Free of cost ITR preparation software available with interactive questions to help taxpayers for ITRs 1, 4 (online and offline) and ITR 2 (offline) to begin with; Facility for preparation of ITRs 3, 5, 6, 7 will be made available shortly;
To Extend the date of Filling ITRs, Audit and Revise returns for F.Y. 19-20, it was earlier extended to 31st may 21, on after one month passing from the last date (31st March 2021) and everywhere the situation was worse, still the situation is same almost everywhere hence give a chance again to get it filled up to 31st July 2021.
For level 3, 4 and 5 wherever it is mentioned that an establishment shall be open till 4 PM it is expected that persons working thereat or taking a service from that shill] reach their homes try 5 PM and there shall be movements for reasons of either working in these or taking service from these establishments pose 5 PM.
The State Government vide its Order dated 4th June 2021 has notified levels of restriction to be imposed in various administrative units in different districts of the State, as per the COVID 19 positivity rate and the Oxygen Beds Occupancy in these administrative units.
Naina Lal Kidwai Vs National Faceless Assessment Centre Delhi (Delhi High Court) Liberty is, given to AO to pass a fresh assessment order, after according personal hearing to the petitioner and/or her authorized representative. The personal hearing will be accorded via video-conferencing (VC) mechanism. For this purpose, the assessing officer will issue a written notice, […]
Reference is also invited to CBIC Notification No. 32/2021-Customs dated 31.05.2021 wherein the Central Government has decided to exempt the goods of the description as specified in the Notifications No. 27/2021-Customs dated 20.04.2021 and 28/2021-Customs dated 24.042021, from the whole of integrated tax (i.e. IGST) leviable thereon under sub-section (7) of section 3 of the Customs Tariff Act, read with section 5 of the Integrated Goods and Services Tax Act, 2017, subject to the conditions specified in this Notification No. 32/2021.
If the amount of compensation payable under sub-section (3) of section 77 is not paid by the employer within the period of thirty days, the employer shall pay, from the date on which the compensation become payable to the date on which it is paid, simple interest at the rate of twelve per cent. per annum or any other rate notified by the Central Government from time to time.
2nd respondent in not even adverting to the response given by petitioner to the Form GST MOV-07 in Form GST MOV – 09, and his deliberate intention to treat the validity of the expiry on the e-way bill as amounting to evasion of tax without any evidence of such evasion of tax by the petitioner.
Smart Vishwas Society Vs National Faceless Assessment Centre Delhi (Delhi High Court) In this case Petitioner, is correct in submitting that the provisions of Section 144B of the Act have been violated as no show cause notice-cum-draft assessment order was issued. That being the position, there is no option, but to set aside the impugned […]
Expert Committee on Variable Capital Company submits its report to the International Financial Services Centres Authority (IFSCA) Dr. K.P. Krishnan headed expert committee on Variable Capital Company has submitted its report on the feasibility of Variable Capital Companies in the International Financial Services Centres to the Chairperson of the International Financial Services Centres Authority (IFSCA), […]
