Amendment to Schedule III to the Companies Act, 2013

By | March 25, 2021

[TO BE PUBLISHED IN GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 24th March, 2021 G.S.R. (E).—In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further… Read More »

Companies (Audit and Auditors) Amendment Rules 2021. : Auditor Report Changes

By | March 25, 2021

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 24th March, 2021 G.S.R. 206(E).—In exercise of the powers conferred by sections 139, 143, 147 and 148 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies… Read More »

Companies (Accounts) Amendment Rules, 2021.: Mandatory Accounting software with audit Trail for companies

By | March 25, 2021

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 24th March, 2021 G.S.R. 205(E).—In exercise of the powers conferred by section 134 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Accounts) Rules, 2014, namely:- 1. Short title and commencement.-… Read More »

Opting-in for Composition Scheme for Financial year 2021-22

By | March 24, 2021

Opting-in for Composition Scheme for Financial year 2021-22 24/03/2021 How to opt-in for Composition Scheme: The eligible registered taxpayers, who want to opt-in for composition scheme for the FY 2021-22, need to file FORM GST CMP-02 application, on or before 31st March, 2021, post login on GST portal. The taxpayers may navigate as follows: Log-in>Services > Registration… Read More »

Taxpayers are free to utilise Input Tax Credit available in their credit ledger : Press Release

By | March 23, 2021

Ministry of Finance Taxpayers are free to utilise Input Tax Credit available in their credit ledger as permissible by law to discharge their GST due for March month Posted On: 21 MAR 2021 Unconfirmed reports have appeared in certain sections of the media that some GST officers are using unauthorised communication means such as phone calls,… Read More »

Category: GST

Income Tax Department conducts searches in Mumbai I Rs 270 Crore unaccounted Income

By | March 20, 2021

Ministry of Finance Income Tax Department conducts searches in Mumbai Posted On: 20 MAR 2021 The Income Tax Department carried out searches on 17.03.2021 in the case of a prominent builder and developer group based in Mumbai. Searches were also conducted in the case of dealers engaged in the business of trading of mobiles accessories.… Read More »