Extension of due date of payment of TDS u/s 194M and issue of Certificate in Form 16D for Sep-Oct 2019 F. No. 370142/18/2019-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueTax Policy DivisionCentral Board of Direct Taxes***** Circular no. 31/2019 147B-II, North Block, New DelhiDated 19’h December, 2019 Subject: Order …

CBDT revises Format of CA report u/s 80JJAA in respect of deduction for employment of new employees  MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 104/2019 New Delhi, the 18th December, 2019 INCOME-TAX G.S.R. 937(E).—In exercise of the powers conferred by clause (c) of sub-section …

Revision u/s 263 done on issues not covered under limited scrutiny quashed as AO had already verified those issues for which limited scrutiny was conducted. ABCAUS Case Law Citation:ABCAUS 3201 (2019) (12) ITAT Important case law relied upon by the parties:Malabar Industrial Co. Ltd., (2000) 243 ITR 83(SC) …

Income Tax Act is welfare not penal legislation. intention is to provide benefit of doubt to assessee in the given facts and circumstances ABCAUS Case Law Citation:ABCAUS 3200 (2019) (12) ITAT In the instant case, the appeal was preferred by the assessee against the order of the CIT(Appeals). …

GST Councils 38th meeting held on 18th December 2019. Highlights of decisions taken on Rate Changes   Ministry of FinancePress Release GST Council’s decisions On Rate Changes The 38th meeting of the GST Council met under the Chairmanship of the Union Minister for Finance & Corporate Affairs Smt. …

GST Councils 38th meeting held on 18th December 2019. Highlights of decisions taken on Law/Procedure changes. Further Extension of GSTR 9 Annual Return   Ministry of Finance Press Release GST Council’s decisions regarding Law and Procedure related changes The 38th meeting of the GST Council met under the …