CBDT notifies Faceless Appeal Scheme, 2021 vide Notification No. 139/2021-Income Tax | Dated: 28th December, 2021. As per Faceless Appeal Scheme, 2021 a personal hearing through Video Conference (VC) can be requested by Assessee to CIT (A) and when such request is made the same shall be allowed by CIT(A) . No discretion with the […]
Operational Guidelines For Production Linked Incentive (PLI) Scheme For Textiles Finalized Government approved the Production Linked Incentive (PLI) Scheme for Textiles, with an approved outlay of Rs. 10683 crore over a five year period, to promote production of MMF Apparel, MMF Fabrics and Products of Technical Textiles in the country. In this regard, the Operational […]
CBIC clarifies on twitter on Explanation added in Section 75(12) of CGST Act vide Finance Act, 2021 with effect from 01.01.2022 which was notified vide Notification No. 39/2021–Central Tax | Dated: 21st December, 2021.Explanation added was as follows:- Explanation: For the purposes of this sub-section, the expression “self-assessed tax” shall include the tax payable in […]
Centre notifies the Consumer Protection (Direct Selling) Rules, 2021. Existing Direct Selling entities to comply these rules within ninety days. Both Direct sellers as well as the direct selling entities using e-commerce platforms for sale shall comply with the requirements of the Consumer Protection (e-Commerce) Rules, 2020. Both Direct selling entity and direct sellers are […]
Guide to Reporting Intraday & F&O Transactions in ITR-3. Simplify the filing process with illustrations and relevant provisions.
Government has notified changes in following sections of CGST Act, 2017 wef 1st day of January, 2022 vide Notification No. 39/2021–Central Tax | Dated: 21st December, 2021 to give effect to Changes proposed in sections 108, 109 and 113 to 122 of Finance Act, 2021 (FA, 2021) :- -Section 7. Scope of supply.- -Section 16. […]
The Board approved the proposal to amend various aspects of regulatory framework under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) and consequential amendment to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as applicable, based on the public consultation process on the proposals recommended by Primary Market Advisory Committee (PMAC).
‘Sale of Securities and units of mutual fund’ is one of the information categories covered under ‘Annual Information Statement’ (AIS). Said information category is briefly explained in the current article.
Offline Excel Utility 2.00 to Validate any GSTN Number- No VBA/No Macro.. therefore you can freely use it and share through mails/gmail. This is a free utility useful for CA Staff/Accounts professionals who have to deal with a lot of GST numbers while working on GST returns.. This file comes with built in formulas to […]
CBDT provides One-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21 which are pending for verification and processing of such returns
