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Rent agreement format

Sample rent agreement format for residential house or commercial property. Rent agreement is the written agreement between landlord and tenant which lays down the details such as rental amount, duration of agreement etc.

E-invoicing under GST to be implemented from 01.10.2020 – Notification

Central board of indirect taxes and customs has deferred the implementation date of e-invoicing under GST. Now e-invoicing will be implemented from 01.10.2020.

Relaxation in filing form GST CMP-08 – Notification

CBIC vide notification, exempt casual taxable person from filing GST CMP-08 and GSTR-1 for the FY 2019-20, who have filed GSTR-3B and paid the tax accordingly.

Special procedure to be followed by IRP or RP under GST – Notification

CBIC has prescribed special procedure to be followed by IRP or RP appointed under IBC 2016. This procedure to be followed from the date of appoinment of IRP or RP till the period they undergo the corporate insolvency resolution process.

Vivad Se Vishwas Scheme 2020 – Rules

The Direct Tax Vivad se Vishwas Scheme, 2020 provides an option to taxpayers to settle their disputed tax and provide a resolution for matters connected therewith or incidental thereto.

Vivad Se Vishwas Scheme 2020 – Act

The Direct Tax Vivad se Vishwas Act, 2020 provides an option to taxpayers to settle their disputed tax and provide a resolution for matters connected therewith or incidental thereto.

Board Resolution for appointment of cost auditor

Sample board resolution format for appointment of cost auditor in word and pdf format. This resolution authorised directors to appoint cost auditor and decide remuneration of cost auditor.

Value of lottery ticket under GST

Central board of indirect taxes and customs vide notification issued on 02.03.2020 has amended Central Goods and Services Tax rules for valuation of lottery.

Foreign companies are exempt from filing reconciliation statement in form GSTR-9C

CBIC vide notification issued on 16.03.2020 has exempt foreign companies from furnishing annual reconciliation statement under GST in form GSTR-9C.

Relaxation in physical presence in board meeting due to corona virus

Due to corona virus, MCA has given relaxation in holding of board meeting with physical presence of director. Now companies can held board meetings through video conferencing or other audio visual means.