To All Pr. Chief-Commissioners of Income-tax/Chief-Commissioner of Income-Tax All Pr. Director-Generals of Income-tax/Director-Generals of Income-tax. Madam/Sir Subject: Guidelines for compulsory selection of returns for Complete scrutiny during the Financial Year 2021-22 – conduct of assessment proceedings in such cases – regarding:- Kindly refer to the
Table of Contents IntroductionNew Portal of Income-tax IndiaFiling of ITR using the new filing portal Introduction CBDT has introduced a new income tax return filing portal. Return filing is now way simpler than earlier. In the case of small taxpayers, it can be filed without
Circular bases on ‘Rule 86A’ of GST Rules; experts say CBIC should ensure its uniformity across the nation Kerala has come out with detailed circular and Standard Operating Procedures (SoP) to streamline the process of blocking/unblocking of Input Tax Credit (ITC). Kerala is the
Oh yes, it is the buzzword. One of the boldest steps of the current government. It changes the entire taxation scenario in India. GST is a merger of all indirect taxes we had before 1-7-2017. Even at the time of lockdown GST compliances and filing
Introduction of GST Amnesty Scheme 2021 Amnesty means providing relief from some penal action. Recently GST amnesty scheme 2021 is announced by CBIC. It is a scheme to waive late fees. The fees are accumulated due to non-filing or late filing of returns. FAQ’s on
Table of Contents Amendment In 43rd GST Council Meeting And Notifications Dt. 02.06.2021Utilization of ITC by Landowner for payment of tax liability on Residential ApartmentsRead the copy in pdf: Amendment In 43rd GST Council Meeting And Notifications Dt. 02.06.2021 In an Area Sharing Joint Development
Table of Contents Introduction-Latest updates- ITC adjustment of Feb to August 2020Changes in GST returns, GSTR 3b and 1Auto draft of GSTR 3bRead and download a copy of the Press release-Watch the live discussion on changes in GST returns. Introduction- Due to lockdown, CBIC has
Table of Contents Tax CalendarIncome TaxRead & Download the full copy in pdf: Tax Calendar Due date Form/Return/Challan Reporting Period Description 07th June 2021 ITNS 281 May 2021 Due Date for Payment of TDS on all types of payments 07th June 2021 ITNS-281 May 2021
For the past almost two years, Covid-19 Pandemic has gripped the world and the Indian Sub-Continent cannot be expected to remain immune to this life-threatening virus. In fact, the ‘second wave’ of this Pandemic has turned out to be much more lethal than the
Table of Contents Not. 16/2021Not. 17/2021Not. 18/2021Read & Download the full Copy in pdf: Not. 16/2021 Provisions of Section 112 of FA 2021 is notified applicable from 1st July 2017 112. In section 50 of the Central Goods and Services Tax Act, in sub-section
