CBDT Guidelines on PPT under DTAAs with Mauritius, Singapore, Cyprus
CBDT clarifies zero or benign capital gains tax for investments from Mauritius, Singapore, and Cyprus before April 1, 2017, under updated tax treaties.
Category: Updates
Govt Resolves Eligibility Issues in Vivad Se Vishwas Scheme, 2024
Recent amendments to the Direct Tax Vivad Se Vishwas Scheme 2024 remove eligibility barriers for more taxpayers, enabling them to settle income tax disputes by January 31, 2025.
Faceless Tax Assessment System in India: Challenges and Updates
Explore the challenges and updates in India’s faceless tax assessment system. Learn about its impact on taxpayers and potential solutions to improve efficiency.
Key Income Tax Rules on (Say No To) Cash Transactions (Part-2)
Learn Income Tax disallowance provisions on cash transactions explained in Part-2 of 'Say No to Cash Transactions' brochure of Income Tax Department.
CBIC Extends Due Dates: Monthly/Quarterly GST Returns (December 2024)
CBIC notifies extension of due dates in respect of GST Returns (GSTR-1, 3B, 5, 6, 7 and 8) for the month/quarter ending 31st December 2024.
CBDT Extends Belated/Revised ITR Due Date (AY 2024-25) for Resident Individuals
CBDT has extended the due date for filing of Belated/Revised ITR (AY 2024-25) for Resident Individuals from 31/12/2024 to 15/01/2025 vide Circular 21/2024.
GSTN Advisory for Entry of RR No./eT-RRs in EWB System post FOIS Integration
GSTN advisory/guidelines on correct entry of RR No./eT-RRs post-integration of E-Way Bill (EWB) with Freight Operation Information System (FOIS) system of Indian Railways.
GSTN Advisory on Changes in MFA Requirements; EWB Generation/Extension Timeframe
GSTN advisory on enhancements in E-Way Bill/E-Invoice Systems w.e.f 1st January 2025, including revised requirements for compliance with MFA & time frame for EWB generation/extension.
GSTN Advisory: Revised GST Registration Procedure (Chhattisgarh/Goa/Mizoram)
GSTN Advisory on revised GST registration procedure from 15/12/2024 for applicants of Chhattisgarh, Goa and Mizoram, which includes biometric-based Aadhaar authentication and documents verification.
GSTN Advisory on Reduced AATO Threshold of Rs 10 Crores for Reporting e-Invoice on IRP Portal
GSTN has issued an advisory on reduced AATO threshold of Rs 10 crores and above for reporting e-Invoice on the IRP Portal within the time limit of 30 days …