required to be filed by Regular taxpayers [Including SEZ unit/SEZ developer for each financial year. The purpose of this return is to provide details of all purchases, sales, Input tax credit, payments, demands, refunds made during the complete financial year.

Amnesty Scheme: GSTR-10

CA Ashutosh Khaitan 10 May 2023 at 09:01

Form GSTR-10 is final return which is required to be filed by Regular taxpayers [Including SEZ unit/SEZ developer whose GST registration has been cancelled.

Surplus on sale of shares and securities- Capital Gains or Business Income

CA Ashutosh Khaitan 05 March 2016 at 11:37

Issue of taxability of surplus on sale of shares and securities � Capital Gains or Business Income � Instructions in order to reduce litigation � reg.1. Sub-section (14) of Section 2 of the Income-tax Act, 1961 (�Act�) d

Sovereign Gold Bond Scheme 2015 - FAQs

CA Ashutosh Khaitan 13 November 2015 at 10:46

The Government of India receently introduced three schemes related to Gold, there is a lot of confusion in the people regarding these schemes, here is a list of FAQs related to one of those scheme i.e. Sovereign Gold Bond.1. What is Sovereign Gold Bo

Can we really compare a CA with MBA?

CA Ashutosh Khaitan 28 August 2015 at 10:34

There is often a discussion as to who is superior, a CA or a MBA. There are certain facts after that one will be able to identify as both are so different, that one can't really compare between the two :- A CA is a course that one do just afte

Decreasing crude oil prices but increasing excise duty

CA Ashutosh Khaitan 08 January 2015 at 11:53

India is one of the largest importers of Crude Oil as it imports roughlyaround 80% of its total requirements. The recent fall of almost 45% in thecrude prices from at its peak of $115/Barrel in June 2014 to $57/Barrel inJanuary 15 has been a blessing