CBDT extends the last date for filing of Form No.10AB for seeking registration or approval under Section 10(23C), 12A or 80G of the IT Act,1961. The application for registration or approval in Form No. 10AB can be filed upto 30th September, 2022. *** CBDT extends last date for filing of Form No.10AB for seeking registration […]
Taxpayers who have not linked their PAN with Aadhaar will be required to pay a fee of Rs. 500 up to three months from 1st April, 2022 and a fee of Rs.1000 after that, while intimating their Aadhaar. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 30th […]
Revision of interest rates for Small Savings Schemes for Q1 of 2022-23 Interest rates of small saving schemes for the First quarter of financial year 2022-23 starting from 1st April, 2022 and ending on 30th June, 2022 shall remain unchanged from the current rates applicable for the Forth quarter (1st January, 2022 to 31st March, […]
in case of failure to intimate the Aadhaar Number by the last extended notified date i.e. 31.03.2022, the PAN allotted to the person shall be made inoperative in accordance with provisions of Income Tax Act.
CBDT vide its order Notifies 1st day of April, 2023, as the specified date for the purpose of the proviso to sub-rule (2) of rule 114AAA of the Income-tax Rules, 1962. As per this proviso Where a person, whose permanent account number (PAN) has become inoperative due to non linking with Aadhaar under sub-rule (1) […]
Whether Government is considering to increase the Gratuity payment from 15 days’ salary for each completed year to 30 days’ salary for all employees of Government sector and Private sector;
Falcon India (Customs Broker) Vs Commissioner of Customs (CESTAT Delhi) Regulation 10 (n) of CBLR 2018 (read with erstwhile Regulation 11(n) of CBLR, 2013) requires the Customs Broker to verify correctness of Importer Exporter Code (IEC) number, Goods and Services Tax Identification Number (GSTIN),identity of his client and functioning of his client at the declared […]
GSTN – Upcoming changes/initiatives:- ♦ SMS based NIL Return filing for GSTR-3B and GSTR-1. ♦ Improvements in GSTR-2A to show the status of filing of GSTR-1 and GSTR-3B by the supplier. ♦ To show status of amendment of invoice with month of amendment. ♦ Providing detail of invoices considered for computation in table 8A of […]
Imprisonment is only in cases of serious nature & not for minor mistakes or wrong entries…GST law also doesn’t provide for imprisonment in cases where amount of tax evaded or ITC availed & utilised is less than threshold limit of Rs 1 cr.
ICAI has decided that the students who are in Old scheme stands automatically converted in the Revised Scheme of Education and Training. All such students may make requisition for study material on demand through Central Distribution System by paying Rs.1000/-.
