Ministry of Finance Clarification on doubts arising on account of new TCS provisions 30 SEP 2020 There are reports in certain sections of media wherein certain doubts have been raised regarding the applicability of the provisions relating to Tax Collection at Source (TCS) on certain goods introduced vide Finance Act, 2020. This press note is… Read More »
Income Tax Return date extended AY 2019-20 On further consideration of genuine difficulties being faced by taxpayers due to the Covid-19 situation, CBDT further extends the due date for furnishing of belated & revised ITRs for Assessment Yr 2019-20 from 30th September, 2020 to 30th November, 2020.Order u/s 119(2a) issued.
MINISTRY OF FINANCE (Department of Revenue) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS NOTIFICATION New Delhi, the 30th September, 2020 No. 69/2020 – Central Tax G.S.R. 595(E).—In exercise of the powers conferred by sub-section (1) of section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017), read with rule 80 of… Read More »
CBDT authorized to upload GST returns info in 26AS In exercise of powers conferred under Rule 114-I, the CBDT has authorized the Principal DGIT (Systems) or the DGIT (Systems) to upload information relating to GST return, which is in his possession, in the Annual Information Statement in Form 26AS. Such information is to be uploaded… Read More »
GSTR 9 and 9C date Extended for FY 2018 19 CA satbir singh After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020. Notification follows.