Companies Compliance Facilitation Scheme 2026
On 24th February 2026, the Ministry of Corporate Affairs (MCA) has issued General circular No. 01/2026 launching the “Companies Compliance Facilitation Scheme 2026”. This is...
Tag : taxcharcha
Hosting of Multipurpose Empanelment Form (MEF)- 2024-25
Professional Development Committee The Institute of Chartered Accountants of India 17th September, 2024 Announcement Hosting of Multipurpose Empanelment Form (MEF)- 2024-25 Professional Development Committee (PDC)...
Circular No. 232/26/2024-GST – Clarification on place of supply of data hosting services provided by service providers located in India to cloud computing service providers located outside India
Circular No. 232/26/2024-GST F. No. CBIC-20001/6/2024-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing...
Circular No. 231/25/2024-GST – Clarification on availability of input tax credit in respect of demo vehicles
Circular No. 231/25/2024-GST F. No. CBIC-20001/6/2024-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing...
Analysis of Invoice Management System (IMS)
On the GST portal, a new facility shall be implemented with effect from 1st October 2024 in which the supplier and recipient will be able...
Download Finance Bill (No. 2) 2024 and Memorandum explaining the provisions in Finance Bill
The first Union Budget for Modi 3.0 Government has been presented on 23rd July 2024. To download the Finance Bill and Memorandum explaining the provisions...
Recommendations of 53rd GST Council Meeting
The 53rd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi today. The meeting...
Income tax update – Amended in Form 27Q
The Central Board of Direct Taxes (CBDT) has amended the Form 27Q by inserting the Note 7A under the head “Verification”. The notification reads as...
Circular 7/2024 – Income Tax || Extension of due date for filing of Form No. 10A/10AB under the Income tax act
The Income Tax Department vide circular dated 25th April 2024 has extended the due date for filing of Form No. 10A/10AB till 30-06-2024. The due...
Circular 6/2024 – Income Tax || Extension of date for PAN become operative in case of non deduction of TDS at higher rates
The Income Tax Department has issued the Circular No. 6/2024 dated 23rd April 2024 in which it has been stated that the Department shall not...
Commencement of Live Virtual Classes (LVC Batch – 2) under the New Scheme from 27th April 2024 for the students of CA Foundation/Intermediate/Final courses appearing in September/November 2024 examinations
Board of Studies announces the commencement of 2nd Batch of ‘Live Virtual Classes’ under the New Scheme of Education and Training. To handhold and support...
Re-opening of online empanelment of members to act as Obervers for May / June 2024 examinations
The Institute of Chartered Accountants of India (ICAI) has decided to reopen the online empanelment of members to act as observers at the examination centres...
GSTN advisory – Enhancement in GST portal
Dear Taxpayers, 1. GSTN is pleased to inform that an enhanced version of the GST portal would be launched on 3rd May 2024. The effort is...
Notification regarding time limit for verification of return of income after uploading
The Central Board of Direct Taxes (CBDT) has issued the notification regarding the time limit for verification of Income tax returns after uploading. It is...
Delhi GST Department issues Instructions for Rectification of Orders
On 1st March 2024, the Delhi GST Department issued the instructions for rectification of assessment orders. This is the result of agitation being carried out...
ICAI releases GST Acts and Rules – Bare Law – updated upto January 2024
The Institute of Chartered Accountants of India (ICAI) has released the GST Acts and Rules updated upto 22nd January 2024. The earlier version of the...
Application Deadline for the National Startup Awards 2023 extended till15th June 2023
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry introduced the National Startup Awards (NSA) in 2020....
₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth
The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is ₹1,57,090 crore of which CGST is ₹28,411 crore, SGST is ₹35,828 crore, IGST...
GST Update – Rationalisation of late fee for GSTR-9 and Amnesty to GSTR-9 non-filers
In the Notification No. 07/2023-Central tax, the CBIC has notified that from FY 2022-23 onwards, the late fee in respect of the filing of GSTR...
GST Update – Amnesty scheme for deemed withdrawal of assessment orders issued under Section 62
The CBIC vide Notification no. 6/2023-Central tax dated 31st March 2023 has notified the Amnesty scheme for deemed withdrawal of assessment order issued under Section...
GST Update – Guidelines for Special All-India Drive against fake registrations
The CBIC has issued the guidelines for Special All India Drive against fake registrations which will take place between 16th May 2023 to 15th July...
Income Tax update – CBDT introduces E-appeal scheme
The Central Board of Direct Taxes (CBDT) has notified the E-appeal scheme 2023 in which the Joint Commissioner (Appeals) have been made the designated authority....
Income Tax Update – Filing of SFT extended for few days
In the twitter notification by the Income tax department, the department has notified that due to the heavy traffic while filing the SFT, some taxpayers...
Income Tax Update – Clarification regarding provisions relating to charitable and religious trust
The Central Board of Direct Taxes (CBDT) has issued the clarification regarding provisions relating to charitable and religious trusts vide Circular No. 6 of 2023...