The Agreement between the Government of the Republic of India and the Government of Brunei Darussalam for the exchange of information and assistance in collection with respect of taxes (hereinafter referred to as the Agreement), was signed in New Delhi, India on 28th of February, 2019. The Agreement has been notified in the Gazette of India (Extraordinary) on 9th of March 2020.
Guidelines for Taxpayers with TO Rs. 50 Cr- 100 Cr on Production 1. Your GSTINs are enabled for e-Invoicing. 2. Registration and login to the system is now open for your GSTINs. 3. You may prepare and register the live invoices in the e-Invoice portal. 4. E-Invoice Bulk Tools may be downloaded for preparing JSON […]
The ESI contribution for the month of February, 2020 & March 2020 can be filed & paid up to 15th April, 2020 & 15th May 2020 instead of 15th March, 2020 & 15th April, 2020 respectively.
The objective of Consultation Paper on Amendment to SEBI (Delisting of Equity Shares) Regulations, 2009 for Schemes of Arrangement is to seek comments / views from the public on proposal relating to a scheme of arrangement between a listed holding company and its listed subsidiary wherein the listed subsidiary is desirous of getting delisted without following the provisions of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 (Delisting Regulations).
While the Government of India, in co-ordination with the state machineries, is already taking steps for preventing and controlling the local transmission of disease, further steps, including the indicative list presented below, are required to be taken by the respective banks/financial institutions as a part of their existing operational and business continuity plans
M. Ajit Kumar, Chairman Of CBIC has said that With due dates for filing of GSTR-3B fast approaching, I am sure that those of you on the GST side, would be in touch with the tax payers. Polite reminders would help their timely contribution to nation building by enabling the government to achieve its fiscal […]
Govt exempts foreign airlines from furnishing reconciliation Statement in Form GSTR-9C if they have complied with the sub-rule (2) of rule 4 of the Companies (Registration of Foreign Companies) Rules, 2014 vide Notification No. 09/2020– Central Tax dated-16th March, 2020. Exemption from furnishing GSTR-9C:– The said persons shall not be required to furnish reconciliation statement […]
Considering the wide phraseology employed, it is obvious that the business of the appellant assessee includes buying and selling even agricultural properties. Therefore, the findings recorded by the AO and the ITAT that the income derived by the Assessee on purchase and sale of the agricultural land will be assessed as income from business, were sustained.
The Central Bureau of Investigation has arrested an Income Tax Officer; an Inspector, both posted at Nagaur (Rajasthan) and a Chartered Accountant in a bribery case of Rs. 4 lakh.
Cleared Secured Services Pvt Ltd Vs DCIT (ITAT Mumbai) We have noted that the hearing of stay petition was concluded, as per information available to us, on 17th January 2020, but the order thereon has not been passed as yet since one of the Members constituting coram of the bench has gone on tour to Delhi […]
