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Search results for: tax refund

Best TDS Return Filing Software

Best TDS Software for CAs and Professionals in India

In this article, we have listed the best TDS software in India according to the reviews and ratings by professionals. This software can reduce the tax burden of Indian CAs (Chartered Accountants) and professionals along with error-less preparation of TDS compliance. List of Top TDS Return Filing Software for CA and Professionals As mentioned in […]

SCN Timeline for Annual Return U/S 44

GST Show Cause Notice Arriving Due to Annual Returns

The due date to furnish the yearly return beneath section 44 of the Central Goods and Services Tax Act, 2017 (CGST Act, 2017), towards the FY 2017-18, 2018-19 & 2019-20 provided as: Sr. No. Period “Last date to file Annual Return” 1 2017-18 “05th & 7th February 2020 (Notification No. 06/2020-Central Tax, dated 03.02.2020)” 2 […]

How to Generate Tax Return XML File on New 2.0 Portal?

Full Process to Generate XML File of Your ITR on New Portal

ITR can be furnished in two ways: online and offline. In the traditional method, you can enter and submit all the important information on an online form. Through the earlier means, one needs to download the subject income tax utility in Excel or JSON format, fill out the form, save the changes, generate an XML […]

What are Electronic Cash, Credit, Liability, Negative Liability Ledger

GST Guide of Electronic Cash, Credit, Liability & Negative Liability Register

Towards GST the e-Ledger is an electronic form of passbook. These e-ledgers are present to all kinds of GST registrants upon the GST portal. The e-ledgers includes the information of the mentioned particulars: GST Amount deposited in cash towards the government liability in electronic cash ledger. Input Tax Credit available (ITC) balance in the electronic […]

GST Applicable on Salary, PF and ESI

Telangana AAR: GST Levy on Salary, PF and ESI Paid by Hospital

The Telangana Authority of Advance Ruling (AAR) held that GST is exigible upon EPF, ESI, Salary, or Wages reimbursed via Hospital. The petitioner, Bhagyalakhsmi Devamma Vangimallu who is the owner of Versatile Resource Solutions has entered into a contract with M/s. Asian Institute of Gastroenterology Private Limited, Somajiguda, Hyderabad for furnishing the housekeeping services. According […]

CBDT PR for Total Number of ITRs Till 13th Oct

CBDT Resolves Technical Issues with Over 2 Crore Returns

The issues which negatively influence the e-filing portal of the income tax department are now solved and the performance of the portal is now stable, the Central Board of Direct Taxes pointed out. The portal has a receipt with an additional 2 cr ITR dated 13th Oct commented by CBDT. The revised portal i.e www.incometax.gov.in […]

What Happen If You Do Not File GSTR 3B within Due Date?

Must-know Ramifications If Not Done GSTR 3B Filing on Time

GSTR 3B is the return that needs to be furnished through the regular GST taxpayers. It consists of the summary information of the outward supplies built and the information of the ITC. The last date for furnishing the GSTR 3B next month is date 20 but the government can prolong the last date. What is […]

Orissa HC Rule for GST Deposits by Cash Ledger

Orissa HC Favors Cash Ledger for Depositing GST Dispute Appeals

The Orissa high court has notified that deposits needed to be proffered for appealing in a debate under the goods and services tax (GST) has to be refunded via cash ledger only. Professionals say that this could influence that business that has massive input tax credit sprawling unused. The order was notified in a case […]

Railway Supplier Association GST Issue

Railway Supplier Association Against Increased GST Rate

The Railway Suppliers Association has told the Union government to examine the GST rate on all railway products. As the prior order dated September 30, 2021, the ministry of Finance had raised the rate to 18% from 12%. S.Surulivel, president of the Association, said in a press release that the hike was at the “most […]

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