NAVEEN ARYA

INCOME TAX RETURN DATE EXTENDED FOR A.Y. 2019-20 IS “ the 30th day of September, 2020”  

Documents Required for GST Registration #GST registration checklist #Documents Required for GST Registration GST registration checklist PAN Card of the Business and Applicant GST registration requires the PAN (Permanent Account Number) of the business and authorized signatories/applicant (Directors / Partners / Proprietor). Valid Indian Phone Number and Email address A valid mobile number and an email address of the Primary Authorized Signatory is required to be filled at the time of GST registration. Proof of Place of business Principal Place of Business is the primary location within the State where a taxpayer's business is performed where the business's books of accounts and records are kept. As a supporting document, keep following documents handy: Any document in support of the ownership of the premises such as Latest Property Tax Receipt or Municipal Khata copy or copy of Electricity Bill. Copy of the valid Rent / Lease Agreement/Consent letter (as applicable) For every a...

GSTR 9 and GSTR 9C Limit/Turnover/Due Date or Notification No. 41/2020 – Central Tax dated 5th May 2020 #About GSTR 9 and 9C #Who is Require to File GSTR 9 and 9C #Limits and Due dates of GSTR 9 and 9C #Notification No. 41/2020 – Central Tax dated 5th May 2020                           Requirement to File GSTR 9 and 9C The GSTR 9 is an  Annual Return  which has to be filed by all registered taxable persons under GST. The GSTR-9C is the GST  Audit Form  for a particular FY on or before 31st December. The reconciliation must also be certified by a CA. Eligibility to File GSTR 9   Prescribed in Rule 80 of under Section 44 of the CGST Act Turnover upto Rs. 2 Cr its optional but More than 2cr it is Mandatory Due date to File GSTR 9 for FY 18-19 on the basis of Notification No. 41/2020 – Central Tax dated 5th May 2020 is 30th Sep 2020. Notification Link https://www.cbic.gov.in/resources//htdocs-cbec/gst/...

Key Highlights of 40th GST Council Meeting #Key Highlights of 40th GST Council Meeting #40th GST Meeting #GST Press Release as on 12th June 2020 Recommendations of GST council related to Law & Procedure The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today . The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States & UTs and senior officers of the Ministry of Finance& States/ UTs. The GST Council has made the following recommendations on Law & Procedures changes. Measures for Trade facilitation: Reduction in Late Fee for past Returns: As a measure to clean up pendency in return filing, late fee for non-furnishing  FORM GSTR-3B  for the tax period from  July, 2017 to January, 2020  has been reduced / waived as under: - ‘NIL’  late fee if there is no t...

IEC Registration Documents #IEC_Registration_Documents #Doc._Required_for_IEC_Reg #IEC_Registration #Import_Export_Code #Import_Export_Code_Reg. IEC is required in the following situations/Why IEC Required To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number, unless specifically exempted.   Steps Involved in IEC (Import/Export Code) Registration Step 1: First, you need to prepare an application form in the specified format – Aayaat Niryaat Form no. 2A format and file it with the respective Regional office of DGFT. Step 2: Secondly, you need to prepare the required documents with respect to your identity & legal entity and address proof with your bank details & the certificate in respect of ANF2A. Step 3: One your application is completed, you need to file with DGFT via DSC (Digital Signature Certificate) and pay the required fee for the IEC Registration. Step 4: Finally, once your application is app...

Direct and Indirect taxation Advisory Direct Tax, Corporate Tax, Income Tax, Indirect Taxation -GST, Custom ♦ Direct Tax  Advisory Handling direct tax requirements, in an era of total uncertainty and confusion, could emerge as a big bother for corporates and especially for companies in the IT sector. Moreover, with the tax holiday available for STP Units having been removed with effect from April 1, 2011 and with MAT being levied on STP Units, most exporting units are now squarely coming under the tax net. You can look up to us for your requirements related to income tax services, direct tax services, direct taxation services, transfer pricing services, income tax assessments, income tax appeals, etc. ♦ Indirect Taxation Advisory Indirect taxes are the charges that are levied on goods and services. After the introduction of Goods & Service Tax (GST) and sweeping changes being made by the Government of India in the GST Law ever since it is introduced, it has become imperative th...

Company law Advisory Company law Advisory To deliver realistic and business oriented solutions to the procedural, regulatory and other compliance related issues. Our advisories are based on practical approach, experience in corporate legal issues and experience of dealing with the authorities/regulators. Our Services Includes  Incorporation of Company Obtaining aprovals from various department Secretarial compliances under Companies Act and other tax and securities laws Preparation and maintenance of statutory records and registers

Business Registration Public Limited Company, Private Limited Company, Limited Liability, Partnership (LLP), One Person Company (OPC), Partnership Registration, Sole Proprietorship ♦ Public Limited Company Are you willing to set up a Public Limited Company? Minimum 3 directors, Minimum 7 shareholders required and there is no limit on maximum shareholders of the company. ♦ Private Limited Company A Private Limited Company is the most popular type of corporate entity in India. It is registered as per the compliance and regulatory guidelines of the Ministry of Corporate Affairs (MCA).Minimum number of shareholders required to start a private limited company is two while the upper limit of members is 200 in accordance with the Companies Act,2013.There must be minimum two directors and maximum 15 directors for a private limited company and a director must be 18 years above in age.It is compulsory to add private limited (pvt ltd) to the name of a private limited company India. Minimum paid u...

Accounting is the systematic process of recording, analyzing and interpreting the financial transactions. By law, all businesses are required to submit their accounts to the Income Tax (IT) Department. We provide accurate and timely services full range of accounting, book writing services, quarterly updates and financial statement preparation services that include: Book-Writing Daily Online Access And Timely Reporting Via The Internet Payroll Reconciliation Checking Account Reconciliation Accounts Receivable/Payable Reconciliations Data Entry / Comparison of data from hard copy to soft copy and vice-versa Capital Planning And Investment Management Preparation of Management Accounts and Statutory Accounts. Separate Currency And Investment Gain/Loss Accounting Partnership Accounting Corporate Accounting We are Experience in Accounting ARYA N COMPANY has its core competence in Indirect taxes (Service Tax, Excise, Customs, VAT & other Indirect Tax levies). We provide all sort of accoun...