CBDT has issued revised Guidelines on Compounding of Offences under the Income Tax Act, 1961, in supersession of the earlier Guidelines on the subject issued in 2019, to simplify …
As part of the ‘ease of doing business’ initiative, MCA has revised/increased the ‘paid-up capital’ and ‘turnover’ thresholds applicable in the case of ‘small companies’ under the Companies Act, …
To help stakeholders who are experiencing problems with TDS under Section 194R(2) on the provision of Benefits/Perquisites, CBDT has released guidelines and frequently asked questions (FAQs). With regard to …
CBIC has issued guidelines for aggrieved registered persons (taxpayers/assessees) in relation to filing/revision of GST TRAN-1/TRAN-2 to claim transitional credit, vide GST Circular 180/12/2022, in light of the Orders …
CBDT clarifies the issue related to the determination of the status of individual taxpayers as “senior citizens” or “very senior citizens” based on the completion of their age of …
The CBIC has issued guidelines/instructions on arrest and bail for offences punishable under the CGST Act, 2017, vide GST Investigation Instruction No. 04/2022-23. All field formations must follow these …
Council of the ICAI has approved formation of a ‘Self Regulatory Organisation (SRO)’ to be named as the ‘Institute of Social Auditors of India (ISAI)’ for the purpose of …
MCA notifies new Companies Incorporation Rule 25B on ROC’s ‘Physical Verification of the Registered Office of Company’ and report thereon, followed by requisite notice and name removal action, where …
CBDT modifies IT Rule 128(9) to provide significant relief to Indian taxpayers regarding Foreign Tax Credit (FTC) claims by extending the deadline for filing Statement in Form No. 67. …
CBIC prescribed guidelines/ instructions/ clarifications regarding arrests/ bails relating to offences punishable under the CGST Act, 2017.