Friday, 29 December 2017

Govt. extends deadline for furnishing GSTR-1 to January 10

Central Govt. extends the deadline for furnishing Form GSTR-1; Accordingly, registered persons having aggregate turnover of upto Rs. 1.5 Cr can furnish return by January 10th for the period ‘July to September’, by February 15th for ‘October to December’, and by April 30th for ‘January to March’ period; On the other hand, registered persons having aggregate turnover of more than Rs. 1.5 Cr shall furnish returns as follows – by January 10th for ‘July to November’, by February 10th for ‘December’, by March 10th for ‘January’, by April 10th for ‘February’, and by May 10th for ‘March’ : Finance Ministry Notifications 

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Bombay High Court Clarifies Tax Exemption Eligibility for Venture Capital Funds

  In a significant ruling, the Bombay High Court has reaffirmed that a Venture Capital Fund (VCF) registered with SEBI is entitled to claim ...