Extension in Income Tax Returns due dates

Considering the situation created due to the prevailing Coronavirus situation and the subsequent expected delays both in deployment of the income tax return preparation utilities and the calculation of the same, the Government has extended the due dates for Financial Year 2019-20 (Assessment Year 2020-21) to November 30, 2020 for filing of income tax returns […]

Due date extension for GST payments

Government has given certain extension and relief in interest liabilities for GST payments. Same is given in tabular form below: 1. Interest liability for filing Form GSTR-3B a. Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY Tax period(a) Interest not payable,if filed by(b) Date from which interest is payable@ 9% till date […]

How to draft an effective LLP Agreement?

An LLP Agreement is an agreement between the partners of the LLP regarding how to run a Limited Liability Partnership. Limited Liability Partnership Deed (“LLP Deed”) is the singular most important document governing the relationship between the partners, on one hand and between the Limited Liability Partnership (LLP) and each individual partner, on the other […]