The Finance Bill has inserted a Sec 234H where, If a person is required to intimate his Aadhaar under Section 139AA(2) and such person fails to do so, he shall be liable to pay a fee not exceeding ₹1000 at time of making such intimation.
#incometaxindia#PAN#Aadhar#compliance
Key Highlights from the Union Budget 2021, as presented by the Hon’ble Finance Minister. PART 1
Direct Taxes:-
•Vivad Se Viswas Scheme Last Date of filing extended to 28th February, 2021.
•Citizens of age 75 years and above who have only Pension and…https://t.co/PNkXnIxkdg
@shivang_somaiya@IncomeTaxIndia If GTI <= 2.5 Lacs, Late Fee is NIL.
If NTI > 2.5L but <=5 Lacs, Late Fee is 1,000.
If NTI > 5 Lacs, Late Fee is 10,000.
In Your case it will be Rs. 1000/-
Partnership Firm
1. Buy Stamp, Prepare Partnership Deed, Sign and Notarize.
2. Apply for PAN / TAN
3. Apply for GST Registration or/and Trade License and Bank A/c
4. Register Partnership Firm with State Authorities.
Time taken 15-20 Days.
*Pvt. Ltd Co. with all above 15-20 Days.
GOI has extended due date for furnishing GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020.
Also the new due date will now clash with Tax Audit date on 31st October.
#extendduedates#extendgstr9#GST
A MOU was signed between CBDT & Ministry of MSME on 20th July,2020 to facilitate seamless sharing of certain ITR related info by CBDT with MoMSME & enable it to check/classify enterprises in Micro,Small & Medium categories.This marks a new era of cooperation between CBDT &MoMSME.
Scandal-Hit Punjab National Bank Reports Rs 3,688 Crore Fraud
State-owned Punjab National Bank has reported a fraud of Rs 36.9 billion ($492 million) in NPA account of Dewan Housing Finance Ltd (DHFL) to the RBI.
https://t.co/veAnSXcZbb
#fraud#banking#npa#finance
Through this partnership, the two aim to push the frontiers of innovative food and beverage experience for momo as well as coffee lovers across India. Read on to know more: https://t.co/VPEyr3bUgj
Follow: #asvsllp#India#CCD#startup#partnership