Author: les_developer
les_developer
23 Oct 2020
Post a Comment

PMT-09: Importance and Usage

Introduction CBIC has recently introduced new facility to shift wrongly paid tax, interest and late fees using form PMT-09. In today’ blog we are going to discuss about intricacies of PMT-09 in the electronic cash ledger.  But first we will have brief understanding about electronic cash ledger. Electronic Cash Ledger Electronic cash ledger is a […]
Read more
les_developer
, ,
12 Aug 2020
Post a Comment

Due Dates

In this article, we have enumerated the impact of the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (hereinafter referred to as ‘Ordinance 2020’) and Notification No. 35 /2020, dated 24-06-2020 on various due dates of compliances under the Income-tax Act, 1961 in the below tables. I. Due Dates Relating to Income-Tax Returns […]
Read more
les_developer
, ,
12 Aug 2020
Post a Comment

GST Updated Chart

Updated extended GST Due Date Chart Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings and provided releif to tax payers which includes Relief in late fee to Taxpayers filing Form GSTR-3B, Relief in late fee to Taxpayers filing Form GSTR-1, Relief in payment of interest to Taxpayers […]
Read more
les_developer
, ,
26 Jun 2020
Post a Comment

TDS Rate Reduction

“Atmanirbhar Bharat Abhiyaan”, the COVID-19 relief package puts bold reforms at the heart of Hon. PM Modi’s stated plan to make India self-reliant. It is forward thinking in its essence, in that it plans to handle the current pandemic, without knowing when it might end. The stimulus package was declared in tranches by the Hon […]
Read more
Section 194J
les_developer
, ,
19 Jun 2020
1 comment

Professional and Technical Services Under Section 194J

1. Introduction to Section 194J 1.1. Section 194J of Income Tax Act 1961 (“the Act”) provides for tax deduction at source (TDS) on any sum payable to a resident by way of- i. fees for professional services or ii.  fees for technical services or iii. any sum payable as royalty or iv. any sum referred […]
Read more