H.C. Gupta & Co

H.C. Gupta & Co, Chartered Accountants was established in 1967 in Mumbai

[H.C. Gupta & Co @HCGuptaCo]

Due date extended by CBDT for various income tax return forms.

[H.C. Gupta & Co @HCGuptaCo]

Income Tax Due Dates for A.Y.2021-22 extended well in advance. Please find below the circular.

[H.C. Gupta & Co @HCGuptaCo]

Companies allowed to furnish GSTR-3B and GSTR-1/IFF using EVC instead of DSC from April 27, 2021 to May 31, 2021. Refer CBIC Notification No. 07/2021–Central Tax, dated April 27, 2021.

[H.C. Gupta & Co @HCGuptaCo]

New Accounting Software for Companies, to be made effective from April 1, 2022 and not immediately. Notification as below.

[H.C. Gupta & Co @HCGuptaCo]

CBDT notifies all ITR Forms 1 to 7 for AY 2021-22 vide Notification no. 21/2021 in G.S.R 242(E) dated 31/03/2021. To facilitate taxpayers & to minimize the compliance burden, no significant changes have been made in the ITR Forms this year as compared to last year’s Forms.

[H.C. Gupta & Co @HCGuptaCo]

Central Government extends the last date for linking of Aadhaar number with PAN from 31st March, 2021 to 30th June, 2021, in view of the difficulties arising out of the COVID-19 pandemic.

@FinMinIndia

[H.C. Gupta & Co @HCGuptaCo]

The Central Board of Direct Taxes (CBDT) deferred the Tax Audit Clause 30C and 44 till 31st Mar 2022 due to COVID-19 vide Circular No. 5/2021.

Clause 30C: pertaining to GAAR reporting
Clause 44: pertaining to GST reporting.

[H.C. Gupta & Co @HCGuptaCo]

Mandatory requirement of having audit trail for any change in accounting entries for all companies WEF 01.04.2021.

Notification as below

[H.C. Gupta & Co @HCGuptaCo]

MSME Udyam registration simplified: GSTIN will not be mandatory, PAN card can be used.

[H.C. Gupta & Co @HCGuptaCo]

Press Note regarding extension of due date for furnishing of Annual Returns GSTR-9 and GSTR-9C for financial year 2019-20 to March 31, 2021.

[H.C. Gupta & Co @HCGuptaCo]

The due date for quarterly filing of GSTR-1 for Oct-Dec 2020 quarter period is 13.01.2021. The date currently being shown in the GSTR-1 tile is 31.01.2021 which is erroneous and the correct date i.e. 13.01.2021 will be displayed on the portal soon

[H.C. Gupta & Co @HCGuptaCo]

Due Date for furnishing of Annual Return for F.Y.2019-20 has been extended to 28/02/2021.

[H.C. Gupta & Co @HCGuptaCo]

Due Date extended for Filing Income Tax Returns for A.Y.2020-21 (non-audit) to 10/01/2021 and for Audit Cases 15/02/2021. Press Release as below.

[H.C. Gupta & Co @HCGuptaCo]

Myths v. Facts on CGST Notification issued on 22.12.2020 to curb GST Fake invoice frauds.

[Income Tax India @IncomeTaxIndia]

File early to avoid last minute rush!
3.90 crore Income Tax Returns for AY 2020-21 have already been filed till 23rd of December, 2020.
Have you filed your ITR as yet?
If not, File TODAY!
Pl visit https://t.co/EGL31K6szN to file your #ITR.
#ITReturn
#AajHiFileKaro

[H.C. Gupta & Co @HCGuptaCo]

The following Message is being received by a lot of tax payers from the GST dept.
"Dear 27AAA...as per QRMP scheme you are defaulted to file your GSTR-1 and 3B on quarterly basis."

Please note the word "defaulted" is to be interpreted as "by default'.
@GST_Council

[H.C. Gupta & Co @HCGuptaCo]

QRMP scheme (quarterly Return Monthly payment scheme) of GST to be effective from 01st January 2021.

[H.C. Gupta & Co @HCGuptaCo]

The date for making payment without additional amount under the Vivad se Vishwas Scheme has been extended from 31st December, 2020 to 31st March, 2021. Vide Notification in S.O. 3847(E) issued on 27.10.2020, Declarations are required to be filed latest by 31st December, 2020.

[H.C. Gupta & Co @HCGuptaCo]

Due Date for filing of Income Tax Returns for A.Y.2020-21 for Non- Audit Cases is 31st December 2020. #IncomeTaxReturns #IncomeTaxFilingDate

[H.C. Gupta & Co @HCGuptaCo]

CBDT extends due dates for filing Tax Audit Report and Income Tax Return Filing for Tax Audit Cases to 31st December 2020 and 31st January 2021 respectively.
https://t.co/VrhiaFUbz1