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Vishnu Daya & Co LLP > Newsletter (Page 12)
08 September
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Due Date for Payment of 2nd Instalment of Advance Tax is 15th September 2023 for AY 2024-25

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in NewsletterAlerts

This is to bring to your kind attention that the due date for payment of 2nd instalment of advance tax for the financial year 2023-24 is 15.09.2023. Kindly take necessary actions to make the payment within the due date. For taxpayers opting for Presumptive Taxation Scheme under section 44AD & 44ADA, 100% advance tax need to be paid before 31st March 2024 (4th Quarter) and hence no requirement of making payment in instalments. Kindly let us know for any help or clarifications in this regard. ...

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28 August
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IEC Updating requirement _ Notification 58/2015-2020

Posted by Vishnu Daya
in NewsletterAlerts

Please note that the DGFT has issued a notification with respect to ‘requirement for renewal of IEC’ each year. Accordingly, An IEC holder has to ensure that the details in its IEC is updated electronically every year, during April-June period. In cases where there are no changes in IEC details, the same need to be confirmed by the IEC holder online. Further, please note that if the IEC is not updated/confirmed that there are no changes within the above time line, such IEC shall be de-activated by the DGFT. Further such deactivated IEC may be activated with penalty. In case...

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12 July
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Recommendations of 50th GST Council Meeting

Posted by Vishnu Daya
in NewsletterAlerts

GST Council had it’s 50th Meeting on 11.07.2023. Pursuant to the meeting, several proposals have been made. Some of the key proposals are given below: 1. Recommends Casino, Horse Racing and Online gaming to be taxed at the uniform rate of 28% on full face value. 2. Recommends notification of GST Appellate Tribunal by the Centre with effect from 01.08.2023. 3. Clarification to be issued that services supplied by a director of a company to the company in his private or personal capacity such as supplying services by way of renting of immovable property to the company or body corporate are not taxable under...

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Vishnu Daya & Co LLP is a Professional Services Firm under which dedicated professionals have developed core competence in the field of audit, financial consulting services, financial advisory, risk management, direct and indirect taxation services to the clients.

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Vishnu Daya & Co LLP

Chartered Accountants
GF 7 & 3rd Floor,Karuna Complex
No. 337, Sampige Road, Malleshwaram
Bangalore - 560003

Phone: +91-80-23312779
Fax: +91-80-23313725

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