Central Board of Direct Taxes have extended the due dates for filling of Income Tax Returns on Saturday, 24th October, due to the constraints faced by the taxpayers due to COVID -19 pandemic. Along with the direct taxes filing date the dates for filing annual GST Returns and GST audit for FY 2018-19 has also […]
Monthly Archives: October 2020
Wrong interpretation / understanding / procedure of TCS on Consideration for sale of goods under newly introduced section 206C(1H) effective from 01-Oct- 2020. Most of the experts / businessmen have adopted following process. They (Sellers) have modified their billing software to add one more line to add TCS amount in final bill amount […]