Kushal Bansal & Associates, Chartered Accountants

Kushal Bansal & Associates, Chartered Accountants We provide variety of services like Income Tax, GST, Audit, Financial Statement, Legal Consultancy, Accounting etc.

This year again Govt. has given relaxation to GST taxpayers who were failed to file their GST returns from the period Ju...
31/05/2021

This year again Govt. has given relaxation to GST taxpayers who were failed to file their GST returns from the period Jul 2017 to Apr 2021. Now they can file returns at relaxed fee.

IT Department has further extended the due date of filing ITR for AY2019-20
30/09/2020

IT Department has further extended the due date of filing ITR for AY2019-20

Now 'Comparison of ITC claimed' has moved on under GST Services Tab.
29/09/2020

Now 'Comparison of ITC claimed' has moved on under GST Services Tab.

13/09/2020

File your ITR by just sitting in you home.
Just send your details to [email protected] or call on
+918745060918.

**Charges may vary on types of ITR.

21/08/2020

*Provision for Aadhar Authentication in GST Registration*

1. Aadhaar Authentication process has been introduced, for the persons applying for GST registration as Normal Taxpayer/ Composition/ Casual Taxable Person/ Input Service Distributor (ISD)/ SEZ Developer/ SEZ Unit etc, in Form GST REG 01 (refer Notification No 62/2020-CT dt 20.08.2020 ).

2. Under this, Individuals, Authorised signatory of all types of businesses, Managing and Authorised partners of a partnership firm and Karta of an Hindu undivided family, applying for new registration, can opt to undergo e-KYC authentication of their Aadhaar number.

3. Applicants, who, either do not provide Aadhaar, while applying for new registration or whose Aadhar authentication fails in validation, would be subjected to site verification by the tax department. However, Tax authority based on the documents produced can grant registration.

4. Timelines for grant of registration are:
-> In case of successful authentication of Aadhaar, registration will be deemed approved within 03 working days
-> If Aadhar authentication is not opted for or if authentication fails in validation and no SCN is issued within 21 days by tax official, registration will be deemed approved
-> Tax Officer can issue SCN within the period specified for grant of registration, like in cases of successful Aadhar authentication i.e. 03 working days, or in cases when taxpayer do not opt to provide Aadhaar or when Aadhar authentication fails i.e. 21 working days. Applicants can submit their reply within 07 working days from issue of SCN

5. Important points while opting for Adhaar authentication is as follows:
-> Once registration application is submitted, an authentication link will be shared on GST registered mobile numbers and email ids mentioned in the GST application
-> On clicking the verification link, a window for Aadhaar Authentication will open where they have enter Aadhaar Number and the OTP received by them on the mobile number linked with Aadhaar
-> Taxpayer need to complete Aadhaar authentication of all Promoters/ Partners/ Authorized Signatories/ Karta etc. as mentioned in the application to avail this option
-> Applicant can access the link again for authentication by navigating to My Saved Applications > Aadhaar Authentication Status > RESEND VERIFICATION LINK
-> Persons already registered on GST portal are not required to undergo Aadhar authentication at this stage
-> Persons who are not resident /citizen of India are exempted from the Aadhaar authentication process

Thanking you,

Greetings to all of you for the 74th Independence Day 🇮🇳
15/08/2020

Greetings to all of you for the 74th Independence Day 🇮🇳

Brief understanding of 'Faceless Assessment' & 'Faceless Appeal'
13/08/2020

Brief understanding of 'Faceless Assessment' & 'Faceless Appeal'

Update from FM of India
12/04/2020

Update from FM of India

Address

1668-A, 1st Floor, Najafgarh Thana Road, Najafgarh
Delhi
110043

Opening Hours

Monday 10am - 7:30pm
Tuesday 10am - 7:30pm
Wednesday 10am - 7:30pm
Thursday 10am - 7:30pm
Friday 10am - 7:30pm
Saturday 10am - 7:30pm

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