35th GST Council Meeting Highlights

35th GST Council Meeting Highlights 1. GST Annual Return due date extended till from 30th June to 31st August 2019 for FY 2017-18 2. Aadhar-enabled GST Registration introduced 3. NAA tenure extended by 2 years 4. 10% penalty to apply for any delay in depositing profiteered amount 5. E-invoicing to apply to start from January … Read more

Press Release for Clarification on GSTR-9 & GSTR-9C Dt 17-06-2019

GSTN has clarified some issue on GSTR-9 and GSTR-9C through its new press release dated 15th June 2018. There are lots of confusion to file GSTR-9 and GSTR-9C regarding ITC mismatches, auto population of ITC, aggregate turnover and more. So GSTN has clarified all these things in the press release. Here is the text of … Read more

How to Download Free GST Accounting Billing Software from GST Portal?

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

CBIC Press Release About New GST Return System

CBIC Press Release dt. 11 June 2019 1. The GST Council in its 31st meeting decided that a new GST return system will be introduced to facilitate taxpayers. In order to ease transition to the new return system, a transition plan has been worked out. The details of the indicative transition plan are as follows:- … Read more

NACIN GST Weekly Updates – PDF Newsletter from GST Officials

Here is the complete list of GST weekly updates by NACIN. Dated Download 01-06-2019 Download 18-05-2019 Download 11-05-2019 Download 04-05-2019 Download 27-04-2019 Download 20-04-2019 Download 06-04-2019 Download 30-03-2019 Download 23-03-2019 Download 09-03-2019 Download 23-02-2019 Download 09-02-2019 Download 02-02-2019 Download 26-01-2019 Download 19-01-2019 Download 12-01-2019 Download 05-01-2019 Download 29-12-2018 Download 22-12-2018 Download 15-12-2018 Download 08-12-2018 Download … Read more

Free Income Tax Ready Reckoner A.Y.2019-20

Most of our regular subscriber asking for ready reckoner for A.Y.2019-20  in PDF format. Here we are providing you the tax ready reckoner. You can click to the particular link to know more about rates and details. You can also download in PDF format also. Income Tax Rates – Individuals Income Tax Rates – Partnership … Read more

Which ITR Form to File for A.Y.2019-20?

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

Why, How and Where to Send ITR V Acknowledgement?

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

14 Precautions While Filing Income Tax Return for A.Y.2019-20

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

Who is Required to File Income Tax Return?

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

How to View All e-Filed Income Tax Return – Step by Step with Pictures

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

CBDT Extends Due Date of Salary TDS Return (Form 24Q & Form 16)

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

Learn To Prepare & FILE GSTR 9 Like A Professional (With Images)

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

How Can I Cancel OTC Challan After Logging to GST Portal?

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

How to View Cause List on GST Portal?

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

Complete Guide to Prepare GST ITC-03 with Offline Utility

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

How to Download Free Accounting Software from GST Portal?

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

FAQs Download & Using Free Accounting and Billing Software by GST Portal

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