Submission of GSTR 3B monthly return for the months of February 2020, March 2020, April 2020

Ujjwal Mukhopadhyay -
Return Annual turnover in the previous Financial Year Months relating to Original due date Last date without late fee or interest, as applicable GSTR – 3B (Monthly) Less than Rs.1.5 crore February 2020 22nd# or 24th of next month## 30th Jun 2020^ March 2020 3rd Jul 2020^ April 2020 6th Jul 2020^ From Rs.1.5 crore to Rs.5 crore February 2020 22nd# or 24th of next month## 29th Jun 2020^ March 2020 29th Jun 2020^ April 2020 29th Jun 2020^ More than Rs.5 crore February 2020 20th Mar 2020 24th J...
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Recent Changes from Financial Year 2018-19 in computationof Long Term Capital Gain on Equity and Equity oriented and Equity oriented fund

Ujjwal Mukhopadhyay -

The cost of acquisitions of equity  and equity oriented fund acquired by the taxpayer before 1st February 2018, shall be deemed to be the higher of following:

 a)  The actual cost of acquisition of such asset; or

 b)  Fair market value or actual sales consideration whichever is lower.

The Fair market value of equity share shall mean its highest price quoted on the stock exchange on January 31, 2018. 

While in case of units which are not listed on recognized stock exchange, the net asset value of such units as on January 31, 2018 shall be deemed to be its FMV.

 some examples.

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Accounting for turnover of travel agents and treatment of reimbursable expenses

Ujjwal Mukhopadhyay -
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Submission of GSTR 3B monthly return for the months of February 2020, March 2020, April 2020

Ujjwal Mukhopadhyay -
Return Annual turnover in the previous Financial Year Months relating to Original due date Last date without late fee or interest, as applicable GSTR – 3B (Monthly) Less than Rs.1.5 crore February 2020 22nd# or 24th of next month## 30th Jun 2020^ March 2020 3rd Jul 2020^ April 2020 6th Jul 2020^ From Rs.1.5 crore to Rs.5 crore February 2020 22nd# or 24th of next month## 29th Jun 2020^ March 2020 29th Jun 2020^ April 2020 29th Jun 2020^ More than Rs.5 crore February 2020 20th Mar 2020 24th J...
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