Notification No 59/2020 Central Tax : GSTR 4 Date Extension

By | July 14, 2020

GSTR 4 Date Extension MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 13th July, 2020 No. 59/2020 – Central Tax G.S.R. 443(E).—In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the… Read More »

One-time relaxation for Verification of tax returns : Circular 13/2020

By | July 13, 2020

One-time relaxation for Verification of tax-returns for the Assessment years 201S-16, 2016-17, 2017-18, 2018-19 and 2019-20 which are pending due to non-filing of ITRV form and processing of such returns – reg. Circular No. 13 /2020 F. No. 225/59/2020/ITA-1I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi,… Read More »

CBDT provides Utility to ascertain TDS applicability rates on cash withdrawals

By | July 13, 2020

 TDS applicability rates on cash withdrawals Government of India Department of Revenue Ministry of Finance Central Board of Direct Taxes New Delhi, 12th July, 202 PRESS RELEASE CBDT provides Utility to ascertain TDS applicability rates on cash withdrawals The Income Tax Department has facilitated a new functionality for Banks and Post offices through which they… Read More »

ICAI Technical Guide on Corporate Social Responsibility Activities Accounting Expenditure

By | July 12, 2020

CSR Committee The Institute of Chartered Accountants of India 6th July, 2020 ANNOUNCEMENT The CSR Committee has released the Technical Guide on Accounting for Expenditure on Corporate Social Responsibility Activities on 1st July, 2020, which has also been hosted on the website of the Institute link https://www.icai.org/resource/60115csr48973tg.pdf Subsequent to the issue of the Technical Guide on… Read More »