Set off of losses and UAD while computing MAT in companies facing corporate insolvency

Dear All, With a view to minimize the genuine hardship faced by companies against whom an application for corporate insolvency resolution process has been admitted by the Adjudicating Authority under Insolvency and Bankruptcy Code, 2016, the Central Board of Direct Taxes (CBDT) has issued a Press Release dated 6th January, 2018 stating that, in case of […]

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GSTR Filling Updates

Dear Readers, GSTR-1 due dates has been further revised  as per the following table :- For turnover upto Rs 1.5 cr Period (Quarterly) Due dates July- Sept 10th Jan 2018 Oct- Dec 15th Feb 2018 Jan- Mar 30th April 2018 For turnover of more than Rs 1.5 cr Period Dates July to Nov 2017 10th […]

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What is E-way bill under GST?

E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN (common portal). A ‘movement’ of goods of more than Rs 50,000 in value cannot be made by a registered person without an e-way bill. E-way bill will also be allowed to be generated or canceled through SMS. […]

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