Month: May 2021
Offsetting of excess Contribution of CSR funds to PM CARES made in FY 2019-20 against the requirement of CSR spending in FY 2020-21 Ministry of Corporate Affairs (MCA) has issued a clarification on offsetting the excess CSR spent for FY 2019-20 Offsetting of excess Contribution …
No relaxation in ICAI Annual membership / COP Fee for 2021-22 ICAI has issued it Annual Fee Circular for 2021-22. The fee became due for payment on 1st April, 2021 and needs to be paid on or before 30th September, 2021. As per ICAI 71st Annual Report, …
Due date for filing ITRs for AY 2021-22 extended. CBDT gives extension of time limits of certain compliances under Income Tax Act Due date for filing ITRs for AY 2021-22 extended. CBDT has issued circular no. 09/2021 dated 20th May 2021 to provide relief to taxpayers by extending …
Foreign Investment (FDI) limit in Indian Insurance company increased to 74 percent. Indian Insurance Companies (Foreign Investment) Amendment Rules, 2021 MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 19th May, 2021 G.S.R.337(E).—Whereas, certain draft rules, namely, the Indian Insurance Companies (Foreign Investment)Amendment Rules, 2021,were published in …
CBDT to launch new Income Tax E-filing website from 7th June 2021 The Income Tax Department is going to launch a new E-filing website i.e. www.incometax.gov.in on 7th June 2021. In preparation of the transition to the new system, the existing E-filing portal will not be available from …
Extension given for opening FCRA designated bank account in New Delhi Main Branch (NDMB) of SBI 11 Sansad Marg up to 30th June 2021 The Foreign Contribution (Regulation) Amendment Act, 2020 amended Section 17(1) of the Foreign Contribution (Regulation) Act, 2010. As per the amended section, foreign contribution shall …
Extension of validity of FCRA registration certificates expiring/ expired during the period between 29th September, 2020 and 30th September, 2021 up to 30th September, 2021. Ministry of Home Affairs, Foreigners Division has issued a Public Notice extending of the validity of registration certificates issued Under The Foreign Contribution …
CGST (Fourth Amendment) Rules 2021. Refund related amendments MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 15 /2021–Central Tax New Delhi, the 18th May, 2021 G.S.R. 333(E).—In exercise of the powers conferred by section 164 of the Central Goods …
CASS 2020 Cycle for income tax scrutiny of returns (ITRs) of A.Y. 2019-20 for current year – CASS 2020 Instruction No, 1 CBDT has finalised Computer Assisted Scrutiny Selection (CASS) 2020 Cycle for income tax returns (ITRs) of A.Y. 2019-20 for the current year. The CBDT has approved …
CBDT notifies the Indo-Infra Inc as Pension Fund u/s 10(23FE) in respect of eligible investment made by it in India on or before 31st day of March 2024 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 67/2021 New Delhi, the 17th May,2021 (INCOME-TAX) …
