TaxVax.in-A Blog for the Accountants

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Rent Agreement Format in Word                              Kindly Make the Necessary Changes as per Your Requirements                                   RENT AGREEMENT This Rent Agreement is executed on 06 th Day of MXX 2018 between Sh. Axxx GxxxA s/o Sh Nxxx Kxxxx R/o Village & Post Office Gxxxx, Sxxxx (Haryana)-122103   (Here in after called the 1 st party)                                                              AND TXXXXXT IXXXA Through its Proprietor Sh . SXXXX CXXXXX     S/o Sh. Jxxxxxx Pxxxxx Cxxxxxx , R/o Nxxxx Sxxxxx Axxx Cxxxxx, Wxxxx No. 13, Sxxxx (Haryana) - 122103   ( Here in after called the 2 nd party / tenant). WHEREAS the 1 st party is the true owner of the property situated at Plot No. xxx, Gali No. x, Bxxx Ixxxxxxx Axxx, Gurugram (Haryana)-122001   WHEREAS the second party is desirous of taking on lease said property from the first party upon the terms and conditions hereinafter mentioned:- Now these prese

GST Council recommendation:  Summary of New Procedure for Filling GST Return Dear Friends, From the very first day, Trade & Industry is demanding Simplification in GST return filing and Default of the seller in payment of tax should not be imposed on buyer. In an extremely welcome move, GST Council has accepted it and recommended the drastic changes in GST Return filing Procedure which is compiled for you as under: 1. Only one monthly Return for all dealers. 2. Quarterly Return for some dealers like Composition dealer, NIL return. 3. No auto reversal of credit in case of non-payment by supplier and recovery of default from supplier except in few cases reversal to be imposed on buyer. 4. ITC based on supplier’s Invoice. 5. To be implemented as under: i) 1st Phase: Present System of return filing will continue till Oct., 2018. ii) 2nd Phase: New Return form to be introduced with the facility to claim ITC on provisional basis by buyer till next 6 month. iii) 3rd Phase: Facil

Govt . of India introduced huge cashback on payment made through BHIM App and Payment received through BHIM App. Link is here