In case of multiple consignments, for each shipment a separate CHIMS registration no. is required.
As per vide Notification No. 05/2015-20 dated 10th May 2021, the Directorate General of Foreign Trade (DGFT) has amended import policy of Integrated Circuits and ...
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The Blogs
Compliance Calendar for May-22
Compliance Calendar for May-22
INCOME TAX
07th May 2022- Due date for TDS/TCS payment for April’22.
15th May 2022- Due date for filing of TCS return for Quarter ending Mar’22.
15th May 2022- Due date for filing of Form 10BD ...
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Respected Madam, Please defer the implementation schedule of New Income Tax Portal
Respected Madam, Please defer the implementation schedule of New Income Tax Portal
To
Smt. Nirmala Sitharaman
Hon’ble Union Minister for Finance and Corporate Affairs
Government of India,
North Block
New Delhi
Respected Madam,
Subject: Glitches in the New Income Tax Portal & suggestion thereon
The much publicized new ...
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CA Final and Intermediate Examinations 2021 postponed by ICAI
CA Final and Intermediate Examinations 2021 postponed by ICAI
The Institute of Chartered Accountants of India (ICAI) has finally taken a decision to postpone the Final and Intermediate Chartered Accountants Examinations which were scheduled to be held from 21st (Final) ...
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No CA Exams postponement?
No CA Exams postponement?
Seeing the current alarming rise in covid cases and postponement of various exams across the country every CA student is having this question whether the June 2021 exam will be conducted or not.
Though there is a ...
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Capital Gain exemption couldn’t be disallowed if investment is made by assessee in his wife’s name
Capital Gain exemption couldn’t be disallowed if investment is made by assessee in his wife’s name
Shankar Lal Kumawat v. ITO - [2021] 125 taxmann.com 347 (Jaipur - Trib.)
Short overview:
Assessee sold a residential house. He did not file a return of income.
Subsequently, ...
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Not jurisdictional CIT, but DIT (CPC) & CIT (Exemption), Bengaluru authorized for Charitable Trust Registration
Not jurisdictional CIT, but DIT (CPC) & CIT (Exemption), Bengaluru authorized for Charitable Trust Registration
Registration & Renewal of Charitable Trust: CBDT authorizes the Director of Income Tax (CPC) & CIT (Exemption), Bengaluru for all new registration and renewal. The jurisdictional ...
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With around 127 Changes in the Finance Bill, Loksabha passed the Finance Bill – 2021
With around 127 Changes in the Finance Bill,
Loksabha passed the Finance Bill - 2021
LokSabha has passed the finance bill 2021 with around 127 changes which were proposed in the Finance Bill 2021.
To carry out the said changes in ...
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EXAM DATES for CA May 2021 Announced
EXAM DATES for CA May 2021 Announced
ICAI CA Exam Dates: May 2021
Check the table ...
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Demotion of ITO to the post of Inspector
Demotion of ITO to the post of Inspector
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March Ending Compliances :- Change of Financial Year From 31st March to 30th April 2020 or 31st December 2020 OR Simple Date Extension by 2 Month
Relief from Tax due date compliance before 31st March 2020- An appeal to the Finance Minister
There are various compliance which are falling due on 31st March 2020. Due to corono-virus spread over, there s a life danger and resultantly ...
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Income Tax Officers Association appealed for extending the financial year closure date from 31st March 2020 to 30th April 2020
Income Tax Officers Association appealed for extending the financial year closure date from 31st March 2020 to 30th April 2020
In view of the corona virus and the consequences it can carry, the Association has requested to extend the closure date ...
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Faceless e-Assessment for imported Goods
Faceless e-Assessment for imported Goods
Notice calling for suggestions, views, comments etc. from stakeholders on Faceless e-Assessment
The general public and the trade at large are hereby informed that CBIC is planning to launch Faceless e-Assessment for imported goods.
A detailed Concept Paper ...
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CBDT condones delay in filing Income Tax return & Form No. 9 & 10 by Trust for AY 2016-17 onwards
CBDT condones delay in filing Income Tax return & Form No. 9 & 10 by Trust for AY 2016-17 onwards.
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Delhi HC recalled ‘Look Out Circular’ issued against CA
Delhi HC recalled ‘Look Out Circular’ issued against CA as he co-operated in proceedings initiated against him
Lakshmi Satyanarayana Dutt Tadikonda v. Union of India - [2020] 114 taxmann.com 424 (Delhi)
In the instant petition, the petitioner sought the withdrawal of the Look ...
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Before you opt for concessional tax rates of 15% or 22% !!
Before you opt for concessional tax rates of 15% or 22% !!
A domestic company opting for concessional tax rate schemes prescribed under section 115BAA or section 115BAB, can exercise this option by electronically filing Form 10-IC or Form 10-ID ...
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Link PAN with Aadhar before your PAN becomes Inoperative
Link PAN with Aadhar before your PAN becomes Inoperative
If PAN is not linked with Aadhar before 31st March, it will Inoperative.
Check it and do it if not done so far.
Rule 114AAA is introduced in the Income [pdf-embedder url="https://thetaxtalk.com/wp-content/uploads/2020/02/aadhar-with-pan.pdf" title="aadhar ...
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