Tax Audit AY 2021-22 New Clarification by Income Tax Dept I CA Satbir Singh

By | January 7, 2022

Tax Audit AY 2021-22 New Clarification by Income Tax Dept I CA Satbir Singh   Clarification on Form 3CA-3CD, 3CB-3CD In order to avoid errors in form filing and verification, kindly ensure that following points are considered: 1. Use the latest version of the utility for generating JSON 2. Please re-enter data, if any, in… Read More »

Evasion of Customs duty of Rs. 653 crore by M/s Xiaomi Technology India Private Limited

By | January 5, 2022

Ministry of Finance Evasion of Customs duty of Rs. 653 crore by M/s Xiaomi Technology India Private Limited Posted On: 05 JAN 2022 4:13PM Based upon an intelligence that M/s Xiaomi Technology India Private Limited (Xiaomi India) was evading customs duty by way of undervaluation, an investigation was initiated by the Directorate of Revenue Intelligence… Read More »

RBI limits Rs 2000 for Offilne Transactions

By | January 3, 2022

Date : Jan 03, 2022 RBI releases Framework for Facilitating Small Value Digital Payments in Offline Mode The Reserve Bank has today placed on its website the ‘Framework for facilitating small value digital payments in offline mode’. The framework incorporates the feedback received from the pilot experiments on offline transactions conducted in different parts of the… Read More »

Category: RBI