Extension in various Due Dates of Income Tax and GST

Extension of Due Date for Income Tax

Due date for furnishing of Tax Audit Report for the Assessment Year 2020-21 extended to 31st December 2020 from 31st October 2020 

Due date for furnishing of Form 3CEB for the Assessment Year 2020-21 extended to 31st December 2020 from 31st October 2020 

Due date for Submission of ITR for the Assessment Year 2020-21 extended to 31st December 2020, where tax audit is not applicable.

Due date for Submission of ITR for the Assessment Year 2020-21 extended to 31st January 2021, where tax audit is applicable.

Extension of Due Date for GST

GSTR Due dates for Annual Return and GST Audit - GSTR9/9A & GSTR9C for the financial year  2018-19 extended to 31st December 2020 from 31st October 2020.

Compiled by :

CA IP Mukesh Mittal

B.Com., FCA

Insolvency Professional

Independent Director

Certified Concurrent Auditor 

9215536951, 9813340495

ca.mukeshmittal@gmail.com

https://camukeshmittal.blogspot.com

DISCLAIMER: The Author have taken utmost care while drafting the article but it may occur that certain error creeps in. This article is for academic purpose and should not be treated as a professional advice. The readers are advised to refer the relevant bill, act, circular or notification before making any judgment. 

Extension in filing of GSTR-9 and GSTR-9C of Financial Year 2018-2019 from 30-09-2020 to 31-10-2020

GOVERNMENT HAS EXTENDED THE DUE DATE FOR FURNISHING OF ANNUAL RETURN IN  FORM GSTR-9 AND GSTR-9C FOR THE FINANCIAL YEAR 2018-2019 FROM 30TH SEPTEMBER 2020 TO 31ST OCTOBER 2020.

After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020.

REQUIREMENT OF FILING OF ANNUAL RETURN IN FORM GSTR-9 AND FORM GSTR-9C FOR THE FINANCIAL YEAR 2018-2019:

A. TURNOVER UPTO RS. 2 CRORE IN FINANCIAL YEAR 2018-2019:

FILING OF FORM GSTR-9 AND GSTR-9C ARE OPTIONAL.

B. TURNOVER EXCEEDING RS. 2 CRORE BUT UPTO RS. 5 CRORE IN FINANCIAL YEAR 2018-2019:

FILING OF FORM GSTR-9 IS MANDATORY BUT FILING OF FORM GSTR-9C IS OPTIONAL.

C. TURNOVER EXCEEDING RS. 5 CRORE IN FINANCIAL YEAR 2018-2019:

FILING OF FORM GSTR-9 AND GSTR-9C ARE MANDATORY.

Compiled by :

CA IP Mukesh Mittal

B.Com., FCA

Insolvency Professional

Independent Director

Certified Concurrent Auditor 

9215536951, 9813340495

ca.mukeshmittal@gmail.com

https://camukeshmittal.blogspot.com

DISCLAIMER: The Author have taken utmost care while drafting the article but it may occur that certain error creeps in. This article is for academic purpose and should not be treated as a professional advice. The readers are advised to refer the relevant bill, act, circular or notification before making any judgment. 

GST IN CASE OF GTA

GST in case of Goods Transport Agency (GTA)

It is a very complex situation to find out the applicability of GST in case of GTA. There is a huge confusion in understanding the GST in case of GTA. I have tried to make a diagram for applicability of GST in case of GTA.

GST in case of GTA

Please share your views on this diagram through comments on my Blog.

Prepared by :

CA IP Mukesh Mittal

B.Com., FCA

Insolvency Professional

Independent Director

Certified Concurrent Auditor

9215536951, 9813340495

ca.mukeshmittal@gmail.com

https://camukeshmittal.blogspot.com

Disclaimer: This diagram is prepared by CA IP Mukesh Mittal and all the rights are reserved for this diagram with CA IP Mukesh Mittal. This is only for personal knowledge and can not be claimed as legal opinion or any type of consultancy in this regard.