Month: September 2021
Extension of validity of FCRA Registration Certificates expiring during the period between 29th September 2020 & 31st December 2021 up to 31.12.2021 As per section 12(6) of the Foreign Contribution (Regulation) Act, 2010, registration certificate granted once is valid up to five years from the date of its …
Extension of Last Date for payment of ICAI Membership /COP fee For the year 2021-22 to 31st December, 2021 The ICAI has extended Last Date for payment of its Membership /COP fee For the year 2021-22 to 31st December, 2021 As per the ICAI Announcement the Council has …
List of incorporated Nidhi companies wherein NDH- 4 form for declaration as Nidhi Company have been rejected by Ministry. Amended section 406 of the Companies Act and Nidhi rules (as amended from time to time) requires that companies have to apply to the Central Government in Form NDH-4 …
Regularisation of returns of income verified through EVC Regularisation of returns of income verified through Electronic Verification Code (EVC) which are otherwise required to be verified through Digital Signature (DSC) as per Rule 12 of the Income-tax Rules, 1962 Central Board of Direct Taxes, due to technical …
Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 The Reserve Bank has issued the Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021. These directions come into immediate effect replacing the existing instructions on the matter of sale / transfer of loan …
CBIC Clarification for refund of tax u/s 77(1) of CGST Act and section 19(1) of IGST Act Circular No. 162/18/2021-GST F. No. CBIC-20001/8/2021-GSTGovernment of IndiaMinistry of Finance Department of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing **** New Delhi, dated the 25th September, 2021 …
Applicability of Transfer price under Rule 10TD declared by the assessee in respect of Safe Harbour transaction extended to AY 2021-22 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 117/2021 New Delhi, the 24th September, 2021 INCOME-TAX G.S.R. 661(E).—In exercise of the powers conferred by …
No TDS u/s 194A on interest payments up to Rs. 20 lakhs to Scheduled Tribes by scheduled banks located in a specified area in North Eastern States and Ladakh Region Sub-section (1F) of section 197A of the Income-tax Act, 1961 provides that no deduction of tax …
CBDT notifies two sovereign wealth funds u/s 10(23FE) CBDT has notified two sovereign wealth fund under section 10(23FE) of the Income Tax Act 1961 (the Act) as the specified person for the purposes of the clause (vi) of clause (b) of the Explanation 1 to clause (23FE) of section 10 …
CBDT extends due date for linking of Aadhaar and PAN. Timelines for passing penalty order under Income Tax Act / adjudication of Benami property CBDT has extended the time limits for certain compliances under Income Tax Act 1961. Earlier The Taxation and Other Laws (Relaxation & Amendment of …