CBDT Notifies Revised Form ITR-7 for AY 2024-25
CBDT notifies revised Income Tax Return Form (ITR 7) under Section 139 of the Income Tax Act, 1961, in respect of AY 2024-25, vide Notification 24/2024.
Category: Updates
SEBI Advisory on Fraudulent Schemes of Trading through FPIs/FIIs
Know about the SEBI Advisory to stay away from Fraudulent Schemes of Trading through FPIs/FIIs offered by social media or apps as the same are not approved.
Forms to be E-filed from 01/04/2024 (3CED, 3CEE, 3CEFA, 3CT, 10BBA, 10BBC, 10FA, 34F)
CBDT has issued notification specifying income tax forms like 3CED, 3CEE, 3CEFA, 3CT, 1088A, 1088C, 10FA, 34F to be mandatorily filed electronically from April 1, 2024.
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.
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.