Posts in category: Uncategorized

RBI ANNOUNCEMENTS AND ITS IMPACT ON BORROWER,DEPOSITORS AND BUSINESS STAKEHOLDERS 5 THINGS TO KNOW

May 24, 2020 | Uncategorized | By CA Pankaj Kumar Mishra | 0 Comments

RBI ANNOUNCEMENTS AND ITS IMPACT ON BORROWER, DEPOSITIRS AND BUSINESSS STAKEHOLDERS 5 things to know:The Monetary Policy Committee ( MPC) of the Reserve Bank of India (RBI) in an off-cycle meeting decided to cut the repo rate by 40 basis points (bps) to 4 per cent while the reverse repo rate was reduced simultaneously to 3.35 […]

READ MORE

GST:- Due date for filing of GST Annual Returns and Reconcilitions ( GSTR9 and GSR9C) for the Finanncial Year 2018-19 Extended September 30,2020 and E-way Bill Extension.

May 8, 2020 | Uncategorized | By CA Pankaj Kumar Mishra | 0 Comments

With a View to provide relief to Business segments from the compliance burden and Goods & Services Tax (GST) assesses can breathe easy on the compliance front, The Finance Ministry has Brought in the following changes 1.Annual Returns Extended the date for filing annual return for financial year 2018-19 till September 30. In one notification, […]

READ MORE

CBDT Prescribes Two-years window to resolve Disputes Through MAP ( Mutual Agreement Procedures)

May 8, 2020 | Uncategorized | By CA Pankaj Kumar Mishra | 0 Comments

To Provide Speedy dispute resolution for investors, the Central Board of Direct Taxes (CBDT) has modified the norms for Mutual Agreement Procedures (MAP) by prescribing two years as the average time-frame for resolving cases. What is MAP?MAP is aimed at bringing in certainty via an alternative dispute resolution mechanism. It forms part of a tax […]

READ MORE

Trust Complainces As per Income Tax Act :-

October 6, 2019 | Uncategorized | By CA Pankaj Kumar Mishra | 0 Comments

1.Introdcution: Trust formed for charitable or religious purposes which are not intended to do commercial activities are allowed various benefits under the Income-Tax Act, inter-alia, exemption under section 11. The term religious purpose is not defined under the Income-Tax Act. However, Section 2(15) of the Act defines “charitable purpose” to include relief of the poor, […]

READ MORE

MCA compliance Chart

February 28, 2019 | Uncategorized | By CA Pankaj Kumar Mishra | 0 Comments

S.no Forms  Allicability and Purpose Due Date Remarks Penalty and Late Fees 1 E-form – INC-22A (Active Company Tagging Identities and Verification) Every company incorporated on or before 31st of  December, 2017 for filing particulars of the company and registered office with MCA On or before 25th April, 2019 (Notification dt. 21st February, 2019 & […]

READ MORE

Active Company Tagging Identities and Verification (Amendment In Companies Act)

February 22, 2019 | Uncategorized | By CA Pankaj Kumar Mishra | 0 Comments

URGENT(1) Every company incorporated on or before the 31st December, 2017 shall file the particulars of the company and its registered office, in e-Form ACTIVE (Active Company Tagging Identities and Verification) on or before 25.04.2019.Provided that any company which has not filed its due financial statements under section 137 or due annual returns under section […]

READ MORE

Interim Budget 2019 an Overview

February 10, 2019 | Uncategorized | By CA Pankaj Kumar Mishra | 0 Comments

The Finance Minister presented the Interim Union Budget 2019 1st Feb as the general elections are scheduled later this year. The Interim Union Budget 2019 aims to provide benefits to the middle-class taxpayers especially salary earners, pensioners, and senior citizens. Key tax and regulatory proposals of the Interim Union Budget 2019 have been summarised herein […]

READ MORE

Ineligible categories under MEIS

August 14, 2018 | Uncategorized | By CA Pankaj Kumar Mishra | 0 Comments

Ineligible categories under MEIS i.Supplies made from DTA units to SEZ units. ii.Export of imported goods covered under paragraph 2.46 of FTP; iii.Exports through trans-shipment, meaning thereby exports that are originating in third country but trans-shipped through India; Deemed Exports; v.SEZ/EOU/EHTP/BPT/FTWZ products exported through DTA units; vi.Export products which are subject to minimum export price […]

READ MORE
1 2 3 7