CBDT has vide Circular No. 21/2021 dated 28/12/2021 provided one-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21 which are pending for verification and processing of suc...
Section 16(2)(aa) of CGST Act, 2017 which was inserted vide Section 109 of Finance Act, 2021 has been made applicable from 01/01/2022 vide Notification No. 39/2021 dated 21/12/2021. Section...
Central Government has vide Notification No. 38/2021-CT dated 21.12.2021 notified January 1, 2022 as the implementation date for Rule 10B of CGST Rules, 2017. Rule 10B which was notified vide Notification No. 3...
Update : CBDT has further extended due dates for filing of IT returns & various reports of audit for AY 21-22 Read more here : https://taxninja.in/blog/cbdt-extends-due-dates-for-filing-of-it-return...
The Government, vide Notification No. 19/2021- Central Tax, dated 01.06.2021, had provided relief to the taxpayers by reducing / waiving late fee for non-furnishing FORM GSTR-3B for the tax periods from July, 2...
CBDT vide its Press Release dated 29/08/2021 has extended date under section 3 of the Vivad se Vishwas Act. Under The Direct Tax Vivad se Vishwas Act 2020 (hereinafter referred to as “Vivad se Vishwas Act&r...
CBDT vide Circular No.16/2021 dated 29/08/2021 has provided extension of time lines for electronic filing of various Forms under the Income-tax Act, 1961. On consideration of difficulties reported by the tax...
On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of certain Forms under the provisions of the Income-tax Act,1961 read with Income-tax Rules,1962 (Rules), Central Boa...
The GSTN has issued a clarification over Negative Liability in GSTR-4 after several instances were noticed where taxpayers were reporting negative liability appearing in their GSTR-4 Background: Since FY 201...
Few important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers are as given below: A. Auto population of GSTR-3B liability from IFF and Form GSTR 1 : A taxpayer under QRMP Scheme can...
