UPDATE REGARDING STK-2 FORM (REMOVAL OF NAME FROM REGISTER OF COMPANIES)
UPDATE REGARDING STK-2 FORM The Ministry of Corporate Affairs is launching STK-2 form on 01st May 2023 at 12:00 AM. To facilitate implementation of this form in Version 3 MCA21 portal, stakeholders are advised to note the following points: (1) STK-2 form on Version 2 portal will be disabled from 28th April 11:59 PM to […]
Compliance calendar for April 2023
Compliance calendar for the month April 2023 Time to file Period Compliance 01.04.2023 Onwards every company to fulfil the requirement of an audit trail in their Accounting Software. 07.04.2023 March 2023 Due Date for Deposit of TDS by Government office. (With Challan) 10.04.2023 March 2023 Monthly filing of GSTR-7 – By Tax Diductors. […]
GSTR-8 TCS RETURN
A TCS (tax collected at source) deduction form is the GSTR-8. Every month, e-commerce businesses that are GST-registered must submit a GSTR-8 return. The information on supplies made through e-commerce platforms (to both registered and unregistered clients) and the TCS amount collected with regard to those supplies are all contained in this form. The document […]
GSTR-7 TDS RETURN
Tax deducted at source is referred to as TDS. The Income Tax Act’s concept and that of the Goods and Service Tax are comparable. When a payment exceeds a predetermined threshold, individuals or industries are required to deduct tax at source from the transaction. The Tax deducted at Source (TDS) under GST is the main […]
GSTR-6 Return of Input Service Distributor
You must submit your GSTR-6 return by the deadline if you are an Input Service Distributor (“ISD”) registered for GST. The GSTR 6 form contains all the information about your purchase invoices, and the majority of the data is automatically filled in. It is significant to remember that ISD registration is distinct from regular GST […]
GSTR-5 Return of Non-resident taxable person
Who Must Submit GSTR-5? Non-resident taxable suppliers must submit the GSTR-5 form, as was previously stated. A person might be considered a non-resident taxable person if they periodically provide products or services in India but do not have a permanent business location there. Such a taxpaying individual should not maintain a fixed place of employment […]
GSTR-4 ANNUAL RETURN OF COMPOSITE DEALER
The GSTR-4 return is one that Composition Scheme electors are required to submit annually. The return was filed every quarter prior to the FY 2018–19, when CMP–08 took its place. Describe GSTR-4. The GST Return GSTR-4 is something that a composition dealer is required to submit. Unlike a regular taxpayer, who must submit three monthly […]
GSTR-3B Self Declaration
GSTR-3B is a crucial form that must be submitted each month, much as other GST return forms. More specifically, the GSTR-3B is only a self-declaration form that serves as a comprehensive overview of all the inbound and outbound supplies your company used within a given month. What exactly is GSTR 3B? GSTR 3B is the […]
GSTR-1 OUTWARD SUPPLY RETURN
Every registered dealer in India is required to submit GSTR-1 on a monthly or quarterly basis. The GSTR-01 return includes information on outbound supply. The deadlines for filing GSTR-1 change depending on your turnover. Businesses with a combined annual turnover of more than Rs. 5 crores are required to submit the GSTR-1 return on a […]
THREE THINGS TO DO BEFORE 31st MARCH 2023
THREE THINGS TO DO BEFORE 31st MARCH 2023 Mutual Fund units to be frozen if investors do not update their nominees by 31st March. Tax exemption benefit on insurance with premium above 5 lakh rupees, taken away. If you are holding Aadhaar card for more than 10 years, then you have to update the card […]
