Mohd Shariq & Associates Chartered Accountants

27/06/2022

23/02/2022

https://taxconcept.net/income-tax/income-tax-alert-your-last-chance-to-complete-itr-filing/

Taxpayers who have filed an Income Tax Return (ITR) for Assessment Year 2020-21, must verify it, the income tax department said. The ITR filing will be deemed incomplete if it is not verified. The CBDT has given taxpayers one-time relaxation. LAST OPPORTUNITY If you have not verified ITR for AY 20...

14/12/2021

Under the new e-invoicing system, taxpayers have to issue invoices on their internal systems and submit it to the Invoice Registration Portal (IRP) electronically. The IRP will validate the details in these invoices and generate an Invoice Reference Number (IRN) and a Quick Response (QR) code and send back the signed e-Invoice to the taxpayer electronically.

https://www.mastersindia.co/gst/auto-population-of-e-invoice-details-in-gstr-1/

10/12/2021

https://taxguru.in/goods-and-service-tax/functionalities-gst-portal.html

New Functionalities on GST Portal New Functionalit.... Read More

02/11/2021

No Separate GST Registration required for Selling Goods before clearing it for Home Consumption from Port of Import: AAR

India VATupdate No Separate GST Registration required for Selling Goods before clearing it for Home Consumption from Port of Import: AAR 02 November 2021 India The Maharashtra Authority of Advance Ruling (AAR) held that no Separate GST Registration is required for selling goods before clearing them....

13/10/2021

https://www.taxscan.in/capital-gain-exemption-available-for-multiple-flats-obtained-under-jda-itat/136137/

Bangalore bench of ITAT has held that the capital gain exemption under section 54F of the Income Tax Act is available to multiple

08/09/2021

Refund of Service Tax paid under RCM allowed post implementation of GST

India VATupdate Refund of Service Tax paid under RCM allowed post implementation of GST 08 September 2021 India The Appellant failing to pay its Service Tax Liability under RCM in a stipulated time but shown as liability in the Service tax Return under the Finance VATupdate - Your daily VAT news fro...

13/07/2021

https://www.taxscan.in/gst-to-be-paid-only-on-difference-between-selling-price-and-purchase-price-of-second-hand-gold-jewellery-purchased-from-individual-aar/122723/

The Karnataka Authority of Advance Ruling (AAR) ruled that GST to be paid only on difference between selling price and purchase price

06/07/2021

Due date compliance calander for July 2021

Article compiles due dates of compliance related t.... Read More

01/07/2021

Happy CA day