GSTR 3B Due Date for ‘April 2022’ Extended by CBIC
CBIC has extended the due date for filing of GST Return in Form GSTR 3B for the month of ‘April 2022’ upto 24/05/2022, vide Central Tax Notification 5/2022 dt. …
Tag: Notifications
New IT Rule 12AB: Additional Conditions for Mandatory filing of Tax Return (ITR) u/s 139(1)
CBDT notifies new IT Rule 12AB relating to additional conditions for mandatory filing of tax return (ITR), by persons referred to in section 139(1)(b).
CBDT notifies New ITR Forms for AY 2022-23 (ITR 1 Sahaj, 2, 3, 4 Sugam, 5, 6, 7)
CBDT has notified the new ITR Forms applicable for AY 2022-23 (Forms ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-5, ITR-6 and ITR-7), without making any significant changes therein as …
MCA defers timelines for Audit Trail Requirement/ CSR-2 Filing
MCA has notified the Companies (Accounts) Second Amendment Rules, 2022 to further defer the date of applicability for the requirement relating to Audit Trail feature in the Accounting Software …
New IT Rule 114(5A): PAN-Aadhaar Linking delay Penalty
CBDT has notified the Income-tax (Third Amendment) Rules, 2022 to insert new IT Rule 114(5A) to impose penalty on delay/ default in PAN-Aadhaar Linking applicable w.e.f. 01/04/2022, i.e. a …
MCA’s Companies IND AS Rules 2015 with Amendments upto 2022
MCA notifies the “Companies Indian Accounting Standards (Ind AS) Rules 2015”, i.e. the convergent Indian Accounting Standards.
RBI Master Directions/ Regulatory Framework 2022 for Microfinance Loans
RBI has released Master Directions/ Regulatory Framework 2022 in respect of Microfinance Loans, after necessary review and inviting public suggestions/ comments, i.e. the Reserve Bank of India (Regulatory Framework …
Companies (Accounts) Amendment Rules 2022 (CSR-2): MCA Notification
MCA notifies the Companies (Accounts) Amendment Rules 2022, applicable w.e.f. 11/02/2022, to insert a rule 12(1B), which provides for a new requirement from financial year (FY) 2020-21 and onwards, …
New IT Rule 8AD on Computation of Capital Gains from ULIPs u/s 45(1B)
CBDT has notified the Income tax (2nd Amendment) Rules, 2022 to insert new IT Rule 8AD on ‘Computation of Capital Gains from ULIPs u/s 45(1B)‘, in respect of insurance policy receipts on …
MCA notifies Higher Additional Fee (upto 18 Times) for Late Filing
MCA has notified the Companies (Registration Offices and Fees) Amendment Rules, 2022, to effect Higher Additional Fee of upto 18 Times (as against existing 12 times) the Normal Fee …