CBDT Extends Timeline for E Filing of Various IT Forms Again
CBDT again extends the due dates for e-filing of various Forms under the Income Tax Act, 1961, in view of difficulties being reported by the taxpayers and other stakeholders …
GSTN Advisory on HSN Code in Tax Invoice and Errors in GSTR 1 Filing
GSTN has issued an Advisory on the requirement of mention of specified number of Digits of HSN Code in the Tax Invoice and errors being faced while filing GSTR …
CGST Rule 59(6) Restricting filing of GSTR 1 where GSTR 3B not filed
GSTN has issued Advisory to file all pending GSTR 3B returns, in view of implementation of CGST Rule 59(6) restricting filing of GSTR 1 where GSTR 3B has not …
Updated FAQs on CSR released by MCA
MCA has released an updated (2021) set of Frequently Asked Questions (FAQs) on the Corporate Social Responsibility (CSR).
Govt. hikes NPS Contribution and Family Pension for Bank Employees
Govt. has announced to hike the NPS Contribution and Family Pension for Public Sector Bank Employees, i.e. Bank Employees Family Pension to be increased to 30% of last pay …
Experienced CA, CS, CMA & Advocates exempted from Proficiency Test for Appointment as Independent Directors
MCA notifies the Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 to exempt CA, CS, CMA & Advocates with 10 Year’s Experience from requirement of Proficiency Test to …
CBDT Notification 93/2021: Income-tax (24th Amendment) Rules, 2021
CBDT notifies the Income-tax (24th Amendment) Rules, 2021, to insert new IT Rules 12AA and 51B prescribing ‘any other person’ who can verify ITR u/s 140 & appear before authorities …
CBDT Notification 92/2021: Income tax (23rd Amendment), Rules, 2021
CBDT notifies the Income tax (23rd Amendment), Rules, 2021, to insert new IT Rule 10RB for prescribing the procedure/ methodology for re-computation of book profit u/s 115JB of the …
CBDT Notification 90/2021: Income tax (22nd Amendment), Rules, 2021
CBDT notifies the Income tax (22nd Amendment), Rules, 2021, to prescribe methodology for computing income of specified funds covered u/s 10(4D)/115AD of the Income tax Act, 1961, attributable to …
CBDT further extends due dates for e filing of various IT Forms
CBDT further extends due dates for e-filing of various Forms under the Income-tax Act/ Rules, vide Circular 15/2021 dt. 03/08/2021. Reportedly, taxpayers and other stakeholders are facing difficulties in …