GST return is one of the important aspects in compliance with the GST Act, the data submitted in the monthly or quarterly GST return filing provides important information to the department for assessment of GST tax liability payable by the dealer. Continue reading “What happens if GST returns are not filed correctly?”
What is GST notices and assessment process in GST Act?
GST is a trust-based tax regime where the taxpayer is required to self asses the tax payable and file the returns without any initiation by the tax officer or department. Continue reading “What is GST notices and assessment process in GST Act ?”
As a first task in this article, we would like to thank you for being a part of building the nation by compliance with GST registration laws. GST is a trust-based tax regime Continue reading “What are GST compliances required after approval of GST registration ?”
What is GST return filing?
GST is the tax collected by the government if a person engages in a taxable supply of goods or services Continue reading “How to file GST monthly returns ?”
CBIC had rolled out automated return scrutiny module for GST returns filed from financial year 2019-2020 Continue reading “CBIC launches automated GST return scrutiny module for 2019-2020”
If you are one among the prospective entrepreneurs interested to start your new business, then you should first look at the following things.
Which Business Model is Best?
Continue reading “What are the various small scale Business options ? And What are the Things I should Know ?”
What is GST Online registration?
GST registration is the process by which a person Continue reading “Who are required to apply GST Online registration ?”
What is Income tax in India?
The major source of revenue of any country is through a collection of taxes on income and other transactions. Income tax is a direct tax that is collected from the person who is liable to pay Continue reading “How income is calculated under Income Tax Act ?”
Primary compliance required under Income Tax Act
Income tax return filing is one of the major activities in Income Tax Act compliance, Continue reading “Advantages available to small business owners in Income Tax Act and compliance required.”