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Darted: February 20, 2020To,Ms. Nirmala SitharamanUnion Finance Minister of India15, Safdarjung Road,New Delhi – 110029Respected Madam,Sub.: – Representation for the Amendments made in Section 254 of...

a.Government of India vide Notification No. 07/2020 – Central Tax dated 03rd February, 2020, has staggered filing of Form GSTR-3B, for period of January 2020, in the manner as given below:Sl. No. Taxp...

The Union budget 2020-21 speech states in the words of honourable finance minister Nirmala Sitharaman, “I propose to ease the burden of taxation on the employees by deferring the tax payment by five y...

1. Direct Tax Vivad se Vishwas Bill, 2020 & Notice for amendments ♠ Direct Tax Vivad se Vishwas Bill, 2020 has been introduced in the parliament on 5th February, 2020. After introduction of the Bill,...

MCA has released revised form No. GNL-2 vide Companies (Registration Offices and Fees) Amendment Rules, 2020. A Company can file certain documents with the Registrar of Companies by filing this e-Form...

CBDT has vide Notification No. 12/2020-Income Tax revises definition of unauthorised colonies of NCT of Delhi for rule 11UAC read with Section Section 56(2)(x). Earlier CBDT has provided vide Notifica...

Decision of the Council of the Institute regarding cut-off date for condonation of cases for the year 2020-21The Council has decided to extend the due date of submission of all forms up to 29th Februa...

Extension of the Last Date for submission of application for Empanelment of Chartered Accountants firms/LLPs with O/o C&AG for the year 2020-21Considering the difficulties faced by Chartered Accountan...

Central Board of Indirect Taxes and Customs (CBIC) starts capturing district-wise data or origin of export goodsKeeping with the Hon’ble PM’s objective of turning districts into export hubs, Central B...

All India Federation of Tax Practitioners has made a Representation on issues being faced by taxpayers and tax professionals relating to GSTN glitches and GST Act to Smt. Nirmala Sitharaman,Hon’ble Mi...

About 91% of eligible large Taxpayers filed Annual GST Return and 92% eligible large taxpayers filed the Reconciliation Statement (GSTR-9C) by 12th Feb 2020 – 91.3% of eligible large taxpayers filed a...

CBIC has issued a Series of Tweet and justified interest calculation on delayed GST payment on the basis of gross tax liability. Excerpt of Tweets is as follows:-There are some discussions in social m...

General Circular No. 04/2020 F.No. 01/02/2019- CL-VGovernment of IndiaMinistry of Corporate Affairs5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. Rajendra Prasad Road, New Delhi-1.Dated: 17.02.2020ToAll Regi...

Government of IndiaMinistry of Corporate AffairsNOTIFICATIONNew Delhi, the 14 February, 2020G.S.R. 114(E).- In exercise of the powers conferred by sub-section (1) of section 406 read with sub-sections...

Government of IndiaMinistry of Corporate AffairsNotificationNew Delhi, the 13th February, 2020G.S.R. 111(E).- In exercise of the powers conferred by section 41 read with section 469 of the Companies A...

The Central Board of Direct Taxes (CBDT) has notified Forms 10-IC and 10-ID vide Notification No. 10/2020 dated 12-02-2020 for existing companies that want to avail lower Income tax rate and new manuf...

Section 206C of the income tax Act has been proposed to be amended by Finance Bill 2020. Section 206C deals with TCS (Tax Collected at Source). Budget 2020 has proposed to insert Sub-Section 1G and 1H...

Decision of the Council of the Institute regarding cut-off date for condonation of cases for the year 2020-21The Council has decided to extend the due date of submission of all forms up to 29th Februa...

Extension of the Last Date for submission of application for Empanelment of Chartered Accountants firms/LLPs with O/o C&AG for the year 2020-21Considering the difficulties faced by Chartered Accountan...

The Institute of Chartered Accountants of IndiaAnnouncement14th February, 2020Draft report of the High Level Independent Committee on Exam Processes and RegulationsICAI had on 26th September 2019, con...