B J S And Associates

CA Apurv Shah

Fresh start for defaulting company / LLP

Fresh start for defaulting company / LLP

There is good news and golden opportunity for all Companies and LLPs to file all pending forms, Returns, Annual Accounts, statements including all pending Annual Returns pending for any number of years without additional fees or penalty or prosecution 1. Companies Fresh Strat Scheme, 2020 & LLP Settlement Scheme, 2020http://www.mca.gov.in/Ministry/pdf/Circular12_30032020.pdf – Companyhttp://www.mca.gov.in/Ministry/pdf/Circular13_30032020.pdf – LLP 2. MCA NEWS & IMPORTANT […]

Secretarial compliance

Secretarial compliance

1.     Form DPT-3 (Return of deposits or particulars of transaction not considered as deposit)2.     MSME Form I (Half yearly return on outstanding dues to micro or small enterprises suppliers)3.     Form DIR-3 KYC / DIR-3 KYC WEB (DIN KYC) Please note that due to COVID-19, Late filing fees will not be charged on these forms between 1st April, 2020 to 30th September 2020.  1. Form DPT-3: Return […]

Guide to registering your company as MSME

Guide to registering your company as MSME

Many benefits are given by Government to MSME. There are 6.3 crore MSME however only 1.3 crore are registered. Therefore, to enable smooth and quick MSME registration Step by step process to register as MSME in easy manner with the help of screen shot is given below. It also provides Checklist of details required to […]

Advantages of registering your company for the MSME Scheme

Advantages of registering your company for the MSME Scheme

Union Budget 2020 India: India watched with bated breath as Finance Minister Nirmala Sitharaman unveiled the budget for the year 2020-21 on February 1st 2020. “This is the Budget to boost the income of people of India and enhance their purchasing power”, she affirmed. After a year of economic slowdown, this budget is focused on […]

Due dates for various tax compliances for the month of June-2020 (with COVID19 relief)

Due dates for various tax compliances for the month of June-2020 (with COVID19 relief)

Due dates for various tax compliances in the month of June-2020 Due dates for compliance under Goods & Service Tax (GST) Dues dates for filling GSTR-3B for the months of February to May 2020. T/o in last FY Interest Charged February 20 March 20 April 20 May 2020 Category I: More Than 5 Crores Yes […]

Finance minister announcement on Stimulus Package (Part 1)

Finance minister announcement on Stimulus Package (Part 1)

The Prime Minister in his speech dated 12th May 2020 stressed on his agenda to stimulate growth and to build a self-reliant India. The whole initiative is called Atma Nirbhar Bharat Abhiyaan (Self Reliant India Mission). These initiatives would be based on the below 5 pillars: Economy Infrastructure Tech-driven systems Demography Demand The focus would […]

Due dates for various Tax compliances in the month of May-2020

Due dates for various Tax compliances in the month of May-2020

Due dates for various Tax compliances in the month of May-2020 Due dates for compliance under Goods & Service Tax (GST) The last date of filing GSTR-3B for the period of March-20 is 05/05/2020 for the taxpayers having turnover above Rs.5 crore. After 05/05/2020, interest @9% p.a. will be levied and no late fees. Further, […]

Income Tax, GST and MCA announcements /reliefs on 24th March 2020 for COVID-19 pandemic.

COVID-19 has hit almost all sectors of the economy. PM Modi has also announced a 21-day complete lockdown till 14th April 2020 to check the spread of COVID-19.   On the other hand, the Union FM Smt Nirmala Sitharaman has announced some reliefs for businesses to cope up with the difficult times of COVID-19. The […]

Amendment on Direct Tax made by Finance Bill 2020

Amendment on Direct Tax made by Finance Bill 2020

Unless otherwise stated, all the amendments are to be effective from April 1, 2021 i.e. the assessment year 2021-22 relating to the income of the financial year 2020-21 starting from 1st April, 2020. Amendments: Nearly, 104 amendments are made either by amending/omitting existing sections or by insertion of new sections. In this article, the amendments, […]