Should you Invest in Real Estate?
RBI has released a discussion paper on the 12th June 2020, on 'Governance in Commercial Banks in India' for public comments.
40th GST Council Meeting was chaired by FM. Late fees on GSTR-3B for taxpayers with nil tax liability waived off
40th GST Council Meeting. Late Fee for non-furnishing FORM GSTR 3B for the tax period July, 2017 to January, 2020 has been waived
After a few contradictory judgments CBIC Clarifies that Salaries paid to company directors not to attract GST
As per S.No 6 of the said notification, a company or a body corporate located in the taxable territory is liable to pay GST on RCM basis on services received from its directors.
CBIC has introduced NIL filing of Form GSTR 3B vide Notification No 44/2020 - Central Tax dated 8th June, 20. Rule 67A of the CGST Rules, 2017 has been notified for giving effect to this change.
PAN holds extreme importance in India, not only for Income Tax purposes but also as a proof of identity. Know how to make PAN Card Correction online/Offline on NSDL website.
As on the 12th June 2020, almost after two months of lockdown due to Covid-19, the GST Council is now planning to hold its 40th GST Council meeting.
Reading of a judgment is an art, no doubt about this. Since we all are in the profession for decades and appearing before the various forums including the assessing authorities. But, the purpose of placing a judgment given by a court has not been properly met with.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English