Which ITR Form to File for Income Tax Return (A.Y.2019-20) Individual and HUF Nature of Income ITR-1* (Sahaj) ITR-2 ITR-3 ITR-4* Salary Income Income from salary/pension (for ordinarily resident person) √ √ √ √ Income from salary/pension (for not ordinarily resident and non-resident person) √ √ Any individual who is a Director in any company … Read more
Filing online income tax return has placed the assessee in a very comfortable zone where he can take care of his legal obligations through electronic form. However, there are certain additional credentials that should be fulfilled physically along with electronic filing. Update: e-verify income tax return if you don’t want to send ITR-V to CVC What … Read more
PRECAUTIONS TO BE TAKEN AT THE TIME OF FILING OF INCOME TAX RETURN TO ENSURE CORRECT AND TIMELY PROCESSING OF RETURNS #1 Keep monitoring Form 26AS online over TRACES on periodic intervals for early trapping of the inconsistencies therein, if any due to fault of deductor. #2 Follow the procedural guidelines prescribed by Rule 37BA, … Read more
Every person who has the following income need to file income tax return. Income tax return filing is a very easy process. We will cover whole procedure to file income tax return online or offline in another article. In this article we will cover the subject who need to file income tax return. You can … Read more
To view e-Filed Returns/ Forms, please follow the below steps: Step 1 : Login to e-Filing website with User ID, Password, Date of Birth /Date of Incorporation and Captcha. Visit Here -> https://incometaxindiaefiling.gov.in/e-Filing/UserLogin/LoginHome.html Step 2 : Go to My Account and click on “e-Filed Returns/Forms”. Step 3: All the Returns/Forms e-Filed are displayed. The following details … Read more
How do I apply for enrolment as a GST Practitioner? What are the steps involved in applying for Registration as a GST Practitioner (GSTP) on the GST Portal? 1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed. 2. Click the REGISTER NOW link. Alternatively, you can also click Services > Registration > New … Read more
Central Board of Indirect Taxes & Custom has published a press release on clarification on filing of Annual Return (Form GSTR-9). As you all know that the last date to file GSTR-9 is 30th June 2019 but there are lots of confusion to prepare and filing GSTR-9. So to clear all the confusion regarding GSTR-9, … Read more
Central Board of Direct Taxes (CBDT) has extended the last date to file Form 24Q (Salary TDS Return) for 4th quarter of F.Y.2018-19. The due date has extended up to 30th June 2019 from 31st May 2019. The due date has also extenedfor issue of salary TDS Certificate (Form 16) from 15th June 2019 to … Read more
1. What is Form GSTR-9? Form GSTR-9 is an annual return to be filed once, for each financial year, by the registered taxpayers who were regular taxpayers, including SEZ units and SEZ developers. The taxpayers are required to furnish details of purchases, sales, input tax credit or refund claimed or demand created etc in this … Read more
How can I prepare and file Form GSTR-9 return? Form GSTR-9 is an annual return to be filed once, for each financial year, by the registered taxpayers who were regular taxpayers, including SEZ units and SEZ developers. The taxpayers are required to furnish details of purchases, sales, input tax credit or refund claimed or demand … Read more
1. My account was debited more than once for the same online transaction. How can I get the debit reversed? If the sum of both transactions is reflecting in the Electronic Cash Ledger, please contact the Help Desk using the contact numbers/e-mail IDs given on the GST Portal. In case only the original transaction amount … Read more
How can I cancel the OTC Challan after logging to the GST Portal? To cancel the OTC Challan after logging to the GST Portal, perform the following steps: 1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed. 2. Login to the GST Portal with valid credentials. 3. Click the Services > Payments > … Read more
1. How can a taxpayer can get information regarding the status of payment/s made? Taxpayers will be intimated regarding the payment status by SMS, E-mail and the same will also be updated on the GST Portal. In the pre-login mode, taxpayers can track their payments using the Track Payment Status facility on the GST portal … Read more
Q1. Can I withdraw from the Composition Levy? Yes, you can withdraw from the Composition Levy at any time of the financial year for the following reasons: Voluntary withdrawal Exceeding Threshold Limit as specified in Section 10 of the CGST Act Supplying restaurant services other than as specified under clause (b) of para 6 of … Read more
How can I view the cause list on the GST Portal? To view the cause list of appeal applications on the GST Portal, perform following steps: 1. Access the www.gst.gov.in URL. The GST Home page is displayed. 2. Navigate to Services > User Services > Cause List Note: You can access Cause List without logging to the GST Portal … Read more
How can I view my saved applications? To view the saved applications, perform the following steps: 1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed. 2. Click the REGISTER NOW link. 3. Select the Temporary Reference Number (TRN) option. 4. In the Temporary Reference Number (TRN) field, enter the TRN received. 5. Click … Read more
1. FAQs on FORM GST ITC-03 Offline Utility Q1. What are the features of FORM GST ITC-03 Offline Utility? The Key Features of FORM GST ITC-03 Offline Utility are: The ITC-03 details can be prepared offline with no connection to Internet. Most of the data entry and business validations are in-built in the offline tool … Read more
To view and download the accounting and billing software on the GST Portal, perform following steps: 1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed. 2. Login to the GST Portal with valid credentials. 3. Click the Downloads > Accounting and Billing Software option. 4. A confirmation message is displayed. Click YES, if … Read more
1. FAQs on GSTR-11 Offline Tool Q1. What is form GSTR-11? GSTR-11 is to be filed by persons who have obtained Registration or assigned a Unique Identity Number (UIN). It is a statement of inward supply of goods or services or both. Q2. When to file GSTR-11? UIN holder can claim refund on inward supplies … Read more
As you already know that GST Council has decided to provide free Billing and Accounting software for taxpayers. You can download the free software after login to your account on GST portal. But there is some confusion amongst dealer about downloading and using accounting software. So GST officials have published the FAQ related to downloading, … Read more