Ministry of Finance Faceless Appeals launched by CBDT today- Honoring The Honest Posted On: 25 SEP 2020 The Income Tax Department today launched Faceless Income Tax Appeals. Under Faceless Appeals, all Income Tax appeals will be finalised in a faceless manner under the faceless ecosystem with the exception of appeals relating to serious frauds, major… Read More »
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th September, 2020 (INCOME-TAX) S.O. 3304(E).—In exercise of powers conferred under sub-section (2) of section 143 of Income-tax Act, 1961 (43 of 1961) (the Act) read with Rule 12E of the Income-tax Rules, 1962, the Central Board of Direct Taxes… Read More »
New updates on GST Portal I GSTR 4I GSTR 10 I ITC Comparison table I CA Satbir Singh Relief in late fees to Taxpayers filing Form GSTR-4 or 10 and change in navigation of Comparison of liability declared and ITC claimed report 23/09/2020 Relief to Composition Taxpayers in late fees for delayed filing of Form… Read More »
ITR 6 Enabled I All Income Tax Returns Enabled for Filing AY 2020-21 I CA satbir Singh
GSTR 10 Late Fees waiver NOTIFICATION New Delhi, the 21st September, 2020 No. 68/2020 – Central Tax G.S.R. 573(E).—In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Government, on the recommendations of… Read More »
GSTR 4 Late fees waiver NOTIFICATION New Delhi, the 21st September, 2020 No. 67/2020 – Central Tax G.S.R. 572(E).—In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), read with section 148 of the… Read More »
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 21st September, 2020 No. 66/2020–Central Tax G.S.R. 571(E).—In exercise of the powers conferred by section 168A of the Central Goods and Services Tax Act, 2017 (12 of 2017), read with section 20 of the Integrated Goods and Services… Read More »
Ministry of Finance Borrowing of money to meet GST revenue shortfall Posted On: 20 SEP 2020 As per provision in Sections 7, 8 & 10 of the GST (Compensation to States) Act, 2017, the issue of pending GST compensation and future course of action to meet the GST compensation shortfall has been discussed in 41st GST… Read More »
Ministry of Finance 35,074 taxpayers opt for Vivad Se Vishwas Scheme Posted On: 20 SEP 2020 The total number of taxpayers who have opted for the Direct Tax Vivad Se Vishwas Act since its enactment is 35,074 through Form-1 (Declaration under the scheme) that have been submitted till 8th September, 2020. This was stated by Shri Anurag Singh Thakur,… Read More »
THE AIRCRAFT (AMENDMENT) ACT, 2020 [19th September, 2020] An Act further to amend the Aircraft Act, 1934. BE it enacted by Parliament in the Seventy-first Year of the Republic of India as follows:— 1. This Act may be called the Aircraft (Amendment) Act, 2020 Download THE AIRCRAFT (AMENDMENT) ACT, 2020 Click here