Government has extended the due date for filing TDS return (Form 24Q) from 30th May 2019 to 30th June 2019 for all TDS deductors across India.
Established in the year 2015, we are a leading chartered accountancy firm based in Delhi rendering comprehensive professional services which include audit, accounting services, management consultancy, tax consultancy, secretarial services, etc.
Tuesday, 4 June 2019
Monday, 3 June 2019
Free Accounting and Billing Software for Enterprises with Annual Turnover upto Rs. 1.5 Cr.
Vide notification dated 28-05-2019 on www.gst.gov.in, GSTN Department provides free GST Billing and Accounting software. GSTN has partnered with some Billing and Accounting software vendors to provide this facilities.
Following are some FAQs.
FAQ1: WHO CAN USE THIS FACILITY?
Reply: This facility is available to the Micro, Small and Medium Enterprises with Annual Turnover under Rs. 1.5cr.
This software is also available for the active Normal taxpayers, SEZ Developers/SEZ Units and taxpayers who have opted for composition scheme under the GST regime.
This facility is available to the taxpayers for all States/UTs
FAQ2: WHAT IS THE USE OF THIS FACILITY?
Reply: This software allows a taxpayer to run his daily business by providing day to day billing and accounting features, alongwith facility for return filing for their GST related compliances.
Some of the free features being made available by all the vendors are Sale/ Purchase/ Cash ledger, Inventory management, Supplier/ Customer Masters, Generation of Invoices, Preparation of GST Returns etc.
These are available as a cloud based version as well as a downloadable version that installs on desktop or laptop for eight products to choose from.
FAQ3: IS THIS FACILITY IS ALWAYS FREE OF COST?
Reply: The software would be available free of cost to eligible taxpayers till 31.03.2021 or till the taxpayer’s annual turnover remains under Rs 1.5 Cr in a financial year, after which the taxpayers may have to pay a fee to the vendor.
For using features other than free features listed or using the software beyond the initial free period, the taxpayer may visit respective vendor product site to ascertain fee payable, if any.
FAQ4: IS THE GST DEPARTMENT HAS CONTROL OVER THIS SAOFTWARE?
Reply: The Accounting and Billing software is independent from GST Department and the GST department has no control over that software. GST Department does not collecting taxpayers' data from this software.
The taxpayer should read the terms and conditions of the software property before proceeding forward.
All queries/questions need to be taken up with the software vendors and NOT with GST Helpdesk.
FAQ4: HOW TO DOWNLOAD THIS SOFTWARE?
Reply: To download the accounting and billing software on the GST Portal, the taxpayer need to login to the GST Portal with valid credentials and navigate to Downloads > Accounting and Billing Software option.
The user manual and FAQs for the same and vendors providing software can be viewed at the following links:
Saturday, 1 June 2019
Compliance Due Dates Calendar for Month of June 2019
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DUE DATE
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STATUTORY ACT
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FORM NAME
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PARTICULARS
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07-06-2019
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Income Tax Act
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Challan 281
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Due date for deposit of Tax deducted for the
month of May 19.
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10-06-2019
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GST
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GSTR-7
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To be filed by the persons who is required to deduct TDS under GST
for the month of May 19.
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GST
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GSTR-8
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To be filed by the e-commerce operators required to deduct TDS under
GST for the m/o May 19.
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11-06-2019
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GST
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GSTR-1
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For taxpayers with
Annual Aggregate turnover is above Rs. 1.50/- Crore or opted to file monthly
Return for m/o May 19
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13-06-2019
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GST
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GSTR-6
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To be filed by Input Service Distributor for m/o May 19
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14-06-2019
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Income Tax Act
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Form 16B
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Due date for issue of TDS Certificate for tax deducted u/s 194-IA (TDS
on Immovable property) in m/o April 19
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Income Tax Act
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Form 16C
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Due date for issue of TDS Certificate for tax deducted under section 194-IB (TDS
on Certain Rent payment) in m/o April 19
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|
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15-06-2019
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Income Tax Act
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Challan 280
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First installment of advance tax for the
assessment year 2020-21
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Income Tax Act
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Form 24G
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Due date for furnishing of Form 24G by an office of Government where
TDS for m/o May 19 has been paid without production of a challan
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|
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Income Tax Act
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Form 16A
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Quarterly TDS certificates in respect of tax deducted for payments
other than salary for the quarter ending March 31, 2019
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Income Tax Act
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Form 16
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Certificate of tax deducted at source to employees in respect of
salary paid and tax deducted during Financial Year 2018-19
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Companies Act
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INC- 22A
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Filing of the particulars of the Company & its registered office by
every company incorporated on or before 31.12.17
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Challan
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ESIC Payment for m/o May 19
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||
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ECR
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PF Payment for m/o May 19
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||
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25-06-2019
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ECR
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PF Return filling for May 19 (including pension & Insurance
scheme forms
|
|
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30-06-2019
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Income Tax Act
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Form 26QB
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Due date for furnishing of challan-cum-statement in respect of tax
deducted u/s 194-IA in month of May 19
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|
Income Tax Act
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Form 26QC
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Due date for furnishing of challan-cum-statement in respect of tax
deducted u/s 194-IB in month of May 19
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|
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GST
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GSTR-9A
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Annual Return for FY
17-18 For Composition Tax Payer
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GST
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GSTR-9C
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Annual Return for FY
17-18 by registered person whose Annual Turnover for FY 17-18 is above Rs. 2
Cores (Annual Return + Audited Annual Accounts + Reconciliation Statement
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|
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GST
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ITC-04
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For Jul 2017 to March
19 for filing the details of goods or capital goods sent to job worker
and received back
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