MCA Amends LLP Rules for Disclosure of Beneficial Interest
The MCA has notified amended rules requiring LLPs to maintain a register of partners and declare beneficial ownership, enhancing transparency in LLP operations.
Tag: Amendment Rules
MCA Eases Company RO Shifting Rules: Additional Cost Revoked
The MCA has eased rules for companies to shift their registered office address between states, removing additional costs and smoothing the process for companies acquired under IBC resolution.
CBDT Notifies New IT Rule 16D/ Form 56F for Claiming Section 10AA Deduction
CBDT amends IT rules retrospectively from July 2021, inserts Rule 16D and Form 56F for claiming deduction under Section 10AA, to streamline process of availing SEZ deduction.
PAN Requirement Relaxed for Non-residents/Foreign Companies dealing with IFSC Banking Units
The CBDT has issued new rules relaxing PAN requirements for non-resident and foreign companies transacting with IFSC banking units in India. Key changes explained.
New IT Rule 21AHA for Opting Concessional Tax Regime by Cooperative Societies
CBDT notifies new IT Rule 21AHA for cooperative societies to opt for 15% concessional tax rate u/s 115BAE and specifies eligibility, procedure to exercise option, and conditions.
CBDT Amends IT Rules for Audit and Inventory Valuation u/s 142(2A) of Income Tax Act
CBDT issues notification with new rules for audit report u/s 142(2A)(i) in Form 6B and inventory valuation report u/s 142(2A)(ii) in Form 6D along with guidelines for remuneration.
New CGST Rules 31B and 31C: Value of Supply (Online Gaming/ Actionable Claims)
Explore CBIC Central Tax Notification 45/2023 on New CGST Rules 31B and 31C regarding Value of Supply (Online Gaming/ Actionable Claims).
New I-T Rule 134 for Claiming Credit of TDS u/s 155(20) in Form 71
Explore CBDT Notification 73/2023 regarding procedure under New I-T Rule 134 for Claiming Credit of TDS u/s 155(20) in Form 71.
New I-T Rules 13, 13A and Forms 6C, 6CA Notified by CBDT
Explore CBDT Notification 70/2023 about new I-T Rules 13 and 13A, as well as new I-T Forms 6C and 6CA under Income-tax Rules, 1962.
CBDT Amends I-T Rule 26: Exchange Rate for TDS on Forex Payments
An overview of the CBDT's latest amendment to Income Tax Rule 26, outlining specified exchange rates for TDS on foreign currency payments.