Ministry of Finance E-mails for facilitating faster refund can not be misconstrued as harassment: CBDT Posted On: 21 APR 2020 11:45AM by PIB Delhi The Central Board of Direct Taxes (CBDT) responding to some observations being circulated on social media alleging that the Income Tax Department is pursuing recovery proceedings and using arm-twisting methods by… Read More »
Circular No.22/2020 Customs F. No.450/119/2017-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Customs) Circular No.22/2020 Customs ***** Room No.229A, North Block, New Delhi. New Delhi, dated the 21st of April, 2020 To, All Principal Chief Commissioners/ Chief Commissioners of Customs/ Customs (Preventive), All Principal Chief Commissioners/… Read More »
GST Late Fees Videos on Waiver of GST Late Fees GST Late Fees Waiver I लेट फीस माफ़ हुई I GSTR 3B & GSTR 1 I CA Satbir Singh New GST Due Dates I Interest I Late Fees I ITC I Feb 2020 to May 2020 GSTR 1 Penalty for Late Filing : Changes from… Read More »
TDS on Purchase of Property I TDS on Property Sale I Section 194IA I CA Satbir Singh Who will pay TDS on sale of property? How is TDS calculated on property purchase? Is TDS on property refundable? What is the due date for payment of TDS on property? What happens if TDS is not deducted… Read More »
Ministry of Finance CBDT revising return forms to enable taxpayers avail benefits of timeline extension due to Covid-19 Posted On: 19 APR 2020 In order to enable income taxpayers to avail full benefits of various timeline extensions granted by the Government of India due to Covid-19 pandemic situations, the CBDT is revising the return forms for FY… Read More »
New Tax on Online Sale of Goods and Services I CA Satbir Singh section 194o of income tax,section 194o income tax act 194-o,194o of income tax act,tds on e-commerce transactions tds on e commerce commission
GST Notice demanding Interest not valid as SCN not issued : HC Assuming that sub section (1) of Section 73 is not applicable, in our view, before penalizing the assessee by making him pay interest, the principles of natural justice ought to be complied with before making a demand for interest under sub section (1)… Read More »
GST Order levying Interest not Valid as passed without hearing Taxpayer : HC GST Order levying Interest:HC HIGH COURT OF PATNA Gaya Marketing v. State of Bihar SANJAY KAROL, CJ. AND ANIL KUMAR UPADHYAY, J. CIVIL WRIT JURISDICTION CASE NO. 23783 OF 2019 JANUARY 14, 2020 Gautam Kumar Kejriwal, Advocate for the Petitioner. Vikash Kumar, for the Respondent. ORDER… Read More »
Advisory for Bank Branch Auditors- 2019-20 by ICAI It is to inform that Professional Development Committee,ICAI has issued an advisory for the Bank Branch Auditors for initiating the process of Statutory bank branch audit remotely to ensure timely and effective Bank Audit. The said advisory has been emailed to all the Applicants whose names were… Read More »
Direct Tax Dispute Resolution Scheme 2016 Relief not allowed after delay of 3 years : HC Direct Tax : Petitioner’s appeal before the CIT(A) was dismissed on 31st March, 2016. The Petitioner’s application admittedly made on 9th August, 2016 after the Appeal was dismissed. This application came to be rejected on 22nd September, 2016, as… Read More »