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Reconsider increase in turnover to Rs. 5 Crore for filing GSTR-9C
ICAI raises its Concern over increasing the threshold limit from Rs. 2 Crore to Rs. 5 Crore for filing Reconciliation Statement in form GSTR-9C and requested CBIC to reconsider its decision. ICAI subm...
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Add Column for UDIN on Certificates/Reports: ICAI to CBIC
ICAI requested CBIC to include a column for mentioning UDIN in all the forms related to their department. It is to be noted that CBDT has already assured ICAI to include UDIN in all its Audit Report a...
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Permit availment of GST ITC pertaining to Financial Year 2018-19
ICAI made a Request for permitting availment of input tax credit under GST pertaining to Financial Year 2018-19 by extending the due date for taking the input tax credit for invoices pertaining to Fin...
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Remove Restriction in availment of ITC imposed by Rule 36(4)
It is requested that Restriction in availment of input tax credit (ITC) imposed by Rule 36(4) of CGST Rules, 2019 be withdrawn from the retrospective effect as imposition of such restriction on the fl...
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Remove Difficulties in filing Annual Return in Form GSTR 9: ICAI
Many taxpayers did not file their GST Annual Return for the financial years 2017-18. However, some of them wish to file their Annual Return for the financial years 2018-19. But they are not able to fi...
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Provide login facility to CA to file Reconciliation Statement in Form GSTR 9C
ICAI submitted to CBIC that The system of providing separate login id to the Chartered Accountant is working very smoothly under Income Tax whereas Offline facility available under GST has some shortc...
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Racket busted of firms falsely claiming GST refund against ITC
Ministry of FinanceRacket busted of Large number of non-operational Partnership firms falsely claiming refunds against accumulated ITC in Delhi NCRPosted On: 17 MAR 2020A large number of proprietorshi...
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ESI contribution due date extended for February & March 2020
EMPLOYEES’ STATE INSURANCE CORPORATIONPANCHDEEP BHAWAN, CIG MARG, NEW DELHI-110002No.: P-11/14/Misc./1/2019-Rev.Dated: 16.03.2020NOTICEKeeping in view the pandemic in the form of “Corona virus” (COVID...
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Transfers/postings and additional charge in CIT Grade of 16 CITs
CBDT orders transfers/postings and additional charge arrangements in the grade of Commissioners of Income Tax with immediate effect vide Office Order No. 49 of 2020 dated- 17.03.2020.F.No. A-22012/6/2...
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ITAT Advisory on functioning of Benches due to Coronavirus
F.No.233-Ad(AT)/2019-20INCOME TAX APPELLATE TRIBUNALPrathishtha Bhavan, 3rd &4th Floor,101 Maharshi Karve Marg, Mumbai – 400 020OFFICE ORDERDate : 16th March, 2020In my advisory dated 13.3.2020, addre...
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CBDT notifies ‘designated authority under ‘Direct Tax Vivad Se Vishwas Act, 2020
GOVERNMENT OF INDIA MINISTRY OFFINANCE DEPARTMENT OF REVENUEPRINCIPAL CHIEF COMMISSIONER OF INCOME TAX(INTERNATIONAL TAXATION), NEW DELHI.Dated : 18th March, 2020NotificationSubject: – Notification of...
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CBDT releases MLI synthesised text for India-Georgia tax treaties
CBDT has released the synthesised text for India-Georgia tax treaty. It represents their shared understanding of the modifications made to the Agreement by MLI.SYNTHESISED TEXT OF THE MULTILATERAL CON...
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CBDT releases MLI synthesised text for India- Malta tax treaties
CBDT has released the synthesised text for India-Malta tax treaty. It represents their shared understanding of the modifications made to the Agreement by MLI.SYNTHESISED TEXTOFTHE MULTILATERAL CONVENT...
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CBDT releases MLI synthesised text for India-Luxembourg tax treaty
CBDT has released the synthesised text for India-Luxembourg tax treaty. It represents their shared understanding of the modifications made to the Agreement by MLI.SYNTHESISED TEXTOFTHE MULTILATERAL CO...
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New TDS/TCS File Validation Utility as applicable from 28.02.2020
Key Features – File Validation Utility (FVU) version 6.61. Addition of new column in Form 26Q & 27QNew column “Amount of cash withdrawal in excess of Rs. 1 crore as referred to in section 194N” is add...
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e-TDS/TCS RPU (version 3.1) for statements from FY 2007-08
e-TDS/TCS Return Preparation Utility Ver. 3.1 for Regular & Correction quarterly e-TDS/TCS statements from FY 2007-08Key Features – Return Preparation Utility (RPU) version 3.11. Addition of new colum...
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Bar Council of Punjab & Haryana postpones election to 17.04.2020
Bar Council of Punjab & HaryanaLAW BHAWANDakshin Marg, Sector 37-A, Phone: 0172-2688519, Chandigarh – 160036Ref. No ………………………..Dated………………..A COPY OF RESOLUTION PASSED BY THE BAR COUNCIL OF PUNJAB & H...
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Guidance notes on ICSI auditing standards
ICSI Auditing Standards aims to support the Company Secretaries in developing auditing acumen, techniques and tools and inculcate best auditing practices while conducting the audit and promote standar...
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ICAI Postpones Practical Training Assessment to be held on 22.03.2020
The Institute of Chartered Accountants of IndiaPostponement of Practical Training Assessment scheduled to be held on March 22, 2020March 16, 2020As a precautionary measure to prevent any spread of COV...
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List of Forms available on GST Portal as on 13.03.2020
Forms available on GST Portal for Taxpayers and Tax Officials13.03.2020Government has issued various forms for GST related compliances to be made by taxpayers and for taking actions on them by tax off...