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Request to implement OTS in Punjab VAT Assessment cases of small taxpayers
THE PUNJAB ACCOUNTANTS ASSOCIATIONOFFICE : R. K. ASSOCIATES, SEHDEV MARKET, JALANDHARCITYMob : 98151-98051, 98780-20386, 98153-23059E-mail : athepunjab@gmail.com, punjacctants@gmail.com, Website : pun...
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GST Council Law Committee to meet & discuss fake invoices on Nov 18
An urgent meeting of the Law Committee of the Goods and Service Tax (GST) Council has been convened tomorrow in New Delhi to discuss in detail the issue of fake invoices to claim input tax credit unde...
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Representation on deficiency in functioning of GST Portal
Nag-Vidarbha Chamber of CommerceTemple Road, Civil Lines, Nagpur-440001Ref: 119/1/2020-2123/10/2020To,1) Shri. Narendra ji Modi,Hon’ble Prime Minister of India,Government of IndiaNEW DELHI- 110 0012)...
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Due dates to file Form GSTR-3B – October 2020 to March 2021
Due dates for filing of Form GSTR-3B for the Tax Periods from October, 2020 till March, 20211. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No. 82/2020 – C...
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Representation on mis-selling of GST database on Social Media
CGPI had come across the message on Social Media Platforms which claims to provide the information of All India ‘GST” Databas – 24 Lacs Registered Taxable Persons (records) in respect of their GSTN Nu...
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DTPA submits 15 GST Pre Budget Suggestions for 2021
PRE-BUDGET MEMORANDUMONINDIRECT TAXES (Goods & Services Tax)UNION BUDGET 2021-22(Issues & Justification)DIRECT TAXES PROFESSIONAL’S ASSOCIATION3, GOVERNMENT PLACE (WEST)INCOME TAXBUILDINGKOLKATA-70000...
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CREDAI’s recommendations on GST November 2020
CREDAI has issued its recommendations on following 15 issues related to GST-1. Affordable Housing2. Works Contract3. GST on Inputs for Housing4. GST on land and land related benefits5. Slum Rehabilita...
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Salient features of Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme
20/11/20201. Who can opt for the scheme: Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly basis w.e.f. 01.01.2021 :An RP who is required to file Form GSTR...
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DGGI busted Inter State Fake Invoice racket
DGGI busted InterState Fake Invoice racket Ministry of FinanceInter State Fake Invoice racket with fake transactions valued at over Rs. 131 Crore value busted by DGGI involving fraudulent Input Tax cr...
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Income Tax relief for Real-estate Developers and Home Buyers
Ministry of FinancePosted On: 13 NOV 2020As part of the AatmaNirbhar Bharat Package 3.0 as announced by Hon’ble Finance Minister on 12th November, 2020, certain income tax relief measures were brought...
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Finance Ministry seeks Suggestions for Annual Budget 2021-22
Ministry of FinanceFinance Ministry seeks Ideas/Suggestions/Proposals for Annual Budget 2021-22Posted On: 13 NOV 2020Over the years, the Ministry of Finance has been holding pre-budget consultations i...
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Undisclosed income of more than Rs. 500 crore unearthed
Ministry of FinanceIncome Tax Department conducts searches in Tamil NaduPosted On: 12 NOV 2020 1:47PM by PIB DelhiThe Income Tax Department conducted searches on 10/11/2020 in the case of a leading wh...
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Income Tax Department searches at Chennai based IT Infra group
Ministry of FinanceIncome Tax Department conducts searches in Tamil NaduPosted On: 07 NOV 2020 3:02PM by PIB DelhiThe Income Tax Department has carried out searches at 5 locations in Chennai and Madur...
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Income Tax Department conducts searches in Kerala
Ministry of FinancePosted On: 06 NOV 2020The Income Tax Department has carried out search and seizure operations on 05.11.2020 in the case of a well-known self-styled evangelist of Thiruvalla in Keral...
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Income Tax Department conducts searches in West Bengal
Ministry of FinancePosted On: 06 NOV 2020The Income Tax Department has carried out searches on 05/11/2020 in the case of one prominent coal trader of West Bengal having premises in Raniganj, Asansol,...
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Rajasthan opts Option-1 to meet GST implementation shortfall
Ministry of FinanceRajasthan decides to go for Option-1 to meet the GST implementation shortfallState will get Rs.4,604 Crores through special borrowing window and also permission to raise additional...
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Transfer/postings of 643 officers in Grade of CIT
F.No. A-22011/6/2020-Ad-VIGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes)North Block, New Delhi -110 001Dated: 12.11.2020Office Order No. 220 of 2020Conseque...
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50 Transfer/postings in the grade of JCIT/Additional CIT
F.No. A-22012/2/2020-Ad-VIGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes)North Block, New Delhi -110 001Dated: 10.11.2020Office Order No. 219 of 2020The foll...
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ICAI Submits Pre-Budget Memoranda-2021 on Direct & International Tax
Direct Taxes Committee & Committee on International TaxationThe Institute of Chartered Accountants of India17th November, 2020ICAI submits Pre-Budget Memoranda-2021Direct Taxes and International TaxPR...
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Representation to FM to Widen Scope of Benefit of 20% for flats
Direct Taxes Professionals’ Association has made a representation to Mrs. Nirmala Sitharaman, Hon’ble Finance Minister for widening the scope of benefit in case of difference in agreement price and Ci...