#tax charcha Archives

E-Invoicing to be applicable for Registered Persons having Aggregate Turnover of more than Rs. 50 Crores from 01-04-2021 onwards

Team Taxcharcha08/03/2021

by Team Taxcharcha08/03/20210488

The Central Board of Indirect Taxes and Customs (CBIC) has issued the Notification No. 5/2021-Central Tax in which it has been notified that the E-invoicing...

Income Tax Latest

CBDT to validate Unique Document Identification Number (UDIN) generated from ICAI portal at the time of upload of Tax Audit Reports

Team Taxcharcha26/11/202005/12/2020

by Team Taxcharcha26/11/202005/12/20200637

The Institute of Chartered Accountants of India, in its gazette notification dated 2nd August, 2019, had made generation of UDIN from ICAI website www.icai.org mandatory for every kind...

Blogs GST Latest

Interest in GST to be levied on Net Tax Liability w.e.f. 01-09-2020

Team Taxcharcha25/08/202025/08/2020

by Team Taxcharcha25/08/202025/08/20200654

On 25th August 2020, Central Board of Indirect Taxes and Customs (CBIC) has notified the Notification No. 63/2020 – Central Tax in which it has...

CGST Tax Notifications GST GST Latest Tax Notifications

Notification No. 58/2020-Central Tax – Filing of Nil GSTR 3B and GSTR 1 through SMS

Team Taxcharcha02/07/2020

by Team Taxcharcha02/07/20200537

The CBIC has notified the Notification no. 58/2020- Central tax dated 1st July 2020 in which rule 67A has been notified which says about the...

GST Latest

Recommendations of 40th GST council related to Law & Procedure

Team Taxcharcha12/06/202012/06/2020

by Team Taxcharcha12/06/202012/06/20200376

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:-...

CGST Circulars GST GST Latest

CBIC issues clarification in respect of remuneration to Directors

Team Taxcharcha10/06/2020

by Team Taxcharcha10/06/20200611

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...

CGST Circulars GST GST Latest

Circular No. 139/09/2020 – Clarification on Refund related issues

Team Taxcharcha10/06/2020

by Team Taxcharcha10/06/202001310

In the Circular No. 125/44/2019, it has been clarified that the refund shall be granted even for those invoices which are not being reflected in...

GST Latest

Government rolls out facility of filing of NIL GST Return through SMS

Team Taxcharcha08/06/202008/06/2020

by Team Taxcharcha08/06/202008/06/20200415

Today, the Ministry of Finance has released the press release in which it has been stated that now the taxpayers can file their Nil GSTR...

GST Latest

ICAI releases Handbooks on GST

Team Taxcharcha01/06/2020

by Team Taxcharcha01/06/202001051

The Institute of Chartered Accountants of India (ICAI) has released the Handbooks on the following topics:- Handbook on Advance Ruling under GST – Click here...

Income Tax Latest

Income Tax Department notifies Income Tax Forms for AY 2020-21

Team Taxcharcha30/05/2020

by Team Taxcharcha30/05/20200506

The Income Tax Department has notified the Income tax forms i.e. ITR 1 to ITR 7 for AY 2020-21. To view and download the Income...

Income Tax Latest

Form 26AS amended notified vide Notification No. 30/2020

Team Taxcharcha29/05/2020

by Team Taxcharcha29/05/20200362

Section 285BB has been amended and a new rule 114 I has been inserted which states that the following information should be shown in the...

Income Tax Latest

Clarifications in respect of prescribed electronic modes under section 269SU of the Income-tax Act, 1961

Team Taxcharcha20/05/2020

by Team Taxcharcha20/05/20200427

...

Income Tax Latest

Reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS)

Team Taxcharcha14/05/202014/05/2020

by Team Taxcharcha14/05/202014/05/20200418

In order to provide more funds at the disposal of the taxpayers for dealing with the economic situation arising out of COVID-19 pandemic, the rates...

GST Income Tax Latest

Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19

Team Taxcharcha14/05/2020

by Team Taxcharcha14/05/20200387

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...

GST Income Tax Latest

Live : Union FM Nirmala Sitharaman Ji addressing press conference on Economic package

Team Taxcharcha13/05/2020

by Team Taxcharcha13/05/20200340

[embedyt] https://www.youtube.com/watch?v=whSlkM7GS9Y&live=1[/embedyt]...

G.S.T GST Latest Recent Case Laws

Karnataka AAR – Anil Kumar Agrawal – Executive Director Salary exempt from GST

Team Taxcharcha12/05/2020

by Team Taxcharcha12/05/20200687

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2020/05/Karnataka-AAR-3.odt” comments=”true” SVG=”true”] To download the Karnataka AAR, click here Karnataka AAR – Aggregate Turnover – Director Salary – Anil Kumar Agrawal To join...

GST Latest

All about Input Service Distributors

Team Taxcharcha11/05/2020

by Team Taxcharcha11/05/20200450

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2020/05/ISD-1.odt” comments=”true” SVG=”true”]...

Blogs Income Tax Latest

Section 44AB for FY 2020-21

Team Taxcharcha09/05/202009/05/2020

by Team Taxcharcha09/05/202009/05/202001223

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2020/05/SECTION-44AB-1.odt” comments=”true” SVG=”true”]...

Income Tax Latest

Deferment of implementation of new procedure for approval/notification/registration of certain entities u/s. 10(23C), 12AA, 35 & 80G to 1st October 2020

Team Taxcharcha09/05/2020

by Team Taxcharcha09/05/20200368

...

Income Tax Latest

Clarification in respect of residency under section 6 of the Income tax act 1961

Team Taxcharcha09/05/2020

by Team Taxcharcha09/05/20200395

...

CGST Circulars GST GST Latest

Circular No. 138/8/2020 – Clarifying ‘issues in respect of challenges faced by the registered persons in implementation of provisions of GST Laws

Team Taxcharcha07/05/2020

by Team Taxcharcha07/05/20200343

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2020/05/Circular_Refund_138_8_2020.odt” comments=”true” SVG=”true”]...

CGST Tax Notifications GST GST Latest

Notification No. 42/2020-Central Tax – Extend the due date for furnishing FORM GSTR-3B, Jan-March, 2020 returns for the taxpayers registered in Ladakh.

Team Taxcharcha06/05/2020

by Team Taxcharcha06/05/20200332

Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 42/2020 – Central Tax New Delhi, the...

CGST Tax Notifications GST GST Latest Tax Notifications

Notification No. 41/2020-Central Tax – Extension of due date for furnishing of Form GSTR 9 and GSTR 9C for FY 2018-19 till 30-09-2020

Team Taxcharcha06/05/2020

by Team Taxcharcha06/05/20200388

Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 41/2020 – Central Tax New Delhi, the...