Determination of Time of Supply of Goods The liability to pay tax arises at the Time of Supply of Goods, time of supply is determined as per the below provisions: Time of Supply of Goods shall be earlier of the following dates: Date of Invoice – Invoice should be issued either before or at the […]
Save tax by Creating a HUF? However, if the Income Tax Act, 1961 provides legal opportunities to save Income tax, it will not be prudent if you are not taking benefits of such HUF provisions.If you are a born Hindu or a Sikh or a Buddhist or a Jain,
Latest Change In GSTR-3B as Government simplifies filing The government on came out with a simplified version of GSTR-3B , making it more user-friendly indications that it may possibly be used even beyond March 31. following key changes in the process of filing GSTR-3B.
Non-Filing of the Income Tax Return – Consequences 31st March’ 2018: The last date for Income Tax return u/s 139(4) for Financial Year 2015-2016 & 2016-2017. Many people have a query that what will happen if we do not file the Income Tax Return by the aforementioned deadline. There are many benefits of filing the […]
GST on cryptocurrency transactions The objective of this article is to keep it short and sweet. This is solely based on my understanding of GST legislation. If you differ with me for any reason, please let me know the reasons. Since the topic is debatable, multiple viewpoints are possible.