The Central Government vide various notifications dated 24th June has made the following reliefs to taxpayers regarding waiver of interest and late fee and extension of due dates: Waiver of interest & late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to July, 2020 Extension of […]
The Ministry of micro, small and medium enterprises vide its notification dated 26th June, 2020 has notified certain criteria for classifying the enterprise as micro, small and medium enterprises and specified the form and procedure for filing the memorandum, for both new and existing, with effect from 1st July, 2020.1. All […]
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In view of ongoing crisis of COVID-19 spread, Honorable Finance Minister of India, Ms. Nirmala Sitharaman made some announcements related to compliance matters with respect to Income tax, GST and Companies Act. Please click the link for details: FM Announcements_COVID-19_24th March
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Compliance Calendar for the month of March’2020 Due Date Statute/Law Detailed Description of Compliance Reporting period Forms / returns Applicable to 1st March Companies Act File Annual return with MCA FY ending 31st March’19 MGT-7 Companies closing their first FY on 31st March’19 7th Mar 2020 Income Tax Act Deposit of Tax […]
The corporate world today is so dynamic that the leaders are expected to take key decision within fraction of time to sustain the fast pace markets. While, quick decision making is vital for success, the hurry in making the decisions without referring to relevant and important data points may prove fatal. […]