The Central Board of Indirect Taxes and Customs (CBIC) has issued following notifications under GST to implement the relief measures due to outbreak of Covid-19 and Nationwide lockdown as taken into the 40th&nb...
The Authority of Advance Ruling (AAR), Gujarat, has ruled that any corporate providing security services and/or supplying manpower to the Central, State or Local Governments or any other government authority is eligible ...
In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliance requirements across sectors due to the outbreak of Novel Corona Virus (COVID-19), the Government brought the Taxation and Ot...
Finance Act, 2019 has inserted a new seventh proviso to section 139(1) to provide for mandatory filing of return of income for undertaking certain high-value transactions even though the person is otherwise not required ...
The Central Board of Indirect Taxes and Customs (CBIC) notified that the Companies incorporated under the Companies Act, 2013 can verify their FORM GSTR-3B and FORM GSTR-1 through Electronic Verification Code (EVC) vide ...
Today, we are going to discuss on steps to check outstanding demand against a particular TAN number. Step 1: Login on Traces website as deductor. Step 2: Click on “Dashboard”. Step 3: A...
India is under Lockdown since 25 March, 2020 due to Covid 19 Crisis. And it seems that ITC under GST is one of the aspect that has been affected in the presence of lockdown. Let us understand whether ITC availed ...
CBDT notifies Income Tax Cost Inflation Index for Financial Year 2020-21 or Assessment Year 2021-22 vide Notification No. 32/2020-Income Tax dated 12th June 2020 at 301. Cost Inflation Index is ut...
The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing . The meeting was also attended by Union Minister of State for Fina...
The Central Board of Indirect Taxes and Customs (CBIC) vide Circular No: 140/10/2020 - GST clarified that remuneration to directors — whatever name they are referred to as (independent directors or w...
