{"id":5723,"date":"2019-04-04T18:29:20","date_gmt":"2019-04-04T12:59:20","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=5723"},"modified":"2021-12-08T12:07:18","modified_gmt":"2021-12-08T06:37:18","slug":"corporate-and-professional-updates-on-4th-april-2019","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-4th-april-2019\/","title":{"rendered":"Corporate and Professional Updates on 4th April 2019"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69ea8df650167\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69ea8df650167\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-4th-april-2019\/#Corporate_and_Professional_Updates_on_4th_April_2019\" title=\"Corporate and Professional Updates on 4th April 2019\">Corporate and Professional Updates on 4th April 2019<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-4th-april-2019\/#Direct_Tax_Updates\" title=\"Direct Tax Updates:\">Direct Tax Updates:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-4th-april-2019\/#Indirect_Tax_updates\" title=\"Indirect Tax updates:\">Indirect Tax updates:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-4th-april-2019\/#Other_Updates\" title=\"Other Updates:\">Other Updates:<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-4th-april-2019\/#Key_Due_Dates\" title=\"Key Due Dates:\">Key Due Dates:<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_and_Professional_Updates_on_4th_April_2019\"><\/span>Corporate and Professional Updates on 4th April 2019<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Direct_Tax_Updates\"><\/span><a href=\"https:\/\/www.caindelhiindia.com\/blog\/popular-faq-on-direct-indirect-tax-corporate-regulatory-matters\/\"><strong><em><span style=\"text-decoration: underline;\">Direct Tax Updates:<\/span><\/em><\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img decoding=\"async\" src=\"https:\/\/www.thebetterindia.com\/wp-content\/uploads\/2018\/04\/ITT.jpg\" alt=\"Image result for hd pics on direct tax\" \/><\/p>\n<ul>\n<li style=\"text-align: justify;\">India and US will be signing an information-sharing agreement before the end of the fiscal year. Companies headquartered in the US but having operations and\u00a0taxability in India now need not file country-by-country (CbC) reports in India, according to a pact signed between <a href=\"https:\/\/carajput.com\/income-tax-services.php\">India\u2019s tax<\/a> department and the US<\/li>\n<li style=\"text-align: justify;\">In a press release, the Central Board of Direct Taxes (CBDT) has clarified that for such international companies, filing CbC reports in the US would be\u00a0\u00a0These would then be shared with the Indian tax authority, the CBDT, under an information-sharing agreement which will be signed between the countries before\u00a0the end of the fiscal year. This will reduce the compliance burden on firms. The deadline for furnishing the CbC report was earlier extended.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Indirect_Tax_updates\"><\/span><strong><span style=\"text-decoration: underline;\">Indirect Tax updates:<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/4.bp.blogspot.com\/-5xQqGNJBzCM\/WXXCDermE0I\/AAAAAAAABEg\/D1IhkbnCWGsXOhREnzGq11f5j9afi8FfACLcBGAs\/s1600\/GST.jpg\" alt=\"Image result for hd pics on indirect tax\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li>If any invoices have been skipped to be entered, you can simply enter them in respective columns, along with the current month\u2019s invoices, entering the original Invoice dates.<\/li>\n<li>Amendments in B2B: These can be done thru Table No. 9A of <a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR-1<\/a>. You need to select the year FY 2017-18, enter the invoice number, and make appropriate amendments after clicking on \u2018Amend Invoice\u2019, under tab \u2018Uploaded by Taxpayer\u2019<\/li>\n<li>An Amendments in Exports: These can be done thru Table No. 9A of GSTR-1. You need to select the year FY 2017-18, enter the invoice number, and make appropriate amendments after clicking on \u2018Amend Invoice\u2019, under the tab \u2018Uploaded by Taxpayer\u2019<\/li>\n<li>Amendments in B2C Large: These can be done thru Table No. 9A of GSTR-1. You need to select the year FY 2017-18, enter the invoice number, and make appropriate amendments after clicking on \u2018Amend Invoice\u2019, under the tab \u2018Uploaded by Taxpayer\u2019<\/li>\n<li>A Amendments in B2C Small: These can be done thru Table No. 10 of <a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR-1<\/a>. You need to select the year FY 2017-18, enter the relevant month and Original Place of Supply (POS), and make appropriate amendments after clicking on \u2018Amend Details\u2019<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Other_Updates\"><\/span><strong><em><span style=\"text-decoration: underline;\">Other Updates:<\/span><\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li>Banks can now refer defaulters to NCLT.<\/li>\n<li>BlackRock begins its biggest organizational overhaul in years.<\/li>\n<li>Britain to seek further delay to Brexit: Theresa May.<\/li>\n<li>SC order on RBI circular negative for banks may defer debt resolution.<\/li>\n<li>Rel Jio transfers fiber and tower infrastructure to InvITs.<\/li>\n<li>The tea board fixes \u20b998\/kg as the green leaf price for April.<\/li>\n<li>NTPC\u2019s installed capacity at 55,126 MW.<\/li>\n<li>MG Motor India is in talks with payment gateways.<\/li>\n<li>EU drags India to WTO over import duties on ICT products.<\/li>\n<li>Security Exchange Board of India issues circular on the appointment of administrators.<\/li>\n<li>Insolvency law\u2019s objective is a reorganization of defaulting firms, not the recovery of dues.<\/li>\n<li>Titan increases stake in CaratLane with Rs 99.99 cr investment.<\/li>\n<li>Shapoorji Pallonji Infra sells 194 MW solar portfolios to Spring Energy.<\/li>\n<li>Aurobindo Pharma, Lupin recall drugs in US market.<\/li>\n<\/ul>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Key_Due_Dates\"><\/span><strong><em><span style=\"text-decoration: underline;\">Key Due Dates:<\/span><\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul style=\"text-align: justify;\">\n<li><strong><em><span style=\"text-decoration: underline;\">10-04-2019 &#8211; <\/span><\/em><\/strong>GSTR 8 for E-Commerce operators for the m\/o March 2019.<\/li>\n<li><strong><em><span style=\"text-decoration: underline;\">10-04-2019<\/span><\/em><\/strong> &#8211; Filing GSTR-7 (for assessee who is required to deduct TDS under GST) for the m\/o March 2019.<\/li>\n<li><strong><em><span style=\"text-decoration: underline;\">11-04-2019<\/span><\/em><\/strong> &#8211; GSTR-1\u00a0for the month of March 2019 for taxpayers with Annual Aggregate turnover\u00a0More than\u00a01.50 Crore.<\/li>\n<li><strong><em><span style=\"text-decoration: underline;\">13-04-2019<\/span><\/em><\/strong> &#8211; GSTR-6 for Input Service Distributor.<\/li>\n<li><strong><em><span style=\"text-decoration: underline;\">18-04-2019<\/span><\/em><\/strong> &#8211; Quarterly return for taxpayers opting for\u00a0Composition Scheme(GSTR-4)<\/li>\n<li><strong><em><span style=\"text-decoration: underline;\">20-04-2019<\/span><\/em><\/strong> &#8211;\u00a0GSTR-3B\u00a0for the m\/o March 2019.<\/li>\n<li><strong><em><span style=\"text-decoration: underline;\">30-04-2019<\/span><\/em><\/strong> &#8211; GSTR-1\u00a0for the quarter ending March 2019 for taxpayers with Annual Aggregate turnover\u00a0upto than\u00a01.50 Crore.<\/li>\n<li><strong><em><span style=\"text-decoration: underline;\">14-04-2019<\/span><\/em><\/strong> &#8211; Issue of TDS Certificate for tax deducted under section 194-IA\/194-IB in m\/o Feb&#8217;19.<\/li>\n<li><strong><em><span style=\"text-decoration: underline;\">30-04-2019<\/span><\/em><\/strong> &#8211; Deposit of TDS\/TCS for m\/o March 2019.<\/li>\n<li><strong><em><span style=\"text-decoration: underline;\">30-04-2019<\/span><\/em><\/strong> &#8211; Due date for uploading declarations received from recipients in Form. 15G\/15H during the quarter ending March, 2019.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Corporate and Professional Updates on 4th April 2019 Direct Tax Updates: India and US will be signing an information-sharing agreement before the end of the fiscal year. Companies headquartered in the US but having operations and\u00a0taxability in India now need not file country-by-country (CbC) reports in India, according to a pact signed between India\u2019s tax &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150,1,15],"tags":[7369,893,6114,558,7393,7365],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5723"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=5723"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5723\/revisions"}],"predecessor-version":[{"id":19588,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5723\/revisions\/19588"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=5723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=5723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=5723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}