Notification No. 16/2021 : Income-tax (4th Amendment) Rules, 2021

By | March 13, 2021
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MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th March, 2021 G.S.R 175(E).—In exercise of the powers conferred by section 285BA read with section 295 of the Incometax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend Income-tax… Read More »

Circular No 147/03//2021 GST Refund Clarifications by CBIC

By | March 12, 2021
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Circular No. 147/03//2021-GST CBEC-20/23/03/2020-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 12th March, 2021 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Clarification on… Read More »

CBDT Amended Form 12BA ,Form 16 and Form 24Q : Notification No. 15/2021 : Income-tax (3rd Amendment) Rules, 2021.

By | March 12, 2021
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The CBDT has amended Form 12BA, Form 16 and Form 24Q vide Income-tax (3rd Amendment) Rules, 2021. The Finance Act, 2020 has brought concessional tax regime for individual taxpayers. Further Section 17(2) was amended to tax contribution made in excess of Rs. 7.50 lakh in hand of employees. The consequential changes related to the amendments… Read More »

GST Fraud Rs 43 Crore detected

By | March 12, 2021
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Ministry of Finance DGGI Gurugram officials arrest man for input tax credit fraud of more than Rs 43 crore Posted On: 11 MAR 2021 12:05PM by PIB Delhi The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has arrested Shri Ravinder Kumar (aka Ravinder Garg), resident of New Delhi on charges of… Read More »

Category: GST

Reverse Charge Mechanism under GST (2021 edition) Book by CA Satbir Singh

By | March 11, 2021
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Reverse Charge Mechanism under GST (2021 edition) – 1 January 2021 by CA. SATBIR SINGH Price Rs 699 Click here to buy online Publisher : Bharat Law House Pvt. Ltd. (1 January 2021) Language : English About Reverse Charge Mechanism under GST Part I Chapter 1       RCM under GST: Past to Present Chapter 2       Registration under RCM Chapter 3       Time of Supply… Read More »