CBDT Guidelines for ECOs on TDS u/s 194-O (Circular 20/2023)
CBDT has issued detailed guidelines regarding Tax Deduction at Source (TDS) u/s 194-O in the case of e-commerce operators (ECOs), vide Circular 20/2023.
Category: Updates
CBDT Notifies Revised Forms ITR-1 Sahaj & ITR-4 Sugam for AY 2024-25
CBDT has notified revised/new income tax return forms, ITR-1 Sahaj and ITR-4 Sugam, applicable for AY 2024-25, vide Notification 105/2024.
ICAI CPE Requirements Non-compliance Consequences from 2024
Key points of the ICAI's proposed new framework for consequential provisions regarding annual CPE compliance requirements beginning calendar year 2024.
GSTR-3B (Nov’23) Deadline Extended for 4 Tamilnadu Districts
CBIC extends GSTR-3B (Nov'23) filing due date upto 27th December, 2023 for taxpayers registered in Chennai, Tiruvallur, Chengalpattu, Kancheepuram (Tamilnadu).
CBDT Amends Rules 10TA, 10TD to Streamline ALP Determination/Safe Harbour Rules
CBDT notifies revised definition of the terms 'intra group loan' & 'operating expenses/income' and amends ALP determination rule 10TD to streamline certain transfer pricing issues.
CBIC Instruction 5/2023 Clarifies NOS Ruling Impact on Employee Secondments GST Liability
CBIC clarifies that examining facts in each overseas employee secondment case is required to determine GST implications, instead of mechanical application of NOS ruling by SC.
DIN/RFN Mandatory on All GST Notices/Communications to Taxpayers
The Delhi GST Department has mandated a computer generated unique DIN/RFN on all communications to taxpayers bringing transparency and eliminating fake notices.
206AB & 206CCA Compliance Verification for Tax Deductors Simplified
The Income Tax Department enabled a Compliance Check functionality to help tax deductors and collectors verify Specified Person status under 206AB & 206CCA. Learn how deductors can use PAN …
Linking Aadhaar with PAN: A Simplified Step-by-Step Guide
Learn how to link your PAN with Aadhaar through the Income Tax e-filing portal in simple pre-login and post-login processes. Understand linking fee, documents required, and check real-time status.
GST Amnesty Scheme Procedures: GSTN Advisory
GSTN advisory on procedure for one-time amnesty scheme for taxpayers who missed the deadline to file appeals against GST demand orders passed before March 31, 2023.