General

Are you liable to pay Advance Tax? Check this out….

Payment of Income-tax as Advance tax is an obligation to be met by the Tax payers. Are you liable to pay Advance tax? Are there any exemptions? When should these advance tax payments be made? Find answers for all your queries here. Read on…. When does the question of Advance tax arise? If your total …

Are you liable to pay Advance Tax? Check this out…. Read More »

Filing your income taxes on time can actually help you save money. Find out how..

As per provisions of Income-tax Act,1961 every assessee shall file his return of Income on or before the due dates for filing the returns. The deadline for filing Income-tax returns for the Financial year 2020-21 (Assessment Year 2021-22) is as follows :- Type of the Assessee Due date for filing Assessees whose accounts are not …

Filing your income taxes on time can actually help you save money. Find out how.. Read More »

Government extends timelines of certain compliances in light of the severe pandemic

In  view  of  the  adverse circumstances arising due to the severe Covid-19  pandemic  and also in view of the several requests  received  from  taxpayers,  tax  consultants  &  other  stakeholders from across the country, requesting that  various  compliance  dates may  be  relaxed,  the  Government  has  extended  certain timelines today.             In the light of multiple representations …

Government extends timelines of certain compliances in light of the severe pandemic Read More »

GST – MSME Sector

The Government of India has released a publication containing various provisions and benefits provided under GST regime to MSME sector. The same can be downloaded in the below link :-     [gview file=”http://bssridhar.com/blog/wp-content/uploads/2019/07/GST_MSMEs_Booklet_01072019.pdf”]   Source :- www.cbic.gov.in