How to File ITR in India
To file your income tax return (ITR) in India, you can follow these general steps: Gather Required Documents: Collect all the necessary documents, such as Form 16 (provided by your employer), TDS certificates, bank statements, investment proofs, and other supporting documents related to your income, deductions, and investments. Choose the Correct ITR Form: Identify the […]
General Circular no. 06/2023
General Circular no. 06/2023 Due date for filing Form DPT-3 (Return of deposits) is 30th of June 2023 for the Financial Year ended on 31 March, 2023. Keeping in view the transition of MCA Portal from Version-2 to Version -3, it has been decided to allow companies to file Form DPI -3 for the financial […]
Guidelines For Recognition of Startups
GUIDELINES FOR RECOGNITION OF STARTUPS Merger/ Demerger/ Acquisition/ Amalgamation/ Absorption: Resultant entity or entities formed due to merger demerger/ acquisition/ amalgamation/ absorption/will not be recognized as Startup. However, merger or amalgamation under section 233 of the Companies Act, 2013 between any of the following class of companies will be allowed subject to fulfillment of norms […]
Compounding of Offences Under the Companies Act, 2013
COMPOUNDING UNDER COMPANIES ACT, 2013 The Section 441 of the Companies Act, 2013 deals with the Compounding of offence. As per Section 441(1) of the Companies Act, 2013 notwithstanding anything contained in the Code of Criminal Procedure, 1973, any offence punishable under this Act whether committed by a company or any officer thereof not being […]
Compliance Calendar for June 2023
JUNE DATE COMPLIANCE 7 1) Deposit of withholding tax (TDS/TCS) for May 2023 2) Deposit of Equalization levy for the Month of May 2023 11 Filing of Monthly GSTR 1 (Outward Supply Return) for May 2023 13 1) Filing of Monthly GSTR 6 (ISD Return) for May 2023 […]
Compliance Calendar For Month of May
MAY DATE COMPLIANCE 7 1) Deposit of withholding tax (TDS/TCS) for Apr 2023 2) Deposit of Equalization levy for the Month of April 2023 11 Filing of Monthly GSTR 1 (Outward Supply Return) for Apr 2023 13 1) Filing of Monthly GSTR 6 (ISD Return) for Apr […]
PLMA NOTIFICATION
PLMA NOTIFICATION By the Notification dated 9 May 2023 the Central Government has changed the definition of “Person carrying on designated business or profession” and following have been added and now will be covered under preview of the Prevention of Money Laundering Act, 2002 :- (i) Acting as a formation agent of companies and limited […]
GST AMNESTY SCHEME
GST AMNESTY SCHEME The GST Amnesty Scheme is a scheme introduced by the government to provide relief to taxpayers who have not filed their GST returns on time. It allows them to file their pending returns with reduced or waived late fees and interest. The government has notified amnesty scheme effective from 01.04.2023 for small businesses, […]
UPDATE REGARDING STK-2 FORM (REMOVAL OF NAME FROM REGISTER OF COMPANIES)
UPDATE REGARDING STK-2 FORM The Ministry of Corporate Affairs is launching STK-2 form on 01st May 2023 at 12:00 AM. To facilitate implementation of this form in Version 3 MCA21 portal, stakeholders are advised to note the following points: (1) STK-2 form on Version 2 portal will be disabled from 28th April 11:59 PM to […]
Compliance calendar for April 2023
Compliance calendar for the month April 2023 Time to file Period Compliance 01.04.2023 Onwards every company to fulfil the requirement of an audit trail in their Accounting Software. 07.04.2023 March 2023 Due Date for Deposit of TDS by Government office. (With Challan) 10.04.2023 March 2023 Monthly filing of GSTR-7 – By Tax Diductors. […]
