CBIC Clarifications on Taxability of Personal and Corporate Guarantees under GST: Circular 204/16/2023
CBIC clarifications on taxability of personal and corporate guarantees provided to banks/financial institutions vide GST Circular 204/16/2023.
Tag: Circulars
INR Receipts Permitted by RBI, Qualify as Export Proceeds under GST: CBIC Circular 202/14/2023
CBIC Clarification circular 202/14/2023 on conditions for export of services under GST when payment is received in INR through special vostro accounts as per RBI circular.
CBDT Condones Delay in Filing Form 10-IC (AY 2021-22)
CBDT condones delay in filing Form 10-IC for AY 2021-22 to provide relief to domestic companies from delay, subject to conditions like filing ITR on time.
Revised ICAI Membership/ COP Fee (FY 2023-24): Last Date 31/10/2023
Explore ICAI announcement on Annual Membership/ COP Fee payable by Members for FY 2023-24 latest by extended deadline pf 31/10/2023.
MCA Extends Timeline for Holding AGM/EGM due in 2023 & 2024 using VC/OAVM
Explore the MCA General Circular 9/2023 extending timeline for companies to hold AGMs & EGMs through VC or OAVM until September 30, 2024.
MCA’s Condonation Scheme for Delay in Filing LLP Forms (3, 4, 11)
MCA has introduced Condonation Scheme for Delay in Filing LLP Forms 3, 4 & 11, in view of difficulties being faced by stakeholders.
CBDT Clarifications on Exemption u/s 10(10D): Receipts from Life Insurance Policies
CBDT clarifies applicability of exemption u/s 10(10D) in respect of receipts from Life Insurance Policies in different situations, vide Circular 15/2023.
CBIC Clarifications on GST Applicability for Certain Services: Circular 201/13/2023
CBIC clarifies taxability of services provided by a director of a company (renting of immovable property) under RCM and Supply of Food or Beverages in Cinema Hall as Restaurant …
CBIC Clarifications on GST Rates and Classification of Certain Goods: Circular 200/12/2023
CBIC clarifies GST rates and classifications issues for various goods and also regularise on "as is" basis, vide Circular 200/12/2023.
SOP for Recomputation of Income of Suger Cooperatives u/s 155(19)
CBDT prescribes procedure to resolve tax disputes with co-operative sugar factories in India, allowing deductions for sugarcane purchases at or below the government-approved price.