Section 194Q 206C (1H) Applicability w.e.f 01-July-2021 w.e.f 01-Oct-2020 Who (Deductor/Collector) Every Buyer whose turnover (Excluding GST) in Preceding F.Y. is More than Rs. 10 Crore (While Calculating this turnover value of goods and services both included) Every Seller whose turnover (Excluding GST) in
Aggregate Turnover In The Preceding Fy More Than Rs. 5 Crore (> Rs 5 Cr) {NN 18/2021-CT & NN 19/2021-CT Dt. 01.06.21} Tax Period Actual Due Date Late Fee Interest Relaxation (Days) Last date to Avail Benefit Relaxation (Days) NIL 9% Reduced Rate 18%
Analysis of TDS provisions as per Income Tax Act (“the Act” or “IT Act”) Salary Related – 192 AND 192A Section Nature of payment Payer Payee Rate Remarks 192 Salary Any person Employee (R or NR) Slab rate Note 1 192A Accumulated balance of a
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
With reference Notification, 15/2021-CT dated 18.05.2021, to blocking of GSTIN for e-Way Bill generation is now considered only for the defaulting Supplier GSTIN and not for the defaulting Recipient or Transporter GSTIN. Click on the notification for more details. Mode of transport Ship is
Interest Liability on the amount paid through Electronic Cash Ledger shall be applicable retrospectively from 01.07.2017 Notification No. 16/2021 – Central Tax Section 112 of the Finance Act, 2021 shall be effective from 01.06.2021 As per Section 112 proviso shall be substituted and shall
Notification No. 27/2021 – Central Tax [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 27/2021 – Central Tax New Delhi,
Notification No. 26/2021 – Central Tax [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 26/2021 – Central Tax New Delhi,
Notification No. 25/2021 – Central Tax [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 25/2021 – Central Tax New Delhi,
Notification No. 24/2021 – Central Tax [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 24/2021 – Central Tax New Delhi,
