Tulsyan & Co.

Tulsyan & Co. is a premier Chartered Accountant firm in Jaipur, India. It was established in 2010 with a focus of providing quality service to its clients. Over a period of time, it has attained expertise in various fields.

It is providing accounting, taxation and related consultancy services to its clients in varied range of industries with the help of its fully equipped with the latest and hi-tech office equipment and a team of competent and experienced personnel.

It is committed to forming close associations with its clients, enabling it to understand their unique situation and customize its assistance to suits client's requirements. Its commitment to excellence is evident in its hardworking efforts and the exceptional service that it offers.

Change in due date for filing of return in FORM GSTR-4 for composition taxpayers from 30th April to 30th June.
Insertion of a functionality by a way of form GSTR-1A for taxpayers to amend / add particulars of GSTR-1 that is missed out for current tax period before filing GSTR-3B.
Time limit for claiming ITC under section 16(4) for tax paid under RCM is the financial year in which invoice is issued.
The GST Council recommends reducing the threshold for reporting B2C inter-State supplies invoice-wise in Table 5 of FORM GSTR-1 from Rs. 2.5 lakh to Rs. 1 lakh.
GST reduced from 18% to 12% on cartons, boxes, and cases of both corrugated and non-corrugated paper or paper-board.
The GST Council has recommended a sunset clause starting April 1, 2025, which would cease the acceptance of any new applications related to anti-profiteering.
The GST Council has recommended setting monetary thresholds for the Department to file appeals. The proposed limits are 20 lakh for Appellate Tribunal, 1Cr for High Court and 2Cr for Supreme Court.
The GST Council has recommended waiving interest and penalties for demand notices issued under Section 73 of the CGST Act for the fiscal years 2017-18, 2018-19, and 2019-20.
Last date of payment of amount under Vivad se Vishwas (with additional amount) has been notified as 31st October, 2021.
Central Board of Direct Taxes has issued a new functionality “Compliance Check for Sections 206AB & 206CCA”
To reduce interest burden on taxpayers, GST Council recommends that no interest u/s 50 of CGST Act be charged for delayed return filing on the amount available in the Electronic Cash Ledger.
Irregular trading of shares with less frequency is an investment activity; resultant profit is capital gain
TDS obligation arose even if hire charges were paid through settlement of accounts without actual cash payments
Liberalised Remittance Scheme (LRS) for resident individuals-Increase in the limit from USD 75,000 to USD 125,000
Foreign investment in India – participation by registered FPIs, SEBI registered long term investors and NRIs in non-convertible/redeemable preference shares or debentures of Indian companies.

The Website is updated upto 07.03.2013 and the information provided is same as per the ICAI's records.