Team Tax Connect
22 articles written by Team Tax Connect on ConsultEase.
Labour LawImplementation of Labour Codes
Why New Labour Codes Economic Survey – States (Like Rajasthan from 2015) which are more flexible with Labour Laws are 25% more productive than their Counterparts 1. Only 10% of Entire Businesses in the Country is Organized 2. They are burdened with Compliance with
Income Tax ComplianceTax Connect: 310th Issue
Tax Calendar Due date Form/Return/Challan Reporting Period Description 11th August 2021 GSTR – 1 July 2021 Details of outward supplies of goods or services 13th August 2021 IFF July 2021 Details of B2B supplies on the IFF (optional facility for the taxpayers opting
Income Tax Compliance308th Issue of Tax Connect
Tax Calendar Due date Form/Return/Challan Reporting Period Description 30th July 2021 Form-27 D April to June 2021 Quarterly issuance of Certificate of collection of tax at source (TCS) 31st July 2021 Form No. 24Q April to June 2021 Quarterly Statement of deduction of tax at
Income Tax Compliance307th Issue of Tax Connect
Tax Calendar Due date Form/Return/Challan Reporting Period Description 18th July 2021 CMP-08 April to June 2021 Quarterly return for a registered person opting for composition levy 20th July 2021 GSTR – 5A June 2021 OIDAR – Details of supplies of online information and database access
Income Tax Compliance306th Issue of Tax Connect
Tax Calendar Due date Form/Return/Challan Reporting Period Description 11th July 2021 GSTR-1 June 2021 For the month of June 2021 ( For other than taxpayers under the QRMP scheme) 13th July 2021 GSTR-1 June 2021 For April to June 2021 (who opted QRMP) 13th July
GST ComplianceFacing Block Credit Under GST Rule 86A & Notices for GSTR 2A & 3B Mismatch
Introduction- Taxpayers throughout the country are receiving multiple notices which pertain to blocking of input tax credit invoking rule 86(A) of the CGST rules 2017. In many instances notices are also not received by the taxpayers and the fact only comes to notice when one
GST ComplianceMonthly End to End Indirect Taxes Updates
Facing Blocked ITC CAL- MRS REALTY PRIVATE LTD & ANR. Vs UNION OF INDIA & ORS GST – Petition challenging the constitutional validity of Rule 86A of the CGST Rules and reading down of Section 16(2)(c) of the CGST Act HELD – Serve Notices
Income Tax Compliance305th issue of Tax Connect
Tax Calendar Due date Form/Return/Challan Reporting Period Description 7th July 2021 Form No. 27C Submission of declaration for no TCS u/s 206C(1A) obtained from manufacturer to the Commissioner/Chief Commissioner of Income Tax as the case may be. 7th July 2021 Form No. Challan Form ITNS
Income Tax Compliance304th Issue of Tax Connect
Tax Calendar Due date Form/Return/Challan Reporting Period Description 30th June 2021 Form 26QB May 2021 Challan-cum-statement in respect of tax deducted under section 194-IA. 30th June 2021 Form 26QC May 2021 Challan-cum-statement in respect of tax deducted under section 194-IB. 30th June 2021 Form
Income Tax Compliance302nd Issue of Tax Connect
Tax Calendar Due date Form/Return/Challan Reporting Period Description 13th June 2021 GSTR-6 May 2021 Due Date for furnishing summary of Outward and Inward Supplies for Taxpayers registered as Input Service Distributor 14th June 2021 Form 16B April 2021 The due date for issue of TDS
Income Tax Compliance301st Issue of Tax Connect
Tax Calendar Due date Form/Return/Challan Reporting Period Description 07th June 2021 ITNS 281 May 2021 Due Date for Payment of TDS on all types of payments 07th June 2021 ITNS-281 May 2021 Due Date for payment of TCS u/s 206C (other than Government Assessee) 07th
GST ComplianceTax Connect’s Analysis of Notifications To Give Effect To The Recommendations of 43rd GST Council Meeting Held On 28th May 2021
1. Relating To Real Estate – Notification No. 02/2021 – Central Tax (Rate) & Notification No. 03/2021 – Central Tax (Rate) In the 43rd Meeting of The GST Council, it was recommended to allow credit to landowners in joint development agreements even before the completion