ITR & TAR Due Dates further Extended by CBDT: FY 2020-21/ AY 2021-22
CBDT further extends due dates for filing of Income Tax Return (ITR)/ Tax Audit Report (TAR)/ Transfer Pricing Report (TPR), in respect of FY 2020-21/ AY 2021-22. This is …
Tag: Circulars
ITR Verification timeline extended upto 28/02/2022 for FY 2019-20/ Ay 2020-21
Income Tax Department has provided a one time opportunity to the Taxpayers whose Income Tax Return (ITR) has been filed but is pending for e-verification (using EVC/ OTP) or …
CBIC clarifies refund issue of tax paid wrongly: inter-state vs. intra-state supply
CBIC clarifies the issue of refund of tax wrongfully paid as specified u/s 77(1) of CGST Act and u/s 19(1) of the IGST Act, i.e. where a supply is …
Lump sum Limit for NPS Withdrawal on Exit, enhanced by PFRDA
PFRDA has modified the norms applicable for exit from National Pension Scheme (NPS) to enhance/ increase the lumpsum withdrawal limit under the NPS, i.e. for premature exit, normal exit …
CBIC Clarifications on Supply/ Export of Services under IGST Act 2017
CBIC Clarifications on Supply/ Export of Services under the IGST Act 2017 explained with key rules, conditions, and practical impact.
CBIC Clarifications on Certain GST related issues
CBIC has addressed some GST-related concerns, such as delinking debit note date from invoice date for ITC, no need to carry physical copy of tax invoice if e-invoice created, …
CBIC Clarifications on Scope of ‘Intermediary’ Services under IGST
In order to facilitate the exporters, CBIC has clarified various doubts in the matter of Scope/ Definition of ‘Intermediary’ Services under the IGST Act 2017. Also the requirements for …
CBDT Extends Timeline for E Filing of Various IT Forms Again
CBDT again extends the due dates for e-filing of various Forms under the Income Tax Act, 1961, in view of difficulties being reported by the taxpayers and other stakeholders …
CBDT further extends due dates for e filing of various IT Forms
CBDT further extends due dates for e-filing of various Forms under the Income-tax Act/ Rules, vide Circular 15/2021 dt. 03/08/2021. Reportedly, taxpayers and other stakeholders are facing difficulties in …
MCA Clarification on CSR Spending for COVID-19 Vaccination of Persons other than Employees
MCA has further clarified that spending of CSR funds for COVID-19 vaccination of persons other than the employees and their families, is an eligible CSR activity. Earlier, MCA had …