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Circular

DELHI HC

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...

compliance calender for the month of February Inbox

  compliance calender for the month of February Inbox  

Empanelment of Chartered Accountant firms/LLPs for the year 2020-2021

Empanelment of Chartered Accountant firms/LLPs for the year 2020-2021    

Introduction of a new type of semi-closed Prepaid Payment Instrument (PPI) – PPIs upto ₹ 10,000/- with loading only from bank account

Introduction of a new type of semi-closed Prepaid Payment Instrument (PPI) – PPIs upto ₹ 10,000/- with...

Standard Operating Procedure to be followed in case of non-filers of returns – reg

Standard Operating Procedure to be followed in case of non-filers of returns – reg

IT Judgement

CBDT issues clarification on New TCS provisions but complications & difficulties to continue

CBDT issues clarification on New TCS provisions but complications & difficulties to continue CBDT issues circular...

Guidelines under section 194-O (4) and section 206C (1-I) of the Income-tax Act, 1961 by CBDT

Guidelines under section 194-O (4) and section 206C (1-I) of the Income-tax Act, 1961 by...

Income from undisclosed sources Addition under section 68 Long-term capital gain on sale of shares AO merely relying on investigation wing report without disputing...

Income from undisclosed sources Addition under section 68 Long-term capital gain on sale of shares...

Search and seizure Assessment under section 153C Recording of satisfaction note Not in file of assessee searched

Search and seizure Assessment under section 153C Recording of satisfaction note Not in file of...

When a person commits an offence by not maintaining the books of account u/s 44AA, the offence is complete and the penalty for non...

When a person commits an offence by not maintaining the books of account u/s 44AA,...

Notification

income tax

March Ending Compliances :- Change of Financial Year From 31st March to 30th April 2020 or 31st December 2020 OR Simple Date Extension by...

Relief from Tax due date compliance before 31st March 2020- An appeal to the Finance...
INCOME TAX

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...
CBDT

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...

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...

Revised All Industry Rates of Duty Drawback

Revised All Industry Rates of Duty Drawback

Press release

Requirement of Dynamic QR Code on B2C invoices in GST deferred to 1st December 2020.

Requirement of Dynamic QR Code on B2C invoices in GST deferred to 1st December 2020. Notification...

Recent Date extensions by Ministry of Corporate Affairs: A compilation

Recent Date extensions by Ministry of Corporate Affairs: A compilation   The Ministry of Corporate Affairs has extended...

Extension of timelimit for compulsory selection of returns for Complete Scrutiny

Extension of time limit for compulsory selection of returns for Complete Scrutiny   F.No.225/126/2020/ITA-II Government of India Ministry of...

Forget Deferment, CBDT clarifies doubts with regard to TCS on sale of Goods U/s 206C(1G)

Forget Deferment, CBDT clarifies doubts with regard to TCS on sale of Goods U/s 206C(1G) When...

TCS at the time of Invoicing : An option to explore

TCS at the time of Invoicing : An option to explore Tax Collection at Source...