Month: September 2020
RBI allows Kotak Mahindra Bank Managing Director and CEO Uday Kotak to remain on Board of ILFSL as NED up to 02.10.2021 MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 23rd September 2020 S.O. 3238(E).—Whereas, sub-clause (i) of clause (c) of sub-section …
Waiver / reduction in late fee for not furnishing FORM GSTR-4 for 2017-18 and 2018-19, subject to the condition that the returns are filled between 22.09.2020 to 31.10.2020 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OFINDIRECT TAXES AND CUSTOMS) Notification No. 67/2020 –Central Tax New Delhi, the 21st …
Waiver / reduction in late fee for not furnishing FORM GSTR-10, subject to the condition that the returns are filled between 22.09.2020 to 31.12.2020. Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and Customs Notification No. 68/2020 –Central Tax New Delhi, 21st …
Extension of time limit for Furnishing GSTR-1 for details of outward supplies till 31.10.2020 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OFINDIRECT TAXES AND CUSTOMS) Notification No. 66/2020–Central Tax New Delhi, the 21st September, 2020 G.S.R. 571(E).—In exercise of the powers conferred by section 168A of the …
The Taxation and Other Laws (Relaxation And Amendment of Certain Provisions) Act , 2020 The Taxation and Other Laws (Relaxation And Amendment of Certain Provisions) Bill, 2020 has received the assent of the President. The Act shall be deemed to have into come into force on the 31st …
CBIC instructions for recovery of interest on net cash tax liability under GST F. No. CBEC- 20/01/08/2019-GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing Room No. 159A,North Block, New Delhi, Dated: 18th September, 2020 To,The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/Commissioners of Central …
CBIC has amended Bill of Entry Forms I, II & III The Bill of Entry (Forms) (Amendment) Regulations 2020 The Bill of Entry to be presented by an importer of any goods for home consumption or for warehousing or for ex-bond clearance for home consumption shall be in …
Notice u/s 148 for cash deposit after preliminary enquiry was valid as assessee was a non-filer and failed to respond ABCAUS Case Law Citation ABCAUS 3397 (2020) (09) ITAT Important case law relied upon by the parties: Vinod Commodities Ltd. Vs. ACIT (2019) 182 DTR 49 (Jodh) Sh. …
Guidelines-Income Tax compulsory selection of returns for Complete Scrutiny during Financial Year 2020-21 & conduct of assessment proceedings Guidelines-Income Tax compulsory Complete Scrutiny FY 2020-21 F.No.225/126/2020/ITA-IIGovernment of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes (ITA-II division) North Block, New Delhi, the 17th September, 2020 …
Revision u/s 263 to exclude issues settled in Vivad se Vishvas Scheme 2020. ITAT directs AO not to consider capital gains from penny stock while passing fresh order ABCAUS Case Law CitationABCAUS 3396 (2020) (09) ITAT Important case law relied upon by the parties:Price Water House vs ACIT …
