Articles by CA Rahul Mittal

Whether ITC to be reversed or not on the Goods destroyed due to lockdown ?

CA Rahul Mittal 15 June 2020 at 15:27

Many manufactures had given GST on the raw materials which are used to make the finished goods. Now the raw material has expired or gone bad.

Possibilities of errors & its solutions in GSTR-3B

CA Rahul Mittal 15 June 2020 at 08:47

There are possibilities of errors in GSTR-3B. Liability may be under/over-reported. ITC may be under/over-reported. Know-how such errors can be dealt with.

Due dates of Advance Tax for the FY 2020-2021

CA Rahul Mittal 15 June 2020 at 08:47

Apart from TDS and TCS, the Government collects taxes on a quarterly basis in the form of advance tax before the end of a financial year, ensuring constant flow of tax revenue during the year rather than at the year-end.

40th GST Council Meeting- Know what has changed?

CA Rahul Mittal 12 June 2020 at 22:08

40th GST Council Meeting. Late Fee for non-furnishing FORM GSTR 3B for the tax period July, 2017 to January, 2020 has been waived

Equalisation Levy: Applicability, Features and Penalty

CA Rahul Mittal 11 June 2020 at 13:58

Equalisation Levy: Applicability, Features and Penalty

Checklist for ITR-4 filing for AY 2020-21

CA Rahul Mittal 08 June 2020 at 10:07

ITR-4 for AY 2020-2021 has been notified on the e-filing portal. Every taxpayer shall file the income-tax return electronically except a super senior citizen (whose age is 80 years or above during the previous year 2019-20) who furnishes the return either in ITR-1 or ITR-4.