Blog {Team GSTFORCE.COM}

Posted On: 21 APR 2020 11:45AM by PIB Delhi The Central Board of Direct Taxes (CBDT) responding to some observations being circulated on social media alleging that the Income Tax Department is pursuing recovery proceedings and using arm-twisting methods by adjusting outstanding demands of the start-ups, today stated that these observations are completely unfounded and are total misrepresentation of facts. The CBDT said that its email seeking clarification from all those who are entitled to get tax refund but also have outstanding tax to pay cannot be misconstrued as harassment. These computer generated emails have been sent to almost 1.72 lakh assessees which includes all classes of taxpayers – from individual to HUF to firms, big or small companies including start-ups and therefore to say that start-ups are being singled out and harassed is total misrepresentation of facts. The CBDT said that these emails are part of the faceless communication which protects public money by ensuring t...

Additional activities exempted from Lockdown Measures under the Revised Guidelines, to come into effect from 20th April, 2020 Posted On: 15 APR 2020 11:18AM by PIB Delhi Government of India issued an Order on 14 th  April, 2020 that the lockdown measures stipulated in the Consolidated Guidelines of Union Ministry of Home Affairs (MHA) for containment of COVID-19 epidemic in the country, will continue to remain in force upto 3 rd  May, 2020.   In pursuance of the above said order of Government of India, MHA has issued consolidated revised guidelines regarding lockdown measures to be taken by Ministries/Departments of Government of India, State/UT Governments for containment of COVID-19 epidemic in the country. The guidelines also prescribe National Directives for COVID-19 management; SOPs for Social Distancing at offices, workplaces, factories and establishments; and, penalties for offences regarding violation of lockdown measures under relevant sections of Disaster Manage...

Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 and rules made thereunder on account of the threat posed by COVID-19 Posted On: 13 APR 2020 8:26PM by PIB Delhi In continuation of the earlier Circular (General Circular Number 14/2020) issued by the Ministry of Corporate Affairs (MCA) on 8 th  April, 2020 regarding conduct of extraordinary general meetings (EGMs) through video conferencing (VC) or other audio visual means (OAVM), the MCA has issued another Circular (General Circular Number 17/2020) today to provide greater clarity regarding issue of notices to members for such meetings by using only electronic means, in view of the COVID-19 related lockdown and social distancing requirements, while at the same time ensuring that the relevant companies facilitate registration of email addresses of the members who have not done so and make suitable disclosure in this regard at the time of issue of public notice in the newspapers. ...