"20 October 2020" Archive

FAQs on LTC Cash Voucher Scheme

No. 12(2)/2020-E.II(A) (20/10/2020)

Clarification regarding queries being received in respect of Special cash package equivalent in lieu of Leave Travel Concession Fare for Central Government Employees during the Block 2018-21....

Read More

Extension of ad-hoc appointment of 694 Income Tax Officers

Notification No. F.No.A-32013/3/2017-Ad.VI (20/10/2020)

I am directed to refer to the abovementioned subject and to convey concurrence of the Department of Personnel & Training (DoP&T) in respect of 694 officers, as in Annexure-A, for extending the ad-hoc appointment to the grade of Income Tax Officer till 31.12.2020, made by the respective Cadre Controlling Authorities (CCAs)....

Read More

Highlight of PM’s address to the nation with text of Speech

In a televised address to the nation, the Prime Minister Shri Narendra Modi made a fervent appeal to all the citizens to not let their guard down and become complacent, in the country’s ongoing fight against the Covid Pandemic....

Read More
Posted Under: Corporate Law |

Contactless delivery of international courier consignments -reg.

Circular No. 47/2020-Customs (20/10/2020)

Circular No. 47/2020-Customs F. No. 451/13/2020-Cus. V Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs ************ North Block, New Delhi Dated 20th October 2020 To, All Principal Chief Commissioners/Chief Commissioners of Customs Principal Directors General/Directors General of...

Read More

Request to extend time to file GSTR-3B for September, 2020

Request for extension of time to file GST return in Form GSTR-3B for the month of September, 2020 by registered tax payers having turnover of more than Rs. 5 Crores which would include time to claim ITC of 2019-20....

Read More
Posted Under: Corporate Law | ,

Hearing on writ for Extension of due date of GSTR 9 & 9C on 27.10.2020

Confederation Of GST Professionals And Industries Vs Union Of India (Bombay High Court)

Confederation of GST Professionals and Industries Vs Union of India (Bombay High Court) CGPI had filed writ petition for extension of due date of GSTR 9 and 9C before Bombay high court and Honorable High Court has fixed next hearing on  27th October, 2020. FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT Heard learned Sr. […]...

Read More

Benefits For Senior Citizens Under Income Tax Act 1961

In our country, great respect has been given to the Senior Citizens in all fields including under the Income Tax Act. In all modes of travelling concessional rates are provided either by Air, Train or Road, separate queue etc. Under the Income Tax Act, benefits are given to Senior Citizen and Very Senior Citizen that […]...

Read More
Posted Under: Corporate Law |

Basics of Income Escaping Assessment – Section 147 – Income Tax Act, 1961

1) Section 147 of the Income Tax Act, 1961 dealt with 'Assessment or Re-assessment of Incoming Escaping Assessment'. 2) Re-Assessment of Income is possible only in the case of Section 147 & Section 153A i.e. Reassessment in the case of search & Seizure....

Read More
Posted Under: Corporate Law |

No disallowance u/s 14A if assessee does not have tax-free income

Section 14A has been inserted in Chapter IV of the Income tax Act by the Finance Act, 2001, with retrospective effect from 1-4-1962. This Section provides for disallowance of expenditure incurred in relation to income which is not included in the total income of the assessee (i.e. exempt income). The operative part of this Section reads a...

Read More
Posted Under: Corporate Law |

TDS Return Under GST

Who is required to deduct and file GST TDS return? The registered taxpayers who deduct the TDS under section 37 of GST rules are required to file TDS return form in the GSTR 7. According to the Notification No. 33/2017 Central Tax, 15th September 2017, these entities also need to deduct TDS- 1. An authority […]...

Read More
Posted Under: Corporate Law |

Search Posts by Date

March 2021
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031