The below are the various Statutory Obligations for the month of December 2023.Please ensure to comply with the obligations to avoid Interest / Penalty Sl. No Nature of Statutory Obligation Statute Due Date Link 1 Due Date for Payment of TDS for the month of November 2023 Income-Tax 07th Dec 2023 Link for Payment of …
Statutory Obligations for the month of December 2023 Read More »
Follow the below mentioned procedures to make Self Assessment Tax payment for FY 2022-23 (AY 2023-24) 1. Go to the Below Link – https://www.incometax.gov.in/iec/foportal/ 2. Click e-Pay Tax 3. Provide Pan/Tan and Mobile Number 4. Enter the received OTP 5. Click Proceed under Income Tax 6. Provide your Pan/Tan and Name 7. Select 2023-24 under Assessment Year & Self Assessment …
How to make Income tax payment online for AY 2023-24 (FY 2022-23) Read More »
The CBIC has reduced the E invoice limit for business from the existing 10 Crores to 5 Crores. This is w.e.f. 01st Aug 2023. Accordingly, if the turnover of the business has exceeded more than 5 Crores in any of the Financial years starting 2017-18, E invoicing will be applicable w.e.f. 01st Aug 2023. The …
E Invoicing Limit reduced to 5 Crores w.e.f 01st Aug 2023 Read More »
Survey and Search as per Income tax act are different. There are differences between Survey & Search. Please find the differences here
Whether e way bill is required for goods sent for weighment to the weighbridge
Every company registered under the Companies Act, 2013 has to conduct its AGM every year. The due date for the same normally falls on or before 30th September for most of the Companies. Due to various representations received from the stakeholders, the Ministry of Corporate affairs has extended the time of holding Annual General Meetings …
Extension of time for conduct of AGM by Companies extended Read More »
Paying electricity Bills more than 1 Lakh? Ensure you file your Income tax returns
As per Section 16(2) Second & Third Proviso of CGST Act,2017 , if a Tax payer fails to pay the supplier of goods or services or both, within 180 days from the date of Invoice, the amount equivalent to the Input tax Credit (ITC) availed by the recipient shall be added to the output liability …
Input Tax Credit (ITC) Reversal for Non Payment to your suppliers Read More »
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