CBIC has issued GST Notifications as per the recommendations of the 47th meeting of the GST Council Sl Subject Notification No. 1. Provisions of clause (c) of section 110 and section 111 of the Finance Act, 2022 related to payment of interest on wrong utilisation of input tax …

Release of Compendium of Ind AS (as on April 01, 2022) and related guidance material Compendium of Ind AS is a comprehensive up-to-date version encompassing all the rounds of amendments issued by MCA till date that are effective as of 1st April, 2022. Further, the guidance material comprises …

CBDT specifies non-fungible token which shall not be considered as virtual digital asset   MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 75/2022 New Delhi, the 30th June, 2022 (Income-tax) S.O.2959(E).––In exercise of the powers conferred by clause (a) of Explanation to clause (47A) of section …

CBDT notifies virtual digital assets excluded from the definition of virtual digital asset MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 74/2022 New Delhi, the 30th June, 2022 (Income-tax) S.O.2958(E).––In exercise of the powers conferred by proviso to clause (47A) of section 2 of the …

MCA further relaxes additional fees for filing Annual Return by LLPs upto 15.07.2022 MCA has issued General Circular No. 07/2022 dated 29.06.2022 further extending the timeline for filing Annual Return by LLPs for Financial Year 2021-22 without paying additional fee up to 15th July 2022. Earlier, MCA vide …

  CBDT notifies Form No. 26QF TDS statement under section 194S for TDS on transfer of a virtual digital asset    MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)   Notification No. 73/2022   New Delhi, the 30th June, 2022 INCOME-TAX   G.S.R.482(E).—In exercise of the powers …