Get rewards from the government for paying tax The government is looking to put in place an incentive programme to rewards and recognize honest taxpayers to encourage a culture of compliance. A committee has been set up under Central Board of Direct Taxes (CBDT) to draw up the scheme.
After Surrender GST number Which return to file ? Have you surrendered GST number or, has your GST registration been cancelled and do you think you are free from filling GST return after doing so?
Is extension of due dates – A tool of politics in India As an Consultants in the industry, I realize that the main reason of extension of due dates of filing of tax returns in every year is due to Interest of Balance tax paid under Section 234A which is tax paid by the due […]
Error rectification in GSTR1 September return – Critical compliance for 2017-18 It has been a year since the rollout of GST in India. Time has come for taking stock of transaction undertaken during the period July 2017 to March 2018 and take corrective action for mistakes/omissions in GSTR1 that may have crept during the said […]
Tax Benefits related to rent paid,PPF and National Pension System Tax benefits in respect of rent paid Section 10(13A) of the Income Tax Act provides for Tax Benefits to a salaried person in respect of rent paid for a rented accommodation occupied by him if he is in receipt of House Rent Allowance (HRA) called […]