In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought the...
On 22nd December 2020, the CBIC has issued the Notification No. 94/2020 in which the various provisions related to ITC utilization and Registration has been...
The CBIC, on 27th November 2020, issued the Instructions containing the Standard Operating Procedure (SOP) for verification of taxpayers granted deemed registration. The Instruction reads...
The Ministry of Finance has extended various due dates falling on 31st October which are as follows:- Particulars Extended due date Tax Audit Report –...
The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. The meeting...
CBIC has released the Press release amidst of the discussions going on regarding the applicability of the Notification No. 63/2020 – Central Tax. It has...
e-Invoicing under GST is no longer a future in India but is gradually becoming the present with its implementation from the next quarter: October 2020....
The Central Board of Indirect Taxes and Customs has issued various notifications and instructions to give effect to the provisions introduced in the Finance Act...
On 12th June 2020, the Union Finance Minister Nirmala Sitharaman has hosted the 40th GST Council Meeting in which the following decisions has been taken:-...
CBIC has issued the clarification in respect of Director remuneration vide Circular No. 140/10/2020 where it has been clarified :- a. In the matter of...
The Institute of Chartered Accountants of India (ICAI) has released the Handbooks on the following topics:- Handbook on Advance Ruling under GST – Click here...
Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs Rs 20,000 crore Subordinate Debt for Stressed MSMEs Rs 50,000 crore equity infusion...
To download the Karnataka AAR, click here Karnataka AAR – Aggregate Turnover – Director Salary – Anil Kumar Agrawal To join our whatsapp group, click...