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Government announces inclusion of Retail and Wholesale trades as MSMEs

Retail and wholesale trade were left out of the ambit of MSME. Under the revised guidelines, MSME has issued order to include retail and wholesale trade as MSME and extending to them the benefit of priority sector lending under RBI guidelines. The revised guidelines will benefit 2.5 Cr Retail and Wholesale Traders. Minister of MSME

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What is Formula 72 : जो चुटकी में बता देगा आपका पैसा कितने दिन में होगा डबल

What is Formula 72: हर कोई ऐसा निवेश करना चाहता है, जहां अधिक से अधिक रिटर्न मिले। हालांकि, कुछ लोग रिटर्न (How to understand return on investment) को अच्छे से समझ नहीं पाते हैं। ऐसे में आपको परेशान होने की जरूरत नहीं है। आप एक छोटे से फॉर्मूले के जरिए जान सकते हैं कि कितने

What is Formula 72 : जो चुटकी में बता देगा आपका पैसा कितने दिन में होगा डबल Read More »

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Now Income Tax Refund Tracking becomes very easy

Direct link to track ITR refund : https://tin.tin.nsdl.com/oltas/refund-status-pan.html Refund Banker scheme he ‘Refund Banker scheme’ facilitates transmission of refunds generated on processing of Income tax Returns by CPC-Bangalore/AO to State Bank of India, CMP branch (Refund Banker) for further distribution to taxpayers. Refunds are being sent in following two modes: RTGS / NECS: To enable credit

Now Income Tax Refund Tracking becomes very easy Read More »

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Form GSTR-9 – Annual Return & Its Auditing

Part / Table wise Reporting in Annual Return This form was divided in to 6 Parts and tax payers were expected to report the whole year activities into 19 tables. Sr. No. Details required to be filled Part-I Basic Details Part-II Details of Outward and Inward supplies (RCM) declared during the F.Y. Part-III Details of

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Neither goods nor services & thus NO GST -NEGATIVE LIST (Schedule III)

NEGATIVE LIST [Sec 7(2) + Schedule III] Neither goods nor services & thus NO GST. Services provided by Employee to Employer in course of or in relation to his employment  Service provided by Casual Workers (daily basis) who are employed by employer  treated as services provided by worker in course of employment &

Neither goods nor services & thus NO GST -NEGATIVE LIST (Schedule III) Read More »

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