Extension of due date for filing Form GSTR-4 under optional 6% GST composition scheme for FY 2019-20 to 31.08.2020 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 59/2020 –Central Tax New Delhi, the 13th July, 2020 G.S.R.443(E).—In exercise of the powers conferred by …

One-time relaxation for Verification of ITRs pending due to non-filing of ITR­ V form till 30.09.2020 Circular No. 13/2020 F. No. 225/59/2020/ITA-IIGovernment of India Ministry of Finance Department of Revenue Central Board of Direct Taxes***** New Delhi, dated the 13th of  July, 2020 Subject: – One-time relaxation for …

Issue / Listing of Structured Products/ Market Linked Debentures-Third party valuation agency to be appointed by AMFI SECURITIES AND EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/DDHS/CIR/P/2020/120 July 13, 2020 To All issuers who have listed/ intend to list their Structured Products/ Market Linked Debentures All Registered Merchant Bankers All …

ICAI Multiple Choice Questions (MCQs) on Guidance Note on CARO 2020 The Ministry of Corporate Affairs issued the Companies (Auditor’s Report) Order, 2020 (CARO 2020) on 25th February 2020 which was initially applicable for the financial years commencing on or after the 1st April, 2019. However, due to …

Verification of applicable TDS rates u/s 194N on Cash Withdrawals-CBDT provides online utility/facilityfor banks/post offices   Government of IndiaDepartment of RevenueMinistry of FinanceCentral Board of Direct Taxes CBDT provides Utility to ascertain TDS Applicability Rates on Cash Withdrawals New Delhi, 12th July, 2020 The Income Tax Department has …

ICAI announces various capacity building initiatives taken for Chartered Accountant in Practice. ICAI in a Live Webinar held today, declared number of initiatives for members in practice in view of the due to Covid-19 pendemic. The President, ICAI outlined the challenges faced by the practicing CAs / firms …