Daily Archives: October 8, 2016

Download Tax Return Preparer Form under GST – GST TRP 1 to GST TRP 7

By | October 8, 2016

Download Tax Return Preparer Form under GST Download GST TRP Form GST TRP 1, GST TRP 1A GST TRP 2, GST TRP 3, GST TRP 4, GST TRP 5, GST TRP 6, GST TRP 7 Sr No Form No Purpose 1 GST TRP 1 Application for Enrolment as Tax Return Preparer under GST 2 GST TRP 1A… Read More »

Analysis GSTR 11 -Inward Supplies statement for UIN

By | October 8, 2016

Form GSTR – 11 INWARD SUPPLIES STATEMENT FOR UIN Key Points about GSTR 11 -Inward Supplies statement for UIN Due Date :- GSTR 11 -Inward Supplies statement for UIN is to be furnished by 28th of the month following the month for which statement is filed. Who to furnish :– GSTR 11 -Inward Supplies statement… Read More »

Analysis Form GSTR-10 -Final Return

By | October 8, 2016

GSTR-10 Final Return Key Points GSTR-10 Final Return Who to file :-GSTR-10 -Final Return is For taxable person whose registration has been surrendered or cancelled When to file :– GSTR-10 -Final Return is to be filed within three months of the date of cancellation or date of cancellation order, whichever is later How to file GSTR-10 -Final… Read More »

Analysis GSTR-9 Annual Return

By | October 8, 2016

GSTR-9 ANNUAL RETURN Key Points GSTR-9 Annual Return Due Date :- GSTR-9 Annual Return to be furnished by the 31st December of the next Financial Year Who to furnish return in GSTR 9 Every registered taxable person shall furnish an annual return under sub-section (1) of section 30 electronically in FORM GSTR-9 through the Common Portal… Read More »

Analysis: GSTR -8 statement for e-commerce operator

By | October 8, 2016

GSTR -8  STATEMENT FOR E-COMMERCE OPERATORS Key Points about GSTR 8  statement for e-commerce operator Due Date :– GSTR 8 (statement for e-commerce operator) to be  furnished by the 10th of the month succeeding the tax period Who to File : GSTR 8 to be furnished by e-commerce operator(s) providing facility of supplying goods and/or services, other… Read More »

Analysis GSTR-7 TDS Return

By | October 8, 2016

GSTR-7 TDS Return Key Points about GSTR-7 TDS Return Due Date : GSTR-7 TDS Return to be furnished by 10th of the month succeeding the month of deduction Who to File GSTR-7:  Every registered taxable person required to deduct tax at source under section 37 odel GST Law) shall furnish a return in FORM GSTR-7 electronically through the… Read More »

Auto industry demands two rates under GST

By | October 8, 2016

Auto industry demands two rates under GST With the government looking at rolling out GST from the next financial year, Society of Indian Automobile Manufacturers (SIAM) on Thursday said there should be only two rates for passenger vehicles instead of the four at present. The industry body said standard rates must apply on small cars,… Read More »

Category: GST

SEBI in favour of Ban on sending trading tips via WhatsApp,Twitter, Facebook

By | October 8, 2016

Restriction on providing trading tips As per the Consultation Paper Released by SEBI :- Restriction on providing trading tips 4.5.1  It is observed that, many persons are engaged in providing/sending the trading tips/securities specific recommendations, etc., using various electronic modes such as bulk short message services (SMSs), e-mails, blogs, internet or through any other social networking… Read More »

Analysis-GSTR 6 Return for Input Service Distributor

By | October 8, 2016

GSTR-6 RETURN FOR INPUT SERVICE DISTRIBUTOR Key Points about GSTR 6 Return of Input Service Distributor Due Date : GSTR 6  To be furnished by 13th of the month succeeding the tax period Auto population :-Details will be auto populated in FORM GSTR-6A. Every input service distributor shall, after adding, correcting or deleting the details contained in… Read More »

Analysis -GSTR 5 – Return for Non Resident/Foreigners

By | October 8, 2016

GSTR-5 RETURN FOR NON RESIDENT TAXABLE PERSONS (FOREIGNERS) Key Points of GSTR 5 – Return for Non Resident Taxale persons (Foreigners) Due Date of GSTR 5: GSTR 5 Return for Non Resident Taxale persons (Foreigners) to be furnished on monthly basis by 20th of the month succeeding tax period & within 7 days after expiry of registration GSTR… Read More »

Analysis of GSTR 4-Quarterly Return for Compounding Taxable person

By | October 8, 2016

GSTR 4 Quarterly Return for Compounding Taxable person Key Points about GSTR 4 for Composition supplier Due Date :- GSTR 4 to be furnished by 18th of month succeeding the quarter. Who to File GSTR 4:– Every registered taxable person paying tax under section 8 shall file the return in GSTR 4. Auto Population of Details… Read More »

USA-Tax-filing Extension Expires Oct. 17,Check Eligibility for Overlooked Tax Benefits

By | October 8, 2016

Tax-filing Extension Expires Oct. 17 for Millions of Taxpayers; Check Eligibility for Overlooked Tax Benefits IRS YouTube Videos: Reminders for Extension Filers:  English | Spanish | ASL IRS Taxes: Three Easy Ways to Pay:  English Mobile App -IRS2Go Mobile App:  English | Spanish | ASL WASHINGTON — The Internal Revenue Service today urged taxpayers whose… Read More »

Category: USA

ICAI withdraw Guidance Note on Bonus Shares and FBT

By | October 8, 2016

Institute of Chartered Accountants of India The Council, at its 359th meeting, held on September 16-17, 2016, has decided to withdraw the following two Guidance Notes on Accounting as the same are no longer relevant in the present day contex GN(A) 9 (Issued 1994) – Guidance Note on Availability of Revaluation Reserve for Issue of… Read More »

SEBI released rules for Robo advisors and Investment advisor

By | October 8, 2016

Capital market regulator Securities and Exchange Board of India (Sebi) on Friday has widen the ambit of the investment advisor regulation by including Robo advisors under the provisions of investment advisor rules. Regulator has proposed slew of measures to monitor the Robo advisors largely known as automated tools or algorithms which provide financial advisory services to investors… Read More »

SEBI Paper on Investment Advisers for uniform standards

By | October 8, 2016

Consultation Paper on Amendments/Clarifications to the SEBI (Investment Advisers) Regulations, 2013 1. Objective: To solicit the comments/views from public on the consultation paper proposing amendments/clarifications to the SEBI (Investment Advisers) Regulations, 2013 (hereinafter referred as “IA Regulations”). The objective of the consultation paper is to specify uniform standards across all the intermediaries/persons engaged in providing… Read More »

Download Admit Cards for CA Intermediate (IPC) & CA Final Nov 2016 Examination

By | October 8, 2016

Download Admit Cards for CA Intermediate (IPC) & CA Final Nov  2016 Examination Announcement Intermediate (IPC) and Final November 2016 Examination Admit Cards 7th October, 2016 Admit cards in respect of candidates admitted to the Intermediate (IPC) and Final November 2016 examination, with their photographs and signatures on them, are hosted on icaiexam.icai.org Candidates may… Read More »

Registration of Insolvency Professional Agencies Regulations 2016

By | October 8, 2016

Insolvency and Bankruptcy (Registration of Insolvency Professional Agencies) Regulations, 2016 In exercise of the powers conferred by section 196 read with sub-sections (1) and (2)(zz)- (zzd) of section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Board hereby makes the following Regulations to provide a framework for registration of insolvency professional… Read More »

Registration of Insolvency Professionals Regulations 2016

By | October 8, 2016

Insolvency and Bankruptcy (Registration of Insolvency Professionals) Regulations, 2016 In exercise of the powers conferred by sub-sections (1)(a) to (c) of section 196 and section 207 read with sub-sections (1) and (2) (zzh) to (zzi) of section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Board hereby makes the following Regulations,… Read More »

Draft Model ByeLaws of Insolvency Professional Agencies 2016

By | October 8, 2016

Insolvency and Bankruptcy (Model ByeLaws of Insolvency Professional Agencies) Regulations, 2016. In exercise of the powers conferred by sub- section (2) of section 196 read with sub-section (1) of section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Board hereby makes the following Regulations, namely – Short Title and Commencement 1.… Read More »