Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
Critical Issues in Annual Return
In the last of couple of days we have witnessed press note on clarification on Annual Return and also number of technical publications issued by ICAI. So our understanding of annual return is still a work in progress. However the public_profile has on the basis
GSTR 9 Inward side Analysis
GSTR 9 Inward side Analysis – Focusing on Table 6J and Table 8D difference We have created various possible situation on the ITC part of the GSTR 9 and we have created the GSTR 9 Inward Side Analysis, which is majorly focused on the Table
No Stay from Arrest for GST Evasion
No Stay from Arrest for GST Evasion | FIR registered under Indian Penal Code maintainable Below are the relevant facts and observations from the case of Govind Enterprises (Criminal Misc. Writ Petition No. 7303 of 2019) decided by Allahabad Hon’ble High Court: Facts: First Information Report
All set for ITR Filing
ITR Filing season is here. Are you all ready for your tax filing? If you are a resident Indian and your net taxable income in FY 18-19 was up to 3.5 lakh, then this piece of information is for you. Go ahead, wish you a
100 FAQ’s on various issues in annual return
Basic provisions related to the annual return Q1. What is Legal provision for filling GST Annual Return? Ans. It is governed by section 35(5) and section 44(1) of CGST Act. Section 44(1) of CGST Act read with Rule 80(1) of CGST Rules requires that
Important clarifications on annual return by CBIC
Introduction: A press release is issued by CBIC. Important clarifications on annual return are provided in the press release. The taxpayer was in dilemma for many reasons. Many tables were showing incorrect data. The biggest mess was made by the help part of this return.
CA Shafaly GirdharwalPresentation of Input Tax Credit in Annual Return
Case Studies on Presentation of Input Tax Credit in Annual Return There have been lot many errors while claiming Input Tax Credit by the Taxpayers. Some of very common errors was inadvertently claiming Excess ITC, Lapse of ITC, Claim of ITC under Wrong Heading, Deposit
Data Flow in GSTR 9 and 9C
Introduction: Data Flow in GSTR 9 and 9C to file both forms. This article is based on the presentation on GSTR 9 and 9C form. Various issues related to these forms are also covered. Possible solutions to those issues are also provided. There are many
Make (Videshi) Foreign Trade Policy SWADESHI
Introduction: In this article we will discuss about our foreign trade policy. India Traditionally a Trade Deficit Country. India’s Exports in 2018-19 stood at $331 billion, while Imports soared high of $507.44 billion, taking India’s trade deficit to reach a record high of $176 billion. India’s GDP
S N PanigrahiFree E- book on GST including constitution
Introduction: This E-book is a unique combination covering GST right from the provisions of the constitution. Rules of interpretation of the constitution of India is covered. The E-book on GST is covering the following topics: Its less than two years since its introduction of GST
GSTR 9 INWARD SIDE ANALYSIS – FOCUSING ON TABLE 6J AND TABLE 8D DIFFERENCE
situation 1.1 = WHEN YOU CLAIMED EXACT SAME ITC in 3B as ITC as per BOOKS situation 1.1 = WHEN YOU CLAIMED EXACT SAME ITC in 3B as ITC as per BOOKS
4 MONTH TIME TABLE FOR EVERY PRACTISING CA
A systematic approach to divide your GST & Income Tax work according to Time available & its Gravity. Some are good at time management and some are not. CA practice has become all about time management. Specially those who are into traditional practice