Manoj K Pandey & Associates

GOODS AND SERVICE TAX

Not required to file GSTR-9C for Financial Year 2019-20 if Total Sale less than INR 5 Cr

GST Registered Person having total up to Rs 5 Cr, no needed to file GSTR-9C for Financial Year 2019-20 As per the Central Board of Indirect Taxes and Customs though this notification No. 79/2020-dated 15, Oct 2020 replaced, Subject to Rule 80(3) of the Central Goods and Services Tax Rules 2017 (CGST Rules), the ...

INCOME TAX

Income Tax dept. permit the revision of declarations filed under Direct Tax Vivad se Vishwas scheme

Income Tax dept. permit the revision of declarations filed under the “Direct Tax Vivad se Vishwas Act scheme” The CBDT has explained in FAQ’s that the 'Vivad Se Vishwas' scheme should not be used in a situation where proceedings are pending before the Income Tax Settlement ...