Press Release Extension of last date for availing the benefit of alternate composition scheme 04 July 2019 Vide notification No. 02/2019-Central Tax (Rate) dated 07.03.2019, as amended by notification No. 09/2019-Central Tax (Rate) dated 29.03.2019, an alternate composition scheme has been made available to those suppliers of services or mixed suppliers, who were not eligible… Read More »
Widening the scope of Statement of Financial Transactions (SFT) Existing provisions of section 285BA of the Act, inter alia, provide for furnishing of statement of financial transaction (SFT) or reportable account by person specified therein. In order to enable pre-filling of return of income, it is proposed to obtain information by widening the scope of… Read More »
Budget 2019-20 Key Decisions Here is the Summary of Budget 2019-20 decisions Finance Bill 2019 : Download ( 5th July 2019) Income Tax Return Mandatory AY 2020-21 : Changes by Budget 2019-20 Changes in GST by Budget 2019-20 Consequence of not linking PAN with Aadhaar Filing ITR with Aadhaar & Penalty for not quoting PAN/Aadhaar… Read More »