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Showing posts from June, 2021

Govt announces tax exemption for expenditure incurred on Covid treatment &ex-gratia amount recd on death due to Covid.Granting further relief in difficult Covid times, dates of several compliances extended vide Notification Nos 74/2021 & 75/2021 &Circular No 12/2021 dt25.06.2021 https://t.co/MzMgpcM8Lj

Compliance Check functionality for Section 206AB & 206CCA (refer CBDT Circular No. 11/2021 dt 21.06.2021) facilitates tax deductors/collectors to verify if a person is a “Specified Person”. Procedure for using the functionality is available at https://t.co/u5Z1LwOjV5@FinMinIndia

Clarification issued on applicability of GST on supply of various services by Central and State Boards (such as National Board of Examination). https://t.co/h37AFk29hN

Clarification issued on applicability of GST on milling of wheat into flour or paddy into rice for distribution by Government/Local authority under PDS. https://t.co/dmz5mUjRGr

GST Rates slashed on number of items crucial in the fight against COVID19.#UnitedToFightCorona https://t.co/UNVnNHRkmY

Net Direct Tax collections for FY 2021-22 at Rs. 1.86 lakh crore, show growth of over 100% over collections of corresponding period in preceding yr.Advance Tax collections for the first quarter of FY 2021-22 are at Rs. 28,780 crore &show a growth of 146% over same period last yr https://t.co/fgUCmVuO1j

CBDT notifies the Cost Inflation Index(CII) for Financial Year 2021-2022 vide Notification No. 73/2021 dated 15th June, 2021. The Cost Inflation Index for FY 2021-22 relevant to AY 2022-23 & subsequent years is 317. https://t.co/8kfgHVBEDo

Senior Finance Ministry officials to hold interactive meeting with Infosys on 22nd June, 2021 on issues in the new IT e-Filing portal. Stakeholders including ICAI members, auditors, consultants &taxpayers to be part of the interaction. @Infosys team to clarify on glitches faced. https://t.co/d1RzbReDr7

CBDT grants relaxation in electronic filing of forms 15CA & 15CB in view of difficulties reported by taxpayers in filing of forms online on the new e-filing portal incometax.gov.in. The forms can be submitted in manual format to the authorised dealers till 30th June, 2021. https://t.co/tQPn10HG03

✅New, taxpayer friendly e-filing portal of IT Department to be launched on 7th June, 2021✅Several new features introduced ✅Free of cost ITR preparation interactive software available✅New call centre for taxpayer assistance ✅Press release issued :https://t.co/T7gcDeDgEK https://t.co/4O6MckYWjx

👉🏻Webinar on Relevance of Valuation for True Economic Value under Epidemic Crisis On Saturday, *05th June*, 2021 from 04:00 PM onwards by

CA, CS, CMA Rammohan Bhave (RRF and LIMCA Record Holder),  Program Director CA. IP, RV Navjit Singh 👇🏻 👇🏻 👇🏻 https://bit.ly/34ztzAf