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 September 30, 2020 Read more
One time relaxation in implementation of E-Invoice Provisions for the month of October, 2020. https://t.co/eNq2VPHyeh September 30, 2020 Read more
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. September 30, 2020 Read more
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 September 30, 2020 Read more
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 September 28, 2020 Read more
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 September 26, 2020 Read more