Chartered Accountants
The CBIC, considering the situation of COVID-19 pandemic in India, has extended the due date for filing GSTR-4 pertaining to financial year 2019-20 to 31st of August 2020. Notification is enclosed herein. NotificationDownload
Updates, Notifications and Circulars under GST pertaining to areas such as: Nil return in FORM GSTR-3B by SMSRefundsExtension of period to pass order under Section 54(7) of CGST ActExtension of validity of e-way billGST on Director’s Remuneration Updates can be found in the links provided below Updates 01Download Updates 02Download
Rajajinagar Residents Welfare Association has started an online petition to save Western Ghats which is a bio-diversity hotspot in the world and our lifeline. Enclosed is the link to add your might by signing for the petition.Kindly sign and share and let your signature matter. http://chng.it/smB2QKkd
This move will also introduce liquidity of Rs 6,750 crores to employers and employees over the course of three months. The labour ministry has notified the new rules for employees’ provident fund or EPF contribution. In an announcement last week, Finance Minister Nirmala Sitharama stated that the statutory provident fund contribution by the employers as…
Write up covering the important announcements made by Honourable Finance Minister Smt. Nirmala Sitharaman under the Aatmanirbhar Bharat initiative to kickstart the Indian economy and to make India a self reliant nation. Document can be found in the link provided below Aatmanirbhar BharatDownload
An article on Assessment of Charitable Trusts pertaining to the issue of 'Excess Application of Income over Income Derived'. The article discusses whether the excess of income applied for objectives of Trusts in India is eligible to be set off against Income derived by such Trusts in the subsequent years. https://taxguru.in/income-tax/assessments-charitable-trusts-excess-application-income.html
An article on how India can play a significant role in restoring the global market post covid-19 pandemic Article can be found HERE
We are all seeing the most catastrophic event affecting the world by way of coronavirus (COVID-19). Nations across the globe have been severely affected in ways which they had least anticipated and were unprepared for. Economies of the nations have been affected, their health care systems have been severely tested and employment opportunities have been…
Background Throughout the world, money earned through illegal means is a major cause for worry for the Government. The illegal money which is earned, is masked and reintroduced into the regular economy through varied ways, thereby bringing a shell of respectability for ill-gotten wealth and depriving the Government revenue arising out of such transactions. The…
Introduction The Global Economy is currently growing at a slow pace. The same can be said of the Indian Economy also, which is growing at a sluggish rate. To ensure that Indian economy is back on track and to ensure that it is one of the fastest growing economies in the world, focus on development…
K S Sridhar and Associates 