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Migration and Implementation of GST

Today we will discuss Migration and Implementation of GST. Things to be done before GST come in the effect. what are the task to be performed for the GST. GST Migration Inform your GSTIN / ARN/Provisional number  to all suppliers of Goods & Services. Obtain GSTIN / ARN/Provisional number of all Suppliers & Buyers. Apply for migration in all states ... Read More »

Treatment of Duty on Closing stock in GST

Today we will discuss the very important topics Treatment of Duty on Closing stock in GST for the implementation of GST. In this blog we will discuss can a unregistered dealer in excise and vat can get the credit of closing stock in hands also how much GST credit unregistered person can get. Also we will discuss on  confusion  whether to ... Read More »

RERA in Real Estate Sector

Today we will discuss very hot topics RERA in Real Estate Sector. RERA means Real estate regulation Act.In this blog we will discuss on who will be required to the RERA registration, Procedure for the RERA Registration advantage of RERA to the investor and builder and Disadvantage of  RERA to the investor and builder and Documents required for the RERA ... Read More »

Defective Return in income tax

Today we will discuss on Defective Return in income tax. Reason of defective return and how to solve it. In last 2 year many return has been termed as defective return by the income tax department while we go through the reason of defective return we find it happens mainly for the return filling through the software. there are some ... Read More »

Statement of financial transactions

Today we will discuss the Statement of financial transactions introduced by income tax act  u/s 285ba. The  Statement of financial transactions need to be prepared by the person required to be audited in the income tax act 1961 from this year, Earlier Annual information return to be prepared by the Specified entity the SFT will replace the AIR. In this blog we ... Read More »

How to upload 15G and 15H in Income tax

Today we will discuss on  how to upload Form 15G and 15H in income tax website.Step by step guide to upload the Form 15G and 15H Login to Income tax website for 15G and 15H Click on https://incometaxindiaefiling.gov.in/ Register Yourself with tax Deductor and Collector tab Mention the TAN number and password Login to the 15G and 15H accounts After ... Read More »

Job work provision in GST

TAXATION OF JOB WORK IN GST Goods removed under section 43 A Goods removed other than  section 43 A No GST payables on – Supply of material from principal to job worker or vice versa. GST payables on – Supply of material from principal to job worker or vice versa. GST payable on Job work charges NO GST payable on ... Read More »

Budget 2017 Impact on tax

Today we will discuss the impact of budget 2017 on tax. what are the changes made in the taxes in budget 2017?. In this blog, we will tell you is there any change in exemption limit in income tax or any change in service tax rate. Budget 2017 Impact on Income tax Tax benefits for individual and Hindu undivided family ... Read More »

Change in process of incorporation of Companies

Today we will discuss recent change in process of incorporation of Companies MCA has recently come out with an update on the change in process of incorporation of Companies. As a part of the MCA efforts towards promoting greater Ease of Doing Business to stakeholders, MCA has notified new version of Form SPICe (INC-32) Apply PAN and TAN with Incorporation 2017.  ... Read More »