Daily Archives: March 12, 2021

Circular No 147/03//2021 GST Refund Clarifications by CBIC

By | March 12, 2021

Circular No. 147/03//2021-GST CBEC-20/23/03/2020-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 12th March, 2021 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Clarification on… Read More »

CBDT Amended Form 12BA ,Form 16 and Form 24Q : Notification No. 15/2021 : Income-tax (3rd Amendment) Rules, 2021.

By | March 12, 2021

The CBDT has amended Form 12BA, Form 16 and Form 24Q vide Income-tax (3rd Amendment) Rules, 2021. The Finance Act, 2020 has brought concessional tax regime for individual taxpayers. Further Section 17(2) was amended to tax contribution made in excess of Rs. 7.50 lakh in hand of employees. The consequential changes related to the amendments… Read More »

GST Fraud Rs 43 Crore detected

By | March 12, 2021

Ministry of Finance DGGI Gurugram officials arrest man for input tax credit fraud of more than Rs 43 crore Posted On: 11 MAR 2021 12:05PM by PIB Delhi The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has arrested Shri Ravinder Kumar (aka Ravinder Garg), resident of New Delhi on charges of… Read More »

Category: GST