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CBDT Instructions on Processing of Returns (Form ITR-1) u/s 143(1)(a)(vi)

The CBDT has issued an Order under IT Sec. 119 for Clarifications/ Instructions on Issuance of Intimation/ Processing of Returns, filed in Form ITR-1, u/s 143(1)(a)(vi) applicable w.e.f. 1 …
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CBEC Instructions for IGST Refund to Exporters under CGST Rule 96

CBEC has issued Instructions/ Guidelines to Field Formations for smooth handling of the Refunds of IGST paid on export of goods (by exporters) under Rule 96 of CGST Rules …
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Services Provided by GTA to Unregistered Person Exempted: CBEC

GST Council, in its 22nd Meeting on 06/10/2017 has noted that Goods Transport Agencies (GTAs) are not willing to provide services to unregistered persons due to GST Implications. Therefore, …
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Employers can e-Sign (Aadhaar based ) at Unified Portal, in addition to DSC: EPFO

EPFO has already provided a facility to Employers for approval of KYC, PMRPY registration and establishment registration through digital signatures at Unified Portal. Use of DSC requires many client side settings, …
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List of Indian Accounting Standards (Converged IND ASs) issued by MCA

The MCA had notified the Ind AS via the Companies (Indian Accounting Standards) Rules, 2015. Subsequently, the MCA has notified the Companies (Indian Accounting Standards) (Amendment) Rules, 2016/2017 to carry …
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IT Deptt to give ‘E-Proceedings’ Option in Time Barring Scrutiny Cases

In the case of pending ‘Scrutiny’ or ‘Limited Scrutiny’ cases which are getting time barred due to limitation on 31 Dec. 2017, IT Deptt is giving a choice to assessees …
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CBEC Notifies All ‘Legal Services’ to be Covered under RCM of GST

CBEC has issued corrigendum to Central/ Integrated/ UT Tax Rate Notifications (No. 13/2017 dt. 28/06/2017) to cover all legal services under RCM by making change in Description of ‘Legal …
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CBDT Procedure for submission of Form 67 (FTC) and Filing of ITR

CBDT Prescribes Procedure for submission of Form 67 under IT Rule 116 relating to deduction for Foreign Tax Credit (FTC) while filing Statement/ Return of Income (ITR) by a Resident …
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GST Rate Reduction on certain ‘Specified Work Contract Services’ notified

The CBEC has issued Notifications relating to Rate Reduction on certain ‘Specified Work Contract Services’, like construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration, etc., …
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New Composite Declaration Form F-11 Introduced by EPFO: Form 11 & Form 13 Replaced

The EPFO has notified revised/ new version of single page Composite PF Declaration Form F-11 (Aadhaar/ Non-Aadhaar), applicable w.e.f. 20 Sept. 2017, which replaces the existing Form 11 and …
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