TDS Due Dates of FY 2020-21 for TDS Return Filing

TDS Due Dates of FY 2020-21 for TDS Return Filing Quarter Period Last Date of Filing 1st Quarter 1st April’20 to 30th June’20 31st March 2021 2nd Quarter 1st July’20 to 30th September’20 31st March 2021 3rd Quarter 1st October’20 to 31st December’20 31st Jan 2021 4th Quarter 1st January’20 to 31st March’21 31st May Read more about TDS Due Dates of FY 2020-21 for TDS Return Filing[…]

 ESI

 ESI ESI means ‘Employees State Insurance’. It is Social Security to the all-employee of an organization.  ESI Registration offers monetary and medical benefits to Employees in a case of sickness, maternity, and employment injury and to make provisions for related matters. The Employees’ State Insurance Act, 1948 provides an integrated need based social insurance scheme. Read more about  ESI[…]

GST SET OFF RULES

GST Set Off Rules: GST set off rules tell us that how to utilise input tax credit for payment of output IGST, output CGST and output SGST Old GST Set Off Rules- up to 01.02.2019 The following sequences were required to be maintained up to 01.02.2019 IGST LIABILITY CGST LIABILITY SGST LIABILITY IGST CREDIT CGST Read more about GST SET OFF RULES[…]

ESI and PF Entry in Books

1) Salary A/C Dr To Salary Payable A/C TO Employee’s ESI Contribution A/C (Liabilities) TO Employee’s PF Contribution  A/C (Liabilities) 2) Co.’s ESI Contribution A/C (Expenses for Company) Co’s PF Contribution A/C (Expenses for Company To Co’s ESI Contribution A/C (Liabilities) To Co’s PF Contribution A/C (Liabilities) 3) Employee’s ESI Contribution A/C Dr (Liabilities) Employee’s Read more about ESI and PF Entry in Books[…]

How to file GSTR 1

How to file GSTR 1 Access the www.gst.gov.in URL. The GST Home page is displayed. Login to the GST Portal with valid credentials i.e. your userid and password The File Returns page is displayed. Select the Financial Year & Return Filing Period (Month) for which you want to file the return from the drop-down list. Read more about How to file GSTR 1[…]