Day: October 9, 2020

Annual Return (GSTR-9)and Reconciliation Statement (GSTR 9C) for FY 2018-19 clarification.

230 ViewsAnnual Return (GSTR-9)and Reconciliation Statement (GSTR 9C) for FY 2018-19 clarification. Ministry of Finance Annual Return (GSTR-9)and Reconciliation Statement (GSTR 9C) for FY 2018-19 Vide notification No. 69/2020 – Central Tax, dated 30.09.2020, the due date for furnishing of the Annual Return for the FY 2018-19 has been extended till 31.10.2020. Certain representations have …

Annual Return (GSTR-9)and Reconciliation Statement (GSTR 9C) for FY 2018-19 clarification. Read More »

Special provision for computing profits and gains in connection with the business of exploration, etc., of mineral oils

92 ViewsSpecial provision for computing profits and gains in connection with the business of exploration, etc., of mineral oils Section – 44BB, Income-tax Act, 1961 44BB. (1) Notwithstanding anything to the contrary contained in sections 28 to 41 and sections 43 and 43A, in the case of an assessee, being a non-resident, engaged in the business of providing services or facilities in connection …

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Special provisions for computing profits and gains of retail business.

130 ViewsSpecial provisions for computing profits and gains of retail business. Section – 44AF, Income-tax Act, 1961 44AF. (1) Notwithstanding anything to the contrary contained in sections 28 to 43C, in the case of an assessee engaged in retail trade in any goods or merchandise, a sum equal to five per cent of the total turnover in the previous …

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Special provision for computing profits and gains of business of plying, hiring or leasing goods carriages.

127 ViewsSpecial provision for computing profits and gains of business of plying, hiring or leasing goods carriages Section – 44AE, Income-tax Act, 1961 44AE. (1) Notwithstanding anything to the contrary contained in sections 28 to 43C, in the case of an assessee, who owns not more than ten goods carriages at any time during the previous year and who …

Special provision for computing profits and gains of business of plying, hiring or leasing goods carriages. Read More »

Revised Press Release with reference to Press Release issued on 5.10.2020 for Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.77% GS 2030’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2033’, and Auction for Sale (Re-issue) of ‘ 6.80% GS 2060’

153 ViewsRevised Press Release with reference to Press Release issued on 5.10.2020 for Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.77% GS 2030’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2033’, and Auction for Sale (Re-issue) of ‘ 6.80% GS 2060’ Ministry of Finance The Government of …

Revised Press Release with reference to Press Release issued on 5.10.2020 for Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.77% GS 2030’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2033’, and Auction for Sale (Re-issue) of ‘ 6.80% GS 2060’ Read More »

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