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Memorandum for Extension of Due Dates for filing of ITRs
DIRECT TAXES PROFESSIONALS’ ASSOCIATIONIncome TaxBuilding, 3, Govt. Place West, Ground Floor, Kolkata 700001Ph – 033-22420638URGENTRef. No. DTPA/Rep/21-22/006 30th December 2021 To,Hon’ble Smt. Nirmal...
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Sale of Electoral Bonds at Authorised Branches of SBI
Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI) The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02nd January 2018...
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Finance Minister chairs Pre-Budget consultation with State Finance Ministers
Finance Minister Smt. Nirmala Sitharaman chairs Pre-Budget consultation with Finance Ministers of States Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired the pre-budget c...
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DGGI refutes speculative media reports in case of ‘Odochem Industries’
DGGI refutes multiple speculative media reports in case of M/s Odochem Industries; sets the record straight on facts In the context of ongoing investigations by the Directorate General of GST Intellig...
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Customs officials detect around 1 kg of cocaine
ingested as pellets by passenger at IGI Airport, one arrested In a display of tremendous alacrity, the Customs officers at Indira Gandhi International Airport (IGIA), New Delhi, unravelled yet another...
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ICSI Mega Placement Drive, 2022
The Institute of Company Secretaries Of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament (Under the jurisdiction of Ministry of Corporate Affairs) ICSI MEGA PLACEM...
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Relaxation for verification of income tax-returns of AY 2020-21
One-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21 which are pending for verification and processing of such returns vide Circular No. 21/2021-Incom...
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CBDT notifies New Rule 16DD & Form No. 56FF
CBDT notifies vide Notification No. 140/2021 – Income Tax | Dated: 29th December, 2021 Rule 16DD. Form of particulars to be furnished along with return of income for claiming deduction under clause (b...
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Representation regarding Extension of Income Tax Due Dates
District Taxation Bar Association (Direct Taxes), Ludhiana has made a representation to FM Smt. Nirmala Sitharaman Ji and requested for extension of time for filing income tax returns in the light of...
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GST Council to meet physically on 31st Dec 2021 at 11 AM
As per Sources GST Council is expected to meet physically on 31st December 2021 at 11 AM and it may discuss deferment of hike in GST rates on Textiles & footwear below Rs. 1000 –GST Council in its 45t...
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Request to extend due date for submission of FORM GSTR-9, 9A & 9C
Tax Bar Association, Bhilwara has made a Request to extend due date for submission of FORM GSTR-9, GSTR 9A and GSTR 9C under GST for the FY 2020-21 by two Months i.e. up-to 28th February, 2022, so tha...
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CBDT notifies Faceless Appeal Scheme, 2021
vide Notification No. 139/2021-Income Tax | Dated: 28th December, 2021. As per Faceless Appeal Scheme, 2021 a personal hearing through Video Conference (VC) can be requested by Assessee to CIT (A) and...
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Income Tax Dept searches 2 prominent groups of Raipur & Korba
Income Tax Department conducts searches in ChhattisgarhThe Income Tax Department carried out search and seizure operations on 22.12.2021 on two prominent groups of Raipur and Korba, engaged in the bus...
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Over 4.67 crore Income Tax Returns filed on new e-filing portal
of Income Tax DepartmentOver 4.67 crore Income Tax Returns(ITRs) have been filed on the new e-filing portal of the Income Tax Department as on 27th December, 2021. More than 15.49 lakh ITRs were filed...
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Operational Guidelines For PLI Scheme For Textiles Finalized
Operational Guidelines For Production Linked Incentive (PLI) Scheme For Textiles Finalized Government approved the Production Linked Incentive (PLI) Scheme for Textiles, with an approved outlay of Rs....
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Centre notifies Consumer Protection (Direct Selling) Rules, 2021
Existing Direct Selling entities to comply these rules within ninety days. Both Direct sellers as well as the direct selling entities using e-commerce platforms for sale shall comply with the requirem...
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Public Debt Management Quarterly Report for July – September 2021 (Q2 FY22)
Since Apr-June (Q1) 2010-11, Public Debt Management Cell (PDMC) (earlier Middle Office), Budget Division, Department of Economic Affairs, Ministry of Finance, has been bringing out a quarterly report...
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Exposure Draft Guidance Note on Accounting for Hydropower Industry
(Last date of comments: 27th January, 2022) Exposure Draft Guidance Note on Accounting for Hydropower Industry Research Committee of the Institute of Chartered Accountants of India invites comments on...
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DGGI seizes more than Rs 177 crore in Kanpur search operations
DGGI Ahmedabad seizes more than Rs 177 crore in Kanpur search operations Search operations in related premises continue with recovery of Rs 17 crore, 64 kg gold and 600 kg sandalwood oil worth Rs 6 cr...
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Levy of 12% GST on Textiles : Request for deferment of implementation
Confederation of All India Traders requested for deferment of implementation of levy of 12% GST on Textiles. As according to them increase in GST Rate on Textile is illogical and beyond the canon of G...