CBIC Designates PTPFC for consent-based sharing of credit information
CBIC notifies "Public Tech Platform for Frictionless Credit (PTPFC)" for consent based sharing of taxpayers credit information through the common portal.
Author: Kewal Garg
Features of Revamped E-Invoice Master Information Portal: GSTN Advisory
GSTN has launched a revamped e-invoice master information portal with new features including PAN-based search, automatic e-invoice exemption list, etc.
Usage of Change Request Form (CRF) Deployed on V3 Portal of MCA-21
MCA has explained about the exceptional circumstances for usage of Change Request Form (CRF) deployed on V3 portal of MCA-21, vide General Circular 2/2024.
CBDT Order on Remission of Small Tax Demands as per Budget 2024
CBDT has issued Order dated 13/02/2024 regarding remission of tax demands of Rs 25,000 up to Ay 2010-11 and Rs 10,000 for AY 2011-12 to 2015-16.
LLP Forms BEN-2 & 4D Timeline Extended: MCA General Circular 1/2024
MCA has announced to relax the additional fees and has extended the last date for filing of LLP Forms BEN-2 and 4D up to 15/05/2024, vide General Circular 1/2024.
ICAI’s Revised SA 800, 805 & 810 (2024 Edition)
ICAI has released updated/revised (2024) edition of certain Standards on Auditing relating to Specialized Areas, i.e. SA 800, 805 & 810, on 7th February 2024.
Summary of Direct and Indirect Tax Proposals: Budget 2024-25
Summary of the direct and indirect tax proposals made in the Budget 2024-25 (Finance Bill 2024) presented by Smt Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs.
CBDT Notifies Revised Forms ITR-2, 3, 5 for AY 2024-25 and Amends Rule 12
CBDT has notified the revised Income-tax Return Forms ITR-2, 3 and 5 for the AY 2024-25 and has amended Rule 12 from 01/04/2024, vide Notification 19/2024.
CBDT Notifies Revised Form ITR-6 for AY 2024-25
CBDT has notified revised Income-tax Return Form ITR-6, under Section 139 of the Income Tax Act, 1961, applicable for the AY 2024-25, vide Notification 16/2024 effective from 01/04/2024.
GSTN Advisory on Furnishing Bank Account Details by Taxpayers
GSTN has issued advisory for registered taxpayers regarding mandatory requirement of furnishing of bank account details within 30 days of registration.