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List of All GST Forms
Under the new taxation regime Taxpayers have to file various monthly and Quarterly Returns and Forms under the Central Goods and Service Tax Act, 2017 to comply with the provisions of the Act. Let us...
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CG borrows & transfers Rs. 6,000 crore to 16 States as GST compensation
Ministry of FinanceCentral Government borrows and transfers Rs.6,000 crore as first tranche to 16 States on account of GST compensation under Special Borrowing WindowPosted On: 23 OCT 2020The Governme...
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Rajasthan VAT: Extend due dates of statutory Forms & Declarations
TAX BAR ASSOCIATIONDate: 25th October 2020To,The Hon’bleAdditional Chief Secretary,Finance Department,Government of RajasthanJaipurSub: Request for Extension of current due dates from 30th Sept 2020 t...
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Composition Taxpayers can now file NIL statement through SMS
GSTN deploys the functionality – About 20% of 17.11 lakh Composition taxpayers who file NIL statement to benefit the facility– Facility of filing NIL GSTR-3B and NIL GSTR-1 through SMS has already bee...
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Detection of evasion of customs duty by exporter on export of Iron Ore Fines
PRESS NOTESubject: Detection of evasion of customs duty by exporter on export of IronOre Fines; recovery of customs duty more than Rs. 8 Crore.On the basis of specific intelligence, under the directio...
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MCA extends terms of Judicial Members & officiating Chairperson of NCLAT
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 28th October, 2020S.O. 3855(E).—In continuation of this Ministry’s notifications S.O. 3863(E) and S.O. 3864(E) dated 11th December, 2017 and in...
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Payment Date Extended for Vivad se Vishwas Scheme
Government of IndiaDepartment of RevenueMinistry of FinanceCentral Board of Direct TaxesNew Delhi, 27th October, 2020PRESS RELEASEPayment Date Extended for Vivad se Vishwas Scheme:Finance Secretary ur...
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Extension of date of Filing of Accounts to Charity Commissioner in Maharashtra
Extension of Due Date of online Filing of Audited Accounts to Charity Commissioner in State of Maharashtra for the financial year 2019-20 till 30th November 2020. 30.10.2019Due date for online Filing...
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CBDT notifies ‘MIC Redwood 1 RSC Limited’ U/s. 10(23FE)(b)(vi)
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)Notification No. 89/2020-Income TaxNew Delhi, the 2nd November, 2020S.O. 3952(E).—In exercise of powers conferred by sub-clause...
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CBDT notifies extended Due dates of Return & Tax Audit Report for A.Y.2020-21
CBDT issued Notification No.88/2020 and extended Due dates of Income Tax Return and Tax Audit Report as follows:-A. Income Tax Return FY 2019-20/AY 2020-21i. Without tax audit –31.12.20 ii. TP, tax au...
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CBDT notifies Equalisation levy (Amendment) Rules, 2020 & Forms
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)Notification No. 87/2020New Delhi, the 28th October, 2020EQUALISATION LEVYS.O. 3865(E).—In exercise of the powers conferred by...
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CBDT designates Court U/s. 280A of Income-tax Act, 1961
MINISTRY OF FINANCE (Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)(Investigation Division-V)Notification No. 86/2020-Income TaxNew Delhi, the 28th October, 2020S.O. 3854(E).—In exercise of the...
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Govt. extends cut-off/payment date date under Vivad se Vishwas
Govt. notifies December 31st as the cut-off date for filing declaration under the Vivad se Vishwas Act, 2020; Also, extends timeline from December 31st, 2020 to March 31st, 2021 for making payment wit...
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Widen scope of Vivad Se Vishwas Scheme: DTPA
Direct Taxes Professionals’ Association, Kolkata has made a Representation to Mrs. Nirmala Sitharaman, Hon’ble Finance Minister, Ministry of Finance, Government of India, on Widening the scope of Viva...
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Background Material of Diploma in International Taxation
(2020 – Fifth edition) containing:-International Tax – Transfer Pricing -International Tax – Practice (Part I & II)Tax laws in India are becoming more and more complex. Globalization of economies, sig...
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Technical Guide on BEPS Action Plans and Multilateral Instrument
(MLI) – 2020 – First edition Considering the issue that profits should be taxed where the economic activities take place and no profit should suffer double taxation, in September 2013, the Finance Min...
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Basics of International Taxation
2020 (fourth edition) – (Earlier known as Aspects of International Taxation – A Study)International Taxation due to its dynamic and ever changing nature has always been a complex subject not only to s...
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Guidance Note on Transfer Pricing Report U/s. 92E of Income Tax Act, 1961
ICAI has released the 8th Edition (August 2020) of the Guidance Note on Report Under Section 92E of the Income Tax Act, 1961 (Transfer Pricing). This Guidance Note was last revised in November, 2019....
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Income Tax Department conducts searches in Bihar
Government of IndiaDepartment of RevenueMinistry of FinanceCentral Board of Direct TaxesNew Delhi, 30th October, 2020PRESS RELEASE The Income Tax Department has carried out searches on 29.10.2020 in t...
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Income Tax Department conducts searches in Uttar Pradesh
Ministry of FinancePosted On: 29 OCT 2020A search action was started by the Income Tax Department on 28.10.2020 in the case of a Bijnor based group engaged in real estate business and it’s associates....