Due dates for GST Annual Return and Reconciliation...

Due dates for GST Annual Return and Reconciliation Statement for FY 2018-19 Extended The Government has been receiving a number of representations regarding need to extend due date for filing Annual Return (FORM GSTR-9) and Reconciliation Statement (FORM GSTR-9C) for 2018-19 on the grounds that on account of the COVID-19 pandemic related lockdown and restrictions,...

Income tax due dates extended for the FY 2019-2020...

Income tax due dates extended for the FY 2019-2020 (AY 2020-21) On October 24, 2020 the Income Tax Department extended the due dates for various compliances for FY 2019-2020. The due date of furnishing Income Tax Returns(ITRs) for taxpayers whose accounts require to be audited has been extended to 31st, January, 2021. The due date...

Virtual AGMs – an essential pandemic initiat...

Virtual AGMs – an essential pandemic initiative According to Section 96 of the Companies Act 2013, all companies,except one-person companies, must hold their first annual general meeting (AGM) within nine months from the end of their financial year and subsequent AGMs within six months from the end of the next financial year, ensuring the time...

Extension of Annual General Meeting

Extension of Annual General Meeting for the financial year ended 31.03.2020 According to the Companies Act, 2013, all companies except one person company should hold an Annual General Meeting (AGM) within a period of six months from the end of each financial year. The exception to this is if the company is holding its first...

Incomplete information from clients a constant hur...

Incomplete information from clients a constant hurdle? One recurring issue practicing Chartered Accountants face is clients delaying to send information on time. Most meetings end with clients saying their team will forward the required details, but there’s always some vital information missing. Incomplete accounts delays your team and creates a large number of pending tasks....

Digital workflow management is transforming CA pra...

Digital workflow management is transforming CA practices, are you updated? New technology is transforming the way accountants around the world work, yet despite its capability to transform businesses the concept of digital workflow management still manages to mystify many in the accounting profession. – Automation is best applied on repetitive and assignable tasks, relieving accountants...

Are your employees overworked or feel underappreci...

Are your employees overworked or feel underappreciated? Employers and managers are faced with the dilemma of how to avoid overworked employees while aiming for optimum workforce utilisation. This is a thin line to thread, as underutilization of resources leads to ineffective teams.Overburdened employees are discontent and have no job satisfaction, leading to high attrition rate...

Prioritize your tasks to increase efficiency

Prioritize your tasks to increase efficiency Chartered accountants deal with hundreds of clients on a daily basis and the list of ongoing and pending works can run into thousands. While we all strive to achieve balance and ensure no task is left incomplete, sometimes it slips through the cracks. However, our mistakes can end up costing heavily...

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