The Central Board of Direct Taxes (CBDT) has notified the extension of the due dates for filing Income Tax Return (ITR), Tax Audit, TDS Statement and Other compliances vide Circular No. 9/2021 dated 20/05/2021. T...
The Directorate of Income Tax (Systems) has released a instruction to it's office bearers that the Income Tax Department is in the process of launching a new e-filing portal on June 7, 2021. In preparation for t...
The Good and Service Tax Network has said that the GSTR-2B for April 2021 will be generated after the due dates. The Rule-60(7) of CGST Rules-2017 prescribes for generation of auto-drafted statement containing the det...
The Central Board of Direct Taxes (CBDT) has notified relaxation in Cash Payments of more than 2 Lakhs for Hospitals amid COVID19 vide Notification No. 56/2021 dated 07/05/2021. The Central Government, in exerc...
Amidst the COVID19 pandemic throughout the country and lockdown already in force in most parts of the country, CBIC has issued various notifications to provide relief to the taxpayers for various GST compliance. Summa...
CBDT has extended various deadlines of certain compliances in light of the COVID19 pandemic vide Circular No. 08/2021 dated 30/04/2021. In view of the adverse circumstances arising du...
In view of the severe Covid-19 pandemic raging unabated across the country affecting the lives of our people, and in view of requests received from taxpayers, tax consultants & other stakeholders that various time ba...
With effect from 1st January, 2021, all taxpayers with Annual Aggregate Turnover up to Rs 5 Crore have been given an option to file their Form GSTR-1 Statement and Form GSTR-3B return on a quarterly basis. They also have...
The new features related to filing of Statement/ Returns by taxpayers under QRMP Scheme, for the quarter Jan-Mar., 2021, has been made available which are summarized below. Auto Generation of Form GSTR-2B, for th...
GSTN has issued a clarification on reporting 4-digit and 6-digit HSNs after it's helpdesk was in receipt of some tickets at helpdesk wherein it was reported that certain 6-digit HSN codes were not available in H...