June 2026 Important Due dates | Income Tax | GST | MCA | Other Law
Income Tax / GST

June 2026 Important Due dates | Income Tax | GST | MCA | Other Law

June 2026 Compliance Calendar | Shahnawaz & Associates Tax Year 2026–27 / Assessment Year 2027–28 Compliance Tracker June 2026 demands extensive statutory dedication as companies navigate the full operational adoption of the Income Tax Act, 2025 alongside standard indirect tax cycles. Planning and alignment prevent systematic friction. Prepared by Shahnawaz & Associates, this tracking guide maps modern form shifts to traditional references to protect organizations against operational defaults. 7 Due on 7th June TDS / TCS Payments 11 Due on 11th June GSTR-1 Outward Details 15 Due on 15th June…

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01/06/2026
Waiver of Late Fees for GST Annual Return
GST

Waiver of Late Fees for GST Annual Return

On January 23, 2025, the Central Board of Indirect Taxes and Customs (CBIC) issued a notification (No. 08/2025 – Central Tax) announcing a significant relief for GST taxpayers regarding late fees for filing annual returns.Key Highlights of the Notification:Late Fee Waiver for Certain Financial YearsThe government has waived the late fee charged for filing the annual return (Form GSTR-9) and the reconciliation statement (Form GSTR-9C) under Section 44 of the CGST Act. This waiver applies to the financial years:2017-182018-192019-202020-212021-222022-23Conditions for the WaiverTaxpayers must file the pending reconciliation statement in Form…

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24/01/2025
Big Relief for Taxpayers whose GST Number got canceled due to non Filing of GST returns
GST

Big Relief for Taxpayers whose GST Number got canceled due to non Filing of GST returns

Central Board of Indirect Tax and Customs (CBIC) vide Notification No 03/2023 dated 31/03/2023 provides Amnesty Scheme for GST Registered Person whose Registration got Canceled on or before 31/12/2022 due to non filing of GST Returns.As per normal provision under GST once the Registration Number got canceled, one can file a Revocation Request within 30 days from the date of order of cancellation. Further 30 + 30 days can be extended for such application if sufficient cause is shown and accepted. Once the above time is over, the only option…

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08/04/2023
GST AMNESTY SCHEME 2023
GST

GST AMNESTY SCHEME 2023

As per the latest recommendation by GST council and notification by CBIC, GST department has given much needed relief for the small Taxpayers and all taxpayers in general by reducing and waiving late fees for some of the important filings which are missed by many Filers.The amnesty scheme is active and valid between 01/04/2023 to 30/06/2023. Following are the few benefits for the taxpayers. Has Your GST Been Canceled and You Missed Filing Your Final Return? Amnesty scheme for Filing Final Return under GST Registration in Form GSTR 10 by…

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08/04/2023
How to file GST Registration – Process, Benefits and Penalty
GST

How to file GST Registration – Process, Benefits and Penalty

Overview of GST Registration GST was implemented in India with the intention of replacing many indirect taxes with a unified one. In addition to improving efficiency, GST facilitates collection due to its relatively simple nature.  Businesses with a yearly gross sales revenue of more than Rs. 40 lakhs* are needed to register for Goods and Services Tax (Rs 20 lakhs for North Eastern – All hilly states for sale of goods). If a service provider's annual revenue is beyond Rs.20 lakh (for regular category states) or Rs.10 lakh (for special…

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18/10/2022
Recommendations of GST Council are only recommendatory and not binding on Union and State: Supreme Court
GST

Recommendations of GST Council are only recommendatory and not binding on Union and State: Supreme Court

The Supreme Court has ruled that the central government and states have equal powers to legislate on the Goods and Service Tax (GST). As a result, the GST council must work together to reach a workable solution between the Centre and the States, according to the Supreme Court. In particular, the Court ruled that the GST Council's recommendations are not binding on states, but merely have persuasive value. "States and Centre can equally legislate on matters of GST. All recommendations of GST council is not binding on State legislature," the Supreme Court held. The Supreme…

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19/05/2022
GST Registration Services India: A Guide To GST
GST

GST Registration Services India: A Guide To GST

"A Guide to GST Registration Services India" is an article about the GST registration process, with an overview of the registration process. What is GST? GST is a comprehensive, indirect, multi-stage, and destination-based tax that would be levied on each value addition. Goods and services would be taxed at a variety of rates under the new tax code, including 0%, 5%, 12%, 18%, and 28%. Rough semi-precious and precious stones would be subject to a 0.25 percent tax. Gold would be subject to a 3% GST. GST would apply to…

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26/04/2022
GSTR-2B – GST ITC can be claimed or available only when reflected in GSTR 2A/2B wef January 01, 2022 :
GST

GSTR-2B – GST ITC can be claimed or available only when reflected in GSTR 2A/2B wef January 01, 2022 :

GSTR-2B : Hon’ble Finance Minister, Nirmala Sitaraman Ji, in budget 2021-22, proposed changes vide Finance Bill, 202, that amends the Central Goods & Service Tax Act, 2017 to incorporate a fresh condition for availing of ITC. The New Condition to avail ITC is as under : “It was been proposed to insert the new clause ‘(aa)’, after clause (a), in Section 16(2) of the CGST Act, that provides an additional condition to claim ITC based on GSTR-2A and newly introduced GSTR-2B, i.e., ITC on invoice or debit note can be availed…

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20/02/2022
Important of GST And Other Due Date Calendar Month Of October 2021
GST

Important of GST And Other Due Date Calendar Month Of October 2021

7-10-2021GST New Update! Due date for deposit of tax deducted/collected for the month of September, 2021.10-10-2021GSTR 7 - Summary of Tax Deducted at Source (TDS) and deposited under GST laws for the month of September 2021GSTR 8 - Summary of Tax Collected at Source (TCS) by e-commerce operators under GST law for the month of September 202111-10-2021GSTR 1 - Monthly filling for Assessee having Annual Turnover above Rs. 5 crores for the month of September 202113-10-2021GSTR 1 - Quarterly filling for Assessee having Annual Turnover upto Rs. 5 crores for…

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01/10/2021
Things to keep in mind while filing GSTR 1 and GSTR 3B for the month of September 2021
GSTR OWL
GST

Things to keep in mind while filing GSTR 1 and GSTR 3B for the month of September 2021

Return for the period of September is the last Return for making all the amendments & adjustments for the previous year. Suppose, for example for the year 2020-21, GSTR 3B and GSTR 1 is the last return for filling all the amendments of the transactions related to the period April 2020 to March 2021. The following actions has to be taken before filling GST Return for the month of September : Reconcile Sales Turnover reported in GSTR 1 with that of Books Reconcile Sales Turnover reported in GSTR 3B with…

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28/09/2021

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