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Showing posts from September, 2020

CBDT issues press note clarifying doubts arising on the applicability of TCS provisions introduced vide Finance Act, 2020. Circular No. 17 of 2020 dt 29.09.2020 containing guidelines for the same issued earlier.Detailed press release: https://t.co/7paxKLIwTd

Guidelines for unlock 5.0...important information..👆

One time relaxation in implementation of E-Invoice Provisions for the month of October, 2020. https://t.co/eNq2VPHyeh

After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020.

On further consideration of genuine difficulties being faced by taxpayers due to the Covid-19 situation, CBDT further extends the due date for furnishing of belated & revised ITRs for Assessment Yr 2019-20 from 30th September, 2020 to 30th November, 2020.Order u/s 119(2a) issued. https://t.co/QQii6qG3pt

The Ministry of Corporate Affairs had introduced a new scheme known as the Companies Fresh Start Scheme, 2020, valid from 01.04.2020 to 30.09.2020 to enable companies to make good their previous defaults. This Scheme has now been extended till 31.12.2020. https://t.co/8MOZa4iEWk

CBDT issues clarification that there is no requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares. Details in press release: https://t.co/M9K7cjUosN

Ministry of MSME re-activates the micro-industrialization process in Rural India Source: https://t.co/gsH9twZ4bx

Ministry of Micro,Small & Medium Enterprises Ministry of MSME re-activates the micro-industrialization process in Rural India To rejuvenate the grass root economy, Ministry comes out with new expanded versions of beneficiary oriented Self-Employment schemes After Agarbatti, new schemes announced for Pottery making and Beekeeping encompassing over 8000 beneficiaries to begin with in 2020-21 with an outlay of over Rs 130 crore Apart from beneficiary assistance, clusters with common facilities for these products also sanctioned; Centres of Excellence proposed Expansion of Schemes aimed at contributing to AtmaNirbhar Bharat Abhiyan Posted On: 17 SEP 2020 1:05PM by PIB Delhi A few days ago, Ministry of Micro Small and Medium Enterprises (MSME), had announced expanding and doubling the support to Artisans who might be interested in making Agarbatti. Taking these efforts further, the Ministry has now come out with new guidelines for two more schemes which include ‘Pottery Activity’ and ‘B

GSTR-2B for the month of August 2020 is available now.

Notification No. 65/2020-Central TaxSeeks to amend notification no. 35/2020-Central Tax dt. 03.04.2020 to extend due date of compliance under Section 171 which falls during the period from "20.03.2020 to 29.11.2020" till 30.11.2020