Month: December 2021

Central Goods and Services Tax (Tenth Amendment) Rules 2021

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 ITRs e-filed for AY 2020-21 

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 …

Faceless Appeal Scheme 2021 notified by CBDT

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

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 …