Month: December 2021
Extension of the validity of FCRA Registration certificates expiring between 29.09.2020 and 31.03.2022 Extension of the validity of FCRA Registration certificates expiring between the period 29th September, 2020 and 31st March, 2022 of those entities who have applied For renewal on FCRA portal in accordance with rule 12 …
Increase in GST rate on textile from 5% to to 12% deferred by GST Council in decision taken at 46th GST Council Meeting called on emergency basis. The GST Council’s 46th meeting was held today in New Delhi under the chairmanship of Union Finance & Corporate Affairs Minister …
Central Goods and Services Tax (Tenth Amendment) Rules 2021 The Central Goods and Services Tax Rules, 2017 have been further amended by Notification No. 40/2021 –Central Tax dated 29.12.2021 Restriction on ITC Rule 36 has been amended to provide that no input tax credit (ITC) shall be availed …
One-time relaxation for pending verification of all income tax-returns ITRs e-filed for Assessment Year 2020-21 Circular No. 21/2021 F.No. 225/140/2021/ITA-11Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, dated 28th December,2021 Subject: One-time relaxation for verification of all income tax-returns e-filed for the Assessment …
MCA relaxes levy of additional fees for annual financial statement e-filings Relaxation on levy of additional fees in filing of e-forms AOC-4, AOC-4(CFS), AOC-4, AOC-4 XBRL AOC-4 Non-XBRL and MGT-7/MGT-7A for the financial year ended on 31.03.2021 under the Companies Act 2013. MCA by General …
Faceless Appeal Scheme 2021 notified by CBDT CBDT has notified revised Appeal Scheme 2021. Earlier, CBDT had notified the Faceless Appeal Scheme 2020 vide notification number S.O. 3296(E) dated 25th September 2020 and S.O. 3297(E) dated 25th September 2020 The Faceless Appeal Scheme 2021 prescribes the following procedures: …
ICAI notifies members elected to 25th Council of the Institute The Institute of Chartered Accountants of India (ICAI) has notified the members, who have been elected to the Twenty Fifth Council of the Institute from different constituencies as under:- List of members elected to 25th Council of ICAI …
Mandatory Aadhar authentication for GST Refund/Revocation application effective from 01.01.2022 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 38/2021–Central Tax New Delhi, the 21st December, 2021 G.S.R.875(E).—In pursuance of sub-rule (2) of rule 1 of the Central Goods and Services Tax (Eighth Amendment) …
CBIC clarifies GST on service supplied by restaurants through e-commerce operators In 45th meeting of the GST Council held on 17th September, 2021 it was recommended to notify ‚Restaurant Service‛ under section 9(5) of the CGST Act, 2017. Accordingly, the tax on supplies of restaurant service supplied through …
RE-OPENING OF ONLINE FILLING UP OF EXAMINATION APPLICATION FORMS FOR CHARTERED ACCOUNTANTS – INFORMATION SYSTEMS AUDIT, ASSESSMENT TEST, 8th JANUARY 2022. ICAI has reopened online filling of CA ISA Assessment Test exam application. As per ICAI announcement the step has been taken in the interest of welfare & …