SOP for Income Tax E assessement released for Assessment unit ,Verification unit and Review unit F No Pr CCT(NeAC) 2019-20/343 Dated 19.11.2020 / 23.11.2020 Download Click here
How to Add representative for Income tax e proceeding reply I CA Satbir Singh
Instruction sheets for filling of ITR-2,3,5,6 & 7 revised for better clarity Click here to download
PRESS RELEASE Income Tax Department conducts searche s at various locations in Uttar Pradesh The Income Tax Department started a search and survey action on 18/11/2020 in the case of a leading cattle feed producer in Northern India. The search and survey actions are being carried out at 16 locations in Kanpur, Gorakhpur, Noida, Delhi… Read More »
Salient features of Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme 20/11/2020 Who can opt for the scheme: Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly basis w.e.f. 01.01.2021 : An RP who is required to file Form GSTR 3B with AATO of up to Rs 5 Cr.… Read More »
GSTR 3B Quarterly Filing Option Applicability I CA Satbir Singh
Ministry of Finance Arrest of a prominent Builder in a case of availment of fraudulent Input Tax Credit of Rs. 4.86 Crore on fake invoices Posted On: 19 NOV 2020 Mumbai/Nagur, November 19, 2020 The officials of DGGI, Nashik Regional Unit of DGGI, Nagpur Zonal Unit arrested a prominent builder of Nashik in an ongoing investigation… Read More »
GST Registration process to be changed : GST Council Law Commitee Meeting update 18.11.2020 The Centre and states are looking to further tighten the GST registration process and legal measures to deal with the rising cases of fake invoicing. A meeting of the law committee of the GST Council has been convened on Wednesday to… Read More »
Ministry of Finance Inter State Fake Invoice racket with fake transactions valued at over Rs. 131 Crore value busted by DGGI involving fraudulent Input Tax credit of Rs. 26.09 Crore Posted On: 18 NOV 202 Nagpur, 18 November 2020 An Inter State fake invoice racket with fake transactions valued at over Rs. 131 Crore involving 3 Taxpayers,… Read More »
HOW TO HANDLE INCOME TAX PROBLEMS, 29th Edition 2020 (AY 2021-22) Set of 2 Volumes by Narayan Jain & Dilip Loyalka (Author) Buy online Click here Dimensions : 24.5 x 6.5 x 19 cm ASIN : B08LNS3SL9 Publisher : Book Corporation (21 October 2020)