Due Dates for the month of January 2018

Due Dates for the month of January 2018 Particulars Date Income Tax Due date for deposit of Tax deducted/collected for the month of December, 2017. 7th January 2018 GSTR-1 by registered person with aggregate turnover up to 1.50 crores for July to September 2017. 10th January 2018 GSTR-1 by registered person with aggregate turnover more than 1.50 crores for July to November 2017. 10th January 2018 Income Tax Due date for issue of TDS Certificate for tax deducted u/s 194-IA in the month of November, 2017 14th January 2018 Income…

Read More

Section 194LA of Income Tax Act

Section 194LA

Under section 194LA of the income tax act, any person liable for paying to a resident any sum; being in the nature of compensation or the consideration ;or the enhanced compensation or the enhanced consideration on account of compulsory acquisition; under any law for the time being in force, of any immovable property (other than agricultural land); shall, at the time of payment of such sum in cash or by issue of a cheque or draft or by any other mode; whichever is earlier, deduct an amount equal to 10%…

Read More

GST News : Now You Can File a Case Against Restaurant

GST News

The government has already slashed the GST rates ( GST News )of 178 products, but entities are finding some ambiguous ways of not passing on this benefit to the customers. It has come to notice that some restaurants have increased their base prices post the reduction in GST rates. Restaurants such as McDonald’s and Starbucks have got inquired from tax authorities asking details about menu prices before & after the latest decline in prices. GST News : Now You Can File a Case Against Restaurant GST News : Complain Against…

Read More

Different Types and GST forms and their Details

GST forms

General deals assess (GST) is a duty forced on the esteem or the increase added to imports and different products and ventures provided by one business to another or to definite clients. General deals assess is computed and charged on exchanges in the creation and conveyance chain yet the purchaser pays General deals to impose just on the last offering cost. In any case, In this article, we will inspect the distinctive sort of GST forms. To get some answers concerning the purposes of enthusiasm of each GST Forms. GST…

Read More