Category: Updates
The threshold limit for deduction of TDS under Section 194A of the Income Tax Act, 1961, in respect of interest payments by banks/ post offices on term/ fixed/ recurring …
Explore the recent CBIC GST Circular 69/43/2018 for clarifications on GST Registration Cancellation Procedure.
CBIC extends last date for filing of GSTR-3B (Sept. 2018) from 20/10/2018 to 25/10/2018. It may be noted that the last date for availment of ITC for the period …
CBIC has notified that the provisions of Section 51 (TDS) and Section 52 (TCS) of the CGST Act 2017, i.e. TDS/ TCS under GST, shall be finally applicable from 01/10/2018.
CBIC has issued GST Circular 57/31/2018 to clarify various issues relating to ‘Scope of Principal-agent relationship’ vis-a-vis ‘Schedule I of the CGST Act, 2017.
CBIC has notified/ extended the due dates for filing of ‘GSTR-1/ GSTR-3B for the months of July/ August 2018’ and ‘GSTR-1 for the quarter July~Sept. 2018’ for Taxpayers in …
CBEC notifies the SGST/ UTGST Officers as the Proper Officer empowered for Sanctioning CGST Refunds to the registered taxpayers in their respective jurisdiction u/s 54 and 55 of the …
The CBIC has clarified certain issues relating to applicability of GST based on Reverse Charge Mechanism (RCM) in the case of legal services provided by Advocates. Further, CBEC has asserted that …
CBEC notifies 01/07/2017 as the commencement date in respect of all the provisions/ sections of the GST Compensation to States Act, 2017, i.e. Sections 1, 2, 3, 4, 5, …
CBDT has amended Rule 37BB of Income Tax, to reduce the burden of compliances by the taxpayers and ensure collection of information u/s 195 by Income Tax Deptt. Significant …