Basics of Data Analysis

Data Analysis is a process of collecting, cleaning, transforming and modeling data with the goal of discovering the required information. Benefits of doing Data Analysis Increased revenues, Improved operational efficiency, Optimized marketing campaigns and customer service efforts, Respond more quickly to emerging market trends and Gain a competitive edge over rivals — and above all will…

Extending the Due Date for Filing of Annual return / Reconciliation Statement for the Financial year 2017-18 in FORMs GSTR-9, GSTR-9A and GSTR-9C to 30th November, 2019.

S.O.(E).––WHEREAS, sub-section (1) of section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this Order referred to as the said Act) provides that every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a…

Seeks to Extend the Date from which the Facility of Blocking and Unblocking of e-way bill Facility as per the Provision of Rule 138E of CGST Rules, 2017 shall be Brought into Force to 21.11.2019.

G.S.R. ….(E)— In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the…

Further Enhancement of Monetary Limits for Filing of Appeals

Subject: – Further Enhancement of Monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal, High Courts and SLPs/appeals before Supreme Court – Amendment to Circular 3 of 2018 Measures for reducing litigation. Reference is invited to the Circular No.3 of2018 dated 11.07.2018 (the Circular) of Central Board of Direct Taxes…

Clarification in Respect of Filling-up of the ITR Forms for the Assessment Year 2019-20

The Income-tax return (ITR) forms for the Assessment Year (AY) 2019-20 were notified vide notification bearing G.S.R. 279(E). dated the 1st day April, 2019. Subsequently, the instructions for filing ITR forms were issued and the software utility for e-filing of all the ITR forms were also released. After notification of the ITR forms various queries…

Extend the Last Date for Furnishing FORM GST CMP-08 for the Quarter April -June 2019

G.S.R…..(E).– In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2019-…

Clarification regarding taxability of income earned by a non-resident investor from off-shore investments routed through an Alternate Investment Fund-reg.

In the context of Alternate Investment Funds (AIFs), references have been made to the Central Board of Direct Taxes (the Board) seeking clarity regarding taxability of income from investments made by the non-resident investor through these AIFs, outside India (off-shore investment). 2. The incidence of tax arising from off-shore investment made by a non-resident investor…