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CBIC clarifies GST applicability on supply of securities under SLS: GST Circular 119/38/2019

CBIC has issued a clarification on applicability of GST on supply of securities under the SEBI’s Securities Lending Scheme (SLS) 1997, vide GST Circular 119/38/2019. CBIC GST Circular 119/38/2019 …
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MCA Extends Due Date for Form DIR 3 KYC of Directors (Web): FY 2018-19

MCA extends last date for filing of Form DIR-3 KYC (including DIR 3 KYC Web) in respect of Financial Year (FY) 2018-19 from 30/09/2019 to 14/10/2019 vide Notification dt. …
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PAN Aadhaar Linking Deadline Extended by CBDT upto 31/12/2019

CBDT has further extended the deadline for linking of PAN with Aadhaar for filing of Income Tax Return (ITR) from 30/09/2019 to 31/12/2019. It may be noted that CBDT …
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CBDT guidelines on electronic assessments during FY 2019-20

CBDT issues guidelines for conducting electronic assessments during financial year 2019-20 through ‘E-Proceeding’ facility whereby assessees are required to electronically respond to any notice issued by the Assessing Officer …
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CBIC Waives Late Fee of GSTR 1 & 6 for July 2019

CBIC notifies to waive the late filing fee in respect of GSTR 1 & 6 (July 2019) provided the same is filed upto 20/09/2019, in the case of taxpayers …
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GSTR 3B Due Date Extended to 22/08/2019 for the m/o July 2019

CBIC has extended the GSTR-3B filing deadline for July from 20/08/2019 to 22/08/2019. Taxpayers in Jammu & Kashmir, Bihar, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, and Uttarakhand have time until …
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ICAI’s Implementation Guide on ‘Revised SA 720: Auditor’s Responsibilities Relating to Other Information’

ICAI has released the Implementation Guide on ‘Revised SA 720: The Auditor’s Responsibilities Relating to Other Information’, comprising of FAQs on key relevant issues along with illustrative formats of …
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ICAI’s Implementation Guide on ‘Revised SA 570: Going Concern’

Get clarity on the implications of SA 570 (Revised) for auditor's reports with ICAI's FAQs. Learn how to issue a reliable and informative auditor's report.
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Govt. raises threshold limits for filing Departmental Appeals before Tribunals/ HC/ SC

To reduce litigation, facilitate ease of doing business and to remove long pending grievances of taxpayers in the matters of direct/ indirect taxes, the Govt. has decided to raise …
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CBDT’s Clarifications/ FAQs on Filling Up New ITR forms (FY 2018-19/ AY 2019-20)

New/ Revised Income-tax return (ITR) forms for Assessment Year 2019-20 have been notified on 1st April 2019, followed with release of Excel/ Java Utility and Instructions to support filing …
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