{"id":5771,"date":"2019-05-04T21:26:10","date_gmt":"2019-05-04T15:56:10","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=5771"},"modified":"2021-12-08T12:18:05","modified_gmt":"2021-12-08T06:48:05","slug":"corporate-and-professional-updates-on-4th-may-2019","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-4th-may-2019\/","title":{"rendered":"Corporate and Professional Updates on 4th May 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-69e1b33b7a0b5\" 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-69e1b33b7a0b5\"  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-may-2019\/#Corporate_and_Professional_Updates_on_4th_May_2019\" title=\"Corporate and Professional Updates on 4th May 2019\">Corporate and Professional Updates on 4th May 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-may-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-may-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-may-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-may-2019\/#Key_Due_Dates\" title=\"Key Due Dates:\">Key Due Dates:<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><\/h2>\n<h2><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/ddnews.gov.in\/sites\/default\/files\/note-ban.gif\" alt=\"Related image\" width=\"900\" height=\"450\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_and_Professional_Updates_on_4th_May_2019\"><\/span>Corporate and Professional Updates on 4th May 2019<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Direct_Tax_Updates\"><\/span><span style=\"color: #000000;\"><a style=\"color: #000000;\" 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><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"text-align: justify;\">CBDT released data that after clocking steep growth of 25% in the three years to FY18, the number of taxpayers filing income-tax e-returns saw a marginal contraction in FY19. In FY19, only 6.68 crore returns were filed online, 1% lower than 6.74 crore filed in FY18.<\/li>\n<li style=\"text-align: justify;\"><a href=\"https:\/\/carajput.com\/income-tax-services.php\">Income tax<\/a> department has released the software utility in excel format for filing ITR2 for FY2018-19. It is to be used by individuals having capital gains or more than one house property but not by those individuals having income from business and profession.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Indirect_Tax_Updates\"><\/span><strong><em><span style=\"text-decoration: underline;\">Indirect Tax Updates:<\/span><\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/s3-ap-southeast-1.amazonaws.com\/p2swebsite\/images\/smeKhabar\/news\/GSTrefunds11thOct._1539259595228_65.png\" alt=\"Related image\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li><a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR-9<\/a> is merely a compilation of data filed in GSTR-3B and GSTR-1. As per the instructions of the form GSTR-9, it is stated that information of outward supplies \u2018may\u2019 be derived from Form GSTR 1. Hence, so far as Outward supplies and tax payable in the <a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">annual return<\/a> is concerned, the same are to be extracted from Form GSTR 1 only.<\/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>Almost 1 million being evacuated as Cyclone Fani nears India<\/li>\n<li>Samsung to make more in India, invest Rs 2,500 cr<\/li>\n<li>PMO reviews 59-minute loan scheme, Rs 37,870 crore disbursed<\/li>\n<li>CIL plans 530 mn tonnes of fuel for power plants in FY20<\/li>\n<li>PNB Housing Finance to mop up $1 billion from foreign markets<\/li>\n<li>Air traffic growth hits 5-yr low in FY19 at 11.6%; cargo at 6%<\/li>\n<li>Amrapali&#8217;s lawyers given flats &amp; penthouses: Forensic auditors to SC<\/li>\n<li>Kamdhenu Ltd net profit up 43% to Rs 22 crore in FY19<\/li>\n<li>Shapoorji Pallonji Real Estate partners with Lokhandwala Infra.<\/li>\n<li>NBFC crisis may push up borrowing costs for real estate developers<\/li>\n<li>Centre&#8217;s tax revenue at Rs 13.2 trillion in FY19, missed target by 11%<\/li>\n<li>Rs 7 trillion of corporate papers downgraded since start of IL&amp;FS fiasco<\/li>\n<li>Two-wheeler sales fall in April as makers avoid stockpiling at dealerships<\/li>\n<li>Agritech start-up Ninjacart may tie up with supermarkets for groceries<\/li>\n<li>Tata Power Q4 net profit drops 92%; declares dividend of Rs 1.30 per share<\/li>\n<li>India again postpones US tariffs on high-value goods with eye on GSP<\/li>\n<li>Govt plans to reduce GST rate and basic customs duty on gold<\/li>\n<li>Chanda Kochhar misled RBI on $365 million loan to Essar group firm despite red flag.<\/li>\n<li>Demonetisation effect wanes, income tax returns shrink in FY19<\/li>\n<li>Slowdown in India\u2019s economy, growth may ease to 6.5% in Q4FY19.<\/li>\n<li>Dvara KGFS raises Rs 97 crore in Series E round<\/li>\n<li>Bandhan Bank Q4 net soars 68%, asset quality improves<\/li>\n<li>Buybacks, IPOs, strategic deals lead disinvestment process in FY19<\/li>\n<li>Dabur India posts 6% decline in Q4 profit<\/li>\n<li>TechM to deploy blockchain solution to curb spam calls<\/li>\n<li>Axis RERA Fund invests Rs 60 crore in Chennai\u2019s Akshaya Group<\/li>\n<li>India eyes Guyana as Iran oil supplies end.<\/li>\n<li>CLP may buy Morgan Stanley\u2019s wind assets<\/li>\n<li>Tesla plans to raise $2 billion from stock, bond offerings<\/li>\n<li>Bombay Dyeing posts net profit of \u20b91,253.33 crore in March quarter<\/li>\n<li>BSE to conduct mock trading session for various segments on May 4<\/li>\n<li>TPG\u2019s Asia Healthcare agrees to buy Nova IVI.<\/li>\n<li>Hindustan Zinc Q4 profit falls over 19% at \u20b92,012 crore<\/li>\n<li>Standard Life to sell 1.78% stake in HDFC Life for \u20b91,404 crore<\/li>\n<li>JSW enters paints business with \u20b9600 crore investment.<\/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>Payment of <a href=\"https:\/\/carajput.com\/tds.php\">TDS<\/a> Deducted in April is 7th May 2019.<\/li>\n<li>GSTR-1 Due Date for the month of April 2019 is 11th May 2019.<\/li>\n<li>GSTR-3B for the month of April 2019 is 20th May 2019.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Corporate and Professional Updates on 4th May 2019 Direct Tax Updates: CBDT released data that after clocking steep growth of 25% in the three years to FY18, the number of taxpayers filing income-tax e-returns saw a marginal contraction in FY19. In FY19, only 6.68 crore returns were filed online, 1% lower than 6.74 crore filed &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150,172,9,4,15],"tags":[7769,7837,7836,6771,7819],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5771"}],"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=5771"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5771\/revisions"}],"predecessor-version":[{"id":19589,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5771\/revisions\/19589"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=5771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=5771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=5771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}