An ONLINE Advisor for Tax Computation and Return Preparation with Provisions, Procedures, formats, slide shows etc. explaining in details the compliance procedures.

An ONLINE Accounting Solution which eliminates the shifting of records and persons from one place to another and allows to do accounting from anywhere and at anytime.

An ONLINE Tax Assistant along with your compliance diary displaying your tax compliances done and to do and tools to comply with your pending things.

GST ITC Adjustment New Rule
ITC ALLOWABILITY AS PER NEW RULE 36(4)

[ Applicable w.e.f. 1st January 2021 ]


Details of ITC as per GSTR-2B and Books

  IGST CGST SGST Cess
   (1) ITC as per Books
   (2) ITC as per GSTR-2B
   (a) ITC relating to Current Period
      [out of (2) above]    
   (b) ITC relating to Earlier Period  [out of (2) above]
            (i) Period 1
            (ii) Period 2
            (iii) Period 3
   (3) ITC unclaimed of Earlier Period [relating to period covered in  (2)(b) due to restriction of 5% or 10%]
            (i) Period 1
            (ii) Period 2
            (iii) Period 3

 

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An ONLINE Advisor for Tax Computation and Return Preparation with Provisions, Procedures, formats, slide shows etc. explaining in details the compliance procedures.

An ONLINE Accounting Solution which eliminates the shifting of records and persons from one place to another and allows to do accounting from anywhere and at anytime.

An ONLINE Tax Assistant along with your compliance diary displaying your tax compliances done and to do and tools to comply with your pending things.