Blogs by: Ishita

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    • Articles - Income Tax

    December 30, 2020 By Ishita Ramani

    • Income tax return
    • Late filing of income tax return
    • Penalty for late filing of income tax return

    Penalty for late filing of income tax return

    What would be penalty under section 234F of the Income Tax Act 1961? Important Update: Due date for ITR Filing extended The Finance Ministry has again extended various due dates for filing of Income Tax Returns and various audit reports […]

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    • Articles - Income Tax

    October 1, 2020 By Ishita Ramani

    • extension of due date of ITR Filing
    • Income tax return
    • Late filing of income tax return

    Extension of due date of income tax return filing for 2018-19

    Extension of due date of income tax return filing for 2018-19 Important Due date alert Last date of filing of ITR for FY 2018-19 was 31st July 2019 for persons who are not required to get their accounts audited. For […]

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    • Articles - Company Law

    December 24, 2019 By Ishita Ramani

    • Due date of INC 20A
    • INC-20A
    • Late filing of INC 20A

    INC 20A Commencement of Business Certificate late fees explained

    INC 20A Commencement of Business Certificate What is INC 20A? and who should file INC 20A? Companies registered after the commencement of the Companies (Amendment) Ordinance, 2018 in India and having a share capital is required to file for the [...]

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    • Income tax

    September 16, 2019 By Ishita Ramani

    • 2019-20
    • CII
    • Income tax
    • LTCG

    Cost Inflation Index for Financial Year 2019-20

    Cost Inflation Index for Financial Year 2019-20   Cost inflation index calculates the estimated rise in the cost of goods and assets year-by-year as a result of inflation. It is fixed by the central government in its official gazette to […]

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    • Articles - GST

    September 5, 2019 By Ishita Ramani

    • GST
    • GST rates

    GST Rate on Electric Vehicles and Electric Cars

    GST Rate on Electric Vehicles and Electric Cars Originally electric vehicles (EV) and their key accessories such as EV chargers and EV charging stations featured a GST rate of 18%. But, the 36th GST Council meeting held on the 27th July 2019 […]

• • • Articles - GST

    September 5, 2019 By Ishita Ramani

    • GST
    • GST rates

    GST on Used Cars

    GST on Used Cars Originally used cars featured the same rate of GST as well as compensation cess as applicable to new vehicles. However the rates were subsequently brought down in order to boost the used car market. The currently […]

• • • Articles - GST

    September 5, 2019 By Ishita Ramani

    • GST
    • GST rates

    GST Compensation Cess on Cars

    What is Compensation Cess in GST Act? Compensation cess is a type of charge levied on certain goods in addition to the applicable GST and it was introduced as part of the GST Act. Compensation cess is currently applicable to […]

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    • Articles - GST

    September 4, 2019 By Ishita Ramani

    • GST
    • GST rates

    Everything you need to know about GST on Commercial Vehicles

    GST on Commercial Vehicles. Commercial vehicles such as those designed for carrying passengers, goods or for agricultural use typically feature a GST on car in India and other vehicles are ranging from 12% to 28%. Before going through the GST […]

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    • Articles - GST

    September 4, 2019 By Ishita Ramani

    • GST
    • GST rates

    GST on car for personal use

    GST on car for personal use. Vehicles for personal use such as motor cars, motor vehicles and even bicycles feature GST ranging from 5% to 12%.   GST rate applicable to vehicles is 5% on carriages (motorized/non-motorized) for use by disabled […]