-
Aadhar authentication on GST portal
The Central Board of Indirect Taxes and Customs has provided a facility of Aadhar authentication for new goods and services tax (GST) registration to be activated from August 21, 2020, with the object...
-
ICSI Request for extension of timelines due to COVID-19
THE INSTITUTE OFCompany Secretaries of IndiaIN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament(Under the jurisdiction of Ministry of Corporate Affairs)MCA: September: 2020...
-
Extend time limit of statutory Company Law compliances
Representation on technical glitches on MCA Web-portal & Request for extension in the time limit on submission of various statutory compliances by CA Social Affiliation (CASA) to Smt Nirmala Sitaraman...
-
Extend CFSS 2020 & LLP Settlement Scheme 2020
Request for Extension of Companies Fresh Start Scheme i.e. CFSS 2020 by at least by 3 months i.e. until 31st December, 2020 and a further request for similar relief for LLP Settlement Scheme 2020 in v...
-
Govt struck off 3,82,581 shell companies during last 3 years
Ministry of Corporate AffairsPosted On: 20 SEP 2020 2:04PM by PIB DelhiThe Government has undertaken a Special Drive for identification and strike off Shell Companies. Based on non-filing of Financial...
-
Code on Social Security, 2020
was introduced in Lok Sabha on 19th September 2020 vide Bill No. 121 of 2020 to withdraw the pending Code on Social Security, 2019 and to propose a fresh Bill, namely, the Code on Social Security, 202...
-
Govt introduces Taxation Law Amendment Bill in Lok Sabha
The outbreak of Novel Corona Virus (COVID-19) pandemic across many countries of the world, including India, has caused immense loss to lives of people and given rise to unprecedented humanitarian and...
-
Section 10(47) L&T Infra Debt Fund notified as Infrastructure Debt Fund
CBDT notifies L&T Infra Debt Fund as Infrastructure Debt Fund under section 10(47) of Income Tax Act, 1961 for the assessment year 2018-2019 and subsequent years.MINISTRY OF FINANCE(Department of Reve...
-
Section 10(46) exemption to District Mineral Foundation Trust
Notification No. 73/2020 Central Government notifies ‘District Mineral Foundation Trust’ constituted by Government in exercise of powers conferred under section 9(B) of the Mines and Minerals (Develop...
-
CBT notifies undertaking of Softzone Tech Park Ltd as Industrial Park u/s 80IA
CBT notifies undertaking of Softzone Tech Park Ltd as industrial park under section 80IA of Income Tax Act, 1961 vide Notification No. 72/2020-Income Tax dated 8th September, 2020.MINISTRY OF FINANCE(...
-
CBDT specifies Scheduled Commercial Banks for section 138(1)(a)(ii)
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)Notification No. 71/2020-Income TaxNew Delhi, the 31st August, 2020S.O. 2947(E).—In pursuance of sub-clause (ii) of clause (a)...
-
Corrigendum to Income Tax Notification No. 65/2020 dated 13.08.2020
Corrigendum to Income Tax notification number 65/2020 dated 13.08.2020 issued vide Notification No. 70/2020-Income Tax, Dated: 27.08.2020MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIR...
-
Corrigendum to Income Tax Notification No. 63/2020 dated 13.08.2020
issued vide Notification No. 69/2020-Income Tax, Dated: 27.08.2020MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)CORRIGENDUMNew Delhi, the 27th August, 2020(Income-tax)Notifi...
-
Corrigendum to Income Tax Notification No. 62/2020 dated 13.08.2020
issued vide Notification No. 68/2020-Income Tax, Dated: 27.08.2020MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)CORRIGENDUMNew Delhi, the 27th August, 2020(Income-tax)Notifi...
-
Representation Seeking Relief Measures in Audit of Co-Operatives
There are certain unaddressed genuine concerns which are have been causing unwarranted difficulties and hardship to our members while performing their audit of Co-operative societies in the state. We...
-
35,074 taxpayers opt for Vivad Se Vishwas Scheme
Ministry of Finance35,074 taxpayers opt for Vivad Se Vishwas SchemePosted On: 20 SEP 2020 2:05PM by PIB DelhiThe total number of taxpayers who have opted for the Direct Tax Vivad Se Vishwas Act since...
-
10 Registration services deployed with Web-form SPICe+
Ministry of Corporate AffairsSPICe+ Portal deployed by MCAPosted On: 19 SEP 2020 8:20PM by PIB DelhiThe Ministry of Corporate Affairs (MCA) has notified and deployed a web-form namely ‘SPICe+’ (pronou...
-
Scope of income and Residence in India | Section 5 & 6
Section 5- Scope of income – Income Tax Act, 19615. [1] the total income of any previous year of a person who is a resident includes all income from whatever source derived which—[a] is received or is...
-
Companies (Acceptance of Deposits) Amendment Rules, 2020
MCA notifies Companies (Acceptance of Deposits) Amendment Rules, 2020 vide Notification No. G.S.R. 548 (E) dated 07th September 2020 and amended rule 2, in sub-rule (1), in clause (c), in sub-clause (...
-
Companies (Management and Administration) Amendment Rules, 2020
The Companies (Management and Administration) Amendment Rules, 2020– A company shall not be required to attach the extract of the annual return with the Board’s report in Form No. MGT-9, in case the w...