CAclubindia Articles

Concept of Missing Invoice under New GST Returns

Member (Account Deleted) 24 April 2020 at 10:30

Can recipient take credit of invoice not uploaded by supplier in his GST Return. The answer to the said question is given in this article.

Section 271AAD: Fair Interpretation and applicability

Hemant Kumar Gupta 24 April 2020 at 10:30

Section 271AAD is for a penalty on false entry, etc. in books of account.Under the Head "H. PREVENTING TAX ABUSE", explanation and need for insertion of Section 271AAD have been given.

PF| New PPF rules

FCA surbhi jain 24 April 2020 at 10:30

Due to lockdown, the government has relaxed a few rules on PPF and small saving schemes like 5 year National saving certificate, Kisan Vikas Patra, Sukanya Samridhi Yojana, etc.

All about Form GST PMT-09

CA MD ZAHID AKHTER 24 April 2020 at 10:30

Now form GST PMT-09 is available on the Common Portal, which enables a registered person to transfer any amount of tax, interest, penalty, fee, etc. available in electronic cash ledger, to the appropriate tax or cess head.

Form 26AS How to view and download on TRACES Portal?

CCI Team 23 April 2020 at 18:02

Form 26AS is a tax credit statement maintained by the Department of Income Tax. Form 26AS can viewed and downloaded on the TRACES Portal

GST PMT - 09 and filing GSTR-3B

Rohit Kumar Singh 23 April 2020 at 15:47

Recently GSTN portal has rolled out certain changes on GSTN portal for taxpayers. Important changes being Facility for filing GST PMT - 09 and Facility for filing GSTR 3B Return

Amendment to TDS Provisions in Income Tax Act

Jigar Rajendrabhai Mansatta 23 April 2020 at 10:49

The Finance Act 2020 has made various amendments to the TDS Provisions. TDS Section 194O has been introduced in the Income Tax Act through Finance Act 2020.

GST Update on PMT-09 facility

Pradeep Jain 23 April 2020 at 10:48

If a taxpayer has wrongly paid IGST instead of CGST, he can now rectify the same using Form PMT-09 by reallocating the amount from the IGST head to the CGST head.

MCA Extends timeline for Name Reservation / Re-submission for Companies & LLP's

CS Lalit Rajput 23 April 2020 at 10:48

MCA Extends timeline for Name Reservation / Re-submission for Companies & LLP's

Revised FAQs on Vivad se Vishwas Act, 2020

Suhasini 23 April 2020 at 10:48

The Central Board of Direct Taxes(CBDT) issued a further clarification on the Vivad se Vishwas Act 2020. The 55 FAQs on the Vivad se Vishwas Act have been modified.