Home » Uncategories » Daily Tax Updates || GST regime. The most common used return will be GSTR 1, 2, 3, 4 & 9. GSTR .....|| CBDT launches operation...

Daily Tax Updates || GST regime. The most common used return will be GSTR 1, 2, 3, 4 & 9. GSTR .....|| CBDT launches operation...

Tax Updates:
Dated May 18, 2017


1. There are multiple returns under the GST        regime. The most common used return            will    be GSTR 1, 2, 3, 4 & 9. GSTR 1,          GSTR 2 & GSTR 3 will be submitted by        all businesses on a monthly basis. GSTR        4 is submitted on a quarterly basis and            GSTR 9 on an Annual Basis.

2. Cabinet approves signing of the Multilateral Convention to Implement Tax Treaty               Related Measures to Prevent Base Erosion and Profit Shifting by India.
   
3. CIT couldn’t deny revision application filed by assessee merely on ground that no order     was passed by A.O.: HC

4. CBDT launches operation clean money portal to increase awareness about tax                     compliance.

5. No TDS on payment made by KPMG to its mutual concern outside India as one can’t         make profit out of itself.

6. Income tax base expands by 9.1 million after demonetization.

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Thanx & Regard 

Neeraj Choudhary
M.No -9711155069
Email -nrjchoudhary3@gmail.com



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