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GST Council Clarification on SCN/ recurring SCN: OM dt. 19/10/2022

The GST Council has issued an Office Memorandum (OM) dated 19/10/2022 pertaining to clarification on the Authority regarding Show Cause Notice (SCN) and recurring SCN in case of Central …
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ICAI’s Handbook on Composition Scheme under GST (2022)

ICAI has published the second edition of the ‘Handbook on Composition Scheme under GST’ (August 2022) to provide Members and other stakeholders with full explanations of the related ideas …
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ICAI’s Handbook on Inspection, Search, Seizure and Arrest under GST (2022)

The ICAI has published the first edition of its ‘Handbook on Inspection, Search, Seizure, and Arrest under GST’ (August 2022), in order to explain the intricacies of the law …
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CBDT further Extends Timeline to Allow Validation of UDINs upto 30/11/2022

CBDT has further extended the last date/ timeline for allowing validations of UDINs upto 30/11/2022, in respect of forms filed/ uploaded during 01/04/2021 to 31/03/2022 on the e-filing Portal, …
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Tax Audit Report Due Date Extended by CBDT for AY 2022-23

CBDT has extended the due date for filing of Tax Audit Report (TAR), Transfer Pricing Report (TPR), etc. in respect of FY 2021-22/ AY 2022-23, from 30/09/2022 to 07/10/2022. …
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Govt. Clarification on Premature Closure due to death of SCSS Account holder

Government has clarified certain concerns, relating to the premature closure of SCSS Accounts by banks/post offices, upon death of the SCSS Account holder(s).
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New IT Rule 132 on Application for Re-computation of Income u/s 155(18): CBDT Income Tax Notification 111/2022

New IT Rule 132 on “Application for Re-computation of Income under Sub-section (18) of Section 155” has been inserted by CBDT, along with new IT Forms 69 and 70, …
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Commencement Date of Certain Sections of CGST Act 2017 amended by FA 2022: CBIC Central Tax Notification 18/2022

CBIC notifies the commencement date of certain sections of the CGST Act 2017 amended by the Finance Act 2022 as 01/10/2022. Accordingly, the provisions of Sections 100 to 114, …
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MCA Extends Due Date for DIR 3 KYC of Directors (Web) FY 2021-22: General Circular 9/2022

MCA has extended the deadline for filing Form DIR-3 KYC (including DIR-3 KYC Web) in respect of Financial Year (FY) 2021-22 from 30/09/2022 to 15/10/2022 without payment of fee, …
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CBDT Extends Timeline for ITR Filing by Successor Companies u/s 170A

CBDT extends timeline for filing of modified Income Tax Return (ITR) in Form ITR-A by a successor company u/s 170A from 30/09/2022 to 31/03/2023 in certain cases, where the order …
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