GST CMP-08 (Quarterly Composition Return): Due Date Extensions
CBIC has extended the due date for filing of quarterly statement of details of self-assessed tax paid in FORM GST CMP-08, by taxpayers under the composition scheme, from time …
ICAI’s 174 FAQs on the Companies Act, 2013
ICAI has released the revised/ second edition (July 2019) of Frequently Asked Questions (FAQs) on the provisions of Companies Act, 2013 (a set of 174 FAQs), for help and …
Companies (Amendment) Ordinance 2019: ICAI’s Summary of Provisions
ICAI has shared Summary of Provisions of The Companies (Second Amendment) Ordinance 2019, which has the effect of amending 29 sections. Further, 2 new sections were inserted through the …
Companies (Significant Beneficial Owners) Rules, 2019 notified by MCA
MCA has notified the Companies (Significant Beneficial Owners) Second Amendment Rules, 2019 and has revised Form BEN 2 (Return u/s 89 in respect of declaration of significant beneficial ownership …
UDIN mandatory for all Audit Reports/ Certificates from 01/07/2019: ICAI
ICAI mandates all Practicing CAs to generate an 18 digit UDIN from 'UDIN portal' and mention on each document certified/ attested w.e.f. 01/07/2019.
CBIC notifies due dates for filing GSTR 3B for July, August and Sept. 2019
CBIC notifies the due dates for filing GST Return in FORM GSTR 3B for July, August and Sept. 2019 as 20th of the following month, i.e. 20/08/2019 for July …
CBIC notifies due dates for filing GSTR 1 for July to September 2019
CBIC notifies due dates for filing GSTR-1 for July’19 to Sept’19, i.e. taxpayers having turnover of above Rs. 1.5 crores shall file their quarterly GSTR-1 upto 31/10/2019 and those …
ICAI Clarification on Requirement of Auditor’s Certificate for Return of Deposits (DPT 3)
ICAI has issued a Clarification on requirement of Auditor’s Certificate for Return of Deposits (DPT 3). Also, ICAI has provided Illustrative Auditor’s Certificate on Return of Deposits for guidance …
Revised Procedure for IGST Refunds to Exporters
CBIC has issued Circular No. 16/2019 Customs dt. 17/06/2019 to modify the automated process for claiming IGST refunds by Exporters. Now all risky/ suspicious exporters will face a verification/ …
CBDT issues Revised Guidelines on Compounding of Income Tax Offences
CBDT has issued revised Guidelines (2019) on Compounding of Offences under the Direct Tax Laws, applicable from 17 June 2019. The new guidelines prescribes certain offences which generally can’t …