Joshi H. & Associates

03/06/2022

Watch the Income Tax Shorts (60 Seconds only), to gain knowledge of key concepts.

Hey Champions_These are main and very very important points to remember while attempting a question. I believe, these "Income Tax Shorts" will help you a lot...

03/06/2022

Watch the Income Tax Shorts (60 Seconds only), to gain knowledge of key concepts.

Hey Champions_These are main and very very important points to remember while attempting a question. I believe, these "Income Tax Shorts" will help you a lot...

04/02/2022

Part-1 Detailed discussion on Income Tax Amendments proposed in Finance Bill 2022.

View the full discussion at the given channel:

https://youtu.be/Np78fQxwE3w

All you need to do is watch, subscribe and share:)

Hi there !I, CA Hemant Gupta, have tried to cover all the significant proposals of income tax amendments in Finance Bill 2022.Part 1 : Covered by this video ...

04/11/2021

*खुशियों का पर्व है दिवाली,*
*दिवाली की हार्दिक शुभकामनाएं।*🙏

26/10/2021

Relaxations in paying additional fees in case of delay in filing Form 8 (the Statement of Account and Solvency) by Limited Liability Partnerships upto 30th December, 2021

30/09/2021

09/09/2021

Considering technical glitches/problems reported by taxpayers and other stakeholders, CBDT has extended the due dates for ITR filing.

a. Non-Audit tax returns - Extended to *December 31, 2021*
b. Tax Audit reports - Extended to *January 15, 2022*
c. TP Report - Extended to *January 31, 2022*
d. Audit tax returns - Extended to *February 15, 2022*
e. TP tax returns - Extended to *February 28, 2022*
f. Belated tax returns - Extended to *March 31, 2022* from December 31, 2021.

29/08/2021

In view of the technical glitches in New Income Tax Portal, CBDT has extended the due date for filing of various forms.

01/05/2020

All trusts, societies or charitable institutions which are registered under section 12AA/80G/10(23C) of The Income Tax Act need to register again as per amendment brought in The Income Tax Act by Budget 2020.
Else all exemptions will be withdrawn.

14/10/2019

Capping of 20% ITC if not reflected in GSTR 2A says new notification
The CBIC vide Notification No. 49/2019 - Central Tax dated October 09, 2019, has, inter alia, amended Rule 36 of the CGST Rules, 2017 ('CGST Rules') which deals with the 'Documentary requirements and conditions for claiming Input Tax Credit (ITC)'.

A new sub-rule (4) is inserted w.e.f October 9, 2019 which states that a registered person can claim ITC in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers in GSTR-01 (i.e. not getting reflected in Form GSTR-2A) only to the extent of 20% of the eligible credit available in respect of invoices or debit notes, the details of which have been uploaded by the suppliers.
New sub-rule (4) reads as under:

'(4) Input tax credit to be availed by a registered person in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers under sub-section (1) of section 37, shall not exceed 20 percent. of the eligible credit available in respect of invoices or debit notes the details of which have been uploaded by the suppliers under sub-section (1) of section 37

03/10/2019

DIR 3 KYC Due Date Extended

MCA has extended the due date of filing of DIR 3 KYC by 15 days from sept 30,2019 to oct 14,2019.