Government

Reverse Charge Mechanism under GST

Reverse Charge Mechanism Under GST Regime

Under the GST laws, usually the supplier of goods or services pays the tax on supply. But under the Reverse Charge Mechanism, the receiver of the goods is liable to pay the taxes.

Income Tax Compliance Calendar August, 2021

Compliances Due Dates: Income Tax, August 2021

Income Tax due dates are notified by Central Board of Direct Taxes for each month. Non-compliance of the various filing can lead to heavy penalties. The due date for compliances in August, 2021 are as follows: