Nature of Compliance Act Due Date/Extended Due Date Filing of GSTR-3B (for turnover upto 5 Crore) for August 2020 for State category I GST 01.10.2020 Filing of GSTR-3B (for turnover upto 5 Crore) for August 2020 for State category II GST 03.10.2020 Depositing of TDS/ TCS for September 2020 Income Tax 07.10.2020 Depositing of equalization […]
Month: September 2020
TDS on payment by e-commerce operator applicable from 1st October 2020
Section 194O has been introduced in the Union Budget 2020. This section is applicable from 1st October 2020. Scope of section Where the sale of goods or services of e-commerce participants is facilitated by an e-commerce operator through its digital or electronic facility or platform, such an e-commerce operator is required to deduct tax […]
Income Tax Return of A/Y 2019-20 further extended to 30th November,2020
On further consideration of genuine difficulties being faced by taxpayers due to the Covid-19 situation, CBDT further extends the due date for furnishing of belated & revised ITRs for Assessment Yr 2019-20 from 30th September, 2020 to 30th November, 2020.Order u/s 119(2a) issued. pic.twitter.com/QQii6qG3pt — Income Tax India (@IncomeTaxIndia) September 30, 2020
Due date for furnishing of GSTR-9 and GSTR 9C for 2018-19 Extended
After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020. Notification follows.@nsitharamanoffc @ianuragthakur — CBIC (@cbic_india) September 30, 2020
Waiver of Late Fees for GSTR 4 and GSTR 10 via Notification No. 67/2020 and 68/2020
CBIC issued notifications on 21 September 2020 to waive off the late fees payable in case of delay filling of GSTR-4 (for composition dealers) and GSTR-10 (Final Return). Notification No. 67/2020 – Central Tax Dated 21.09.2020 GSTR-4 for composition dealers Tax Period Maximum Late Fees Time period of filing July 2017 to March 2020 Nil […]