Due date extended for filing Form GSTR-3B for the month of October, 2024 to 21st November, 2024, for the registered persons whose principal place of business is in the state of Maharashtra and Jharkhand MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 26/2024–Central …

Condonation of delay in filing Form No. 9A/10/10B/10BB for AY 2018-19 & subsequent Assessment Year – CBDT order u/s 119(2)(b) CBDT has issued Circular No. 16/2024 dated 18.11.2024 authorising condonation of delay in filing Form No. 9A/10/10B/10BB for AY 2018-19 & subsequent Assessment Year where delay is up …

NFAC order was set aside by High Court as notice sent by e-mails were received in ‘spam’ folder In a recent judgment, Hon’ble Kerala High Court has set aside appellate order passed by NFAC as the notice of hearing sent by e-mails were received in ‘spam’ folder and …

Enhancing Tax Transparency on Foreign Assets & Income: Understanding CRS & FATCA CBDT has issued a guidance note on Common Reporting Standard (CRS) and Foreign Account Tax Compliance Act (FATCA) along with a Step-by -Step Guide to fill FSI, TR and FA Schedule in ITR Purpose of CRS and …

Compensation received by the assessee from the builder for cancelling the allotment of flat for delay not chargeable to tax being in the nature of capital receipt.  In a recent judgment, ITAT Delhi has held that compensation received by the assessee from the builder for cancelling the allotment …

FCRA has issued illustrative list of section wise reasons of denial/refusal of applications of FCRA Registration & Renewal.  Applications for grant of Registration and Renewal received from the applicants are processed under the provisions of the Foreign Contribution (Regulation) Act, 2010 (FCRA 2010) and/or the Foreign Contribution (Regulation) …