Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Now the government has given another relief to the homebuyers by ordering the builders to return the additional GST taken from them. The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has recently ordered this to builders community. But on the contradictory, it has ruled down the issues that the homebuyers can claim the input tax […]
First of all, it should be made clear that GSTR 3A is not a form to file returns, instead, it is a form that is sent by the government of India (GOI) as notice. GSTR 3A refers to the form in which the government sent notice to the taxpayer for not furnishing the GST returns, […]
SAG Infotech, the pioneer in making all kinds of tax solution software has brought to you the attractive annual subscription plans on its best selling tax software Gen GST for (e-filling and billing) Download free trial of Gen GST software and avail taxation services for your small businesses. The full version of the software allows […]
On the government’s order, 21 income tax officers have been compelled to retire under Fundamental Rule 56(j), as the officials incriminated of extortion and other malfeasance acts. Under Fundamental Rule 56(j), government officials can be mandatorily retired in public interest on notice of not less than three months. These officers have been forced to retire […]
The government has to put in extra efforts to achieve its tax collection targets for FY 2019-20, stated by Lok Sabha. As per the data accumulated for the first seven months of the current fiscal year, the direct tax These types of taxes are directly imposed and paid to the government of India. Example of […]
Tax officials lay a bad trip on B2C sales as a major reason behind emanation of government revenue that comes in the form of goods and services tax (GST). B2C transactions are prone to tax skipping as consumers pay in cash for products & services to the shopkeepers without generation of bills by them. To […]
According to the latest amendment in the said notification, an explanation shall be added in the Table. The explanation reflects the inclusions under the term “bus body building“. The explanation shall be entered against serial number 26, in column (3), in item (ic), in the table. The explanation reads, “For the purposes of this entry, […]
Mentioned in Circular 126 quoted on 22 Nov 2019, under GST surveillance, the individual who is an unregistered individual will have to pay the tax with 18% GST rate on goods manufactured under his name. Not only textile but other sectors such as jewellery, footwear, eatables, clay bricks, etc. come under the ambit of the […]
Sign of Relief for Bharti Airtel, Vodafone and Idea – The Department of Telecommunications will turn out the Goods & Services Tax Council through the Finance Ministry for the pending (ITC) Input Tax Credit As the deadline for filing GST returns under the new, revised mechanism is approaching, many taxpayers are still confused regarding the […]
