Daily Archives: August 4, 2017

Income Tax Offices to remain open on Saturday 5th August 2017 for filing ITR

By | August 4, 2017

Income Tax Offices to remain open on Saturday,5th August, 2017 for filing of income tax returns  In view of the difficulties faced by taxpayers, the due date for filing of Income Tax Returns for F.Y. 2016-2017 i.e. Assessment Year A.Y. 2017-2018 was extended to 5th August, 2017(for certain categories of taxpayers). In order to facilitate… Read More »

Sale of Products after Introduction of GST 

By | August 4, 2017

Sale of Products after Introduction of GST On account of implementation of GST there may be instances where the retail sale price printed on pre-packaged commodity is required to be changed. The Department has therefore issued an order according to which, manufacturers/packers/importers of pre-packaged commodities are to declare the revised retail sale price (MRP), by… Read More »

GST on Employee Reimbursements Expenses

By | August 4, 2017

GST on Employee Reimbursements Expenses Reimbursement of expenses for supplies received by employees from registered dealers : The expenditure is in the nature of business cost incurred for the furtherance of business, employer shall be eligible to avail of the Input Tax Credit (ITC) of the GST paid by employee, at the time of receipt of… Read More »

Category: GST