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GST registrant to update their business activity

March 7, 2021 1251 Views 0 comment Print

Taxpayers are required to select their business activity only once, as – Manufacturer, wholesaler/Distributor/Retailer, service providers & others post login based on highest turnover amongst them. You can change the same later. Source- gst.gov.in

ICAI: Special Exams for candidates under MRAs/MoUs with Foreign Accounting Bodies

March 6, 2021 2659 Views 0 comment Print

Special Examination for Members of Foreign Accounting Bodies with whom the ICAI had entered into Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MoU)

MCA enables Aadhar authentication for GSTIN on Company Incorporation

March 5, 2021 1998 Views 0 comment Print

Companies (Incorporation) Third Amendment Rules, 2021. Introduction of Aadhar authentication facility for GSTIN Registration in Form INC-35 AGILE-PRO This is to inform you that the Ministry of Corporate Affairs has issued a notification on 05th March 2021 stating that in the Form INC-35 AGILE-PRO, part of SPICE+, in serial no-12 at the end of table […]

MCA notifies amendment in Section 92 of Companies Act 2013

March 5, 2021 9318 Views 0 comment Print

Commencement notification of the provisions of Companies (Amendment) Act, 2017 w.e.f. 05th March, 2021 in respect of provisions relating to Annual Return MCA notifies date of applicability of amendment in Section 92 of Companies Act, 2013 w.e.f. 05th March, 2021 which deals with Annual Return of the company. Amendment was made by Companies (Amendment) Act, […]

Upcoming changes in Table-12 format of GSTR-1 Return

March 5, 2021 9585 Views 0 comment Print

Upcoming changes in Table-12 format of GSTR-1 Return 1. Changes in format of GSTR-1 Return 2. Changes in number of digit of HSN Code to be reported. Upcoming changes in Table-12 format of GSTR-1 Return Changes in number of digit of HSN Code to be reported. From 1st April 2021 onwards, it is mandatory to […]

ICAI President’s Message – March 2021

March 5, 2021 2085 Views 0 comment Print

ICAI President message for March 2021 on Public Advocacy: Assisting Government in Matters of Governance, Developing Profession for the Digital Era, Expanding Big, Going Global etc

Instructions for issue of Section 148 notice for Reassessment/Reopening

March 4, 2021 47403 Views 2 comments Print

CBDT directs that following categories of cases be considered as ‘potential cases’ for taking action u/s 148 of Act by 31.03.2021 for the A.Y 2013-14 to A.Y 2017-18 by Jurisdictional Assessing Officer

AO can pass consequential orders under Vivad se Vishwas: CBDT

March 4, 2021 11658 Views 0 comment Print

Under section 10 of Vivad se Vishwas, it is hereby clarified that where designated authority has passed orders under section 5(1) & (2) of Vivad se Vishwas, the Assessing Officer shall pass consequential order.

EPFO extends social security benefits to J&K & Ladakh subscribers

March 4, 2021 411 Views 0 comment Print

EPFO stands committed to serve its stakeholders in J&K and Ladakh, who are covered under EPF& MP Act, for providing social security cover in the form of provident fund, pension and insurance benefits to its members in a hassle-free manner.

FDI equity inflow grew by 40% in first 9 months of F.Y. 2020-21

March 4, 2021 546 Views 0 comment Print

India has attracted total FDI inflow of US$ 67.54 billion during April to December 2020. It is the highest ever for the first ninth months of a financial year and 22% higher as compared to the first ninth months of 2019-20 (US$ 55.14 billion).

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