COVID-19 facilitation measure- Approval of additional place under Section 8 (a) of Customs Act,1962 for unloading/loading of import and export goods.
Submission of certificate for claiming deductions U/s. 80G of the Income-tax Act, 1961 in respect of donation made by an employee to Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES FUND)
It is hereby instructed that starting with immediate effect there shall be a Special Refund and Drawback Disposal Drive with the objective of priority processing and disposal of all pending refund and drawback This Special Drive shall be in place till 30.04.2020. It is expected that during this period all refund and drawback claims that are pending as on 07.04.2020 shall be disposed.
Choe Jae Won Vs Principal Secretary to the Government (Madras High Court) Finding justification in the plea made by the learned Government Pleader and considering the fact that, several Non-Bailable Warrants have already been issued to the Petitioners and that, there is every possibility of the Petitioners fleeing away from the clutches of Law, this […]
Existing Normal taxpayers who want to opt for Composition Scheme in Financial Year 2020-21 may note following changes: 1. Revised date to file Form GST CMP 02: Normal and registered taxpayers who want to opt in for Composition in FY 2020-21 can apply in Form GST CMP-02 by 30th June 2020.
Procedure in respect of en bloc Rail movement of Import containers from Port Terminals / Jawaharlal Nehru Port (JNPT) to Container Corporation of India Ltd (CONCOR), Inland Container Depot (ICD), Mulund and clearance thereof
It has been decided to temporarily defer the submission of hard copy of documents, as required under Para 4 of Public Notice No. 82/2018 dated 16.05.2018. The hard copy of the said documents will be submitted by the concerned shipping line within 05 days of removal of the lockdown.
In order to provide greater flexibility to the State Governments to tide over their cashflow mismatches, RBI, on a review, has decided to a. increase the number of days for which a State/ UT can be in overdraft continuously to 21 working days from the current stipulation of 14 working days.
In respect of term loans, insurers are permitted to grant a moratorium of three months towards payment of instalments falling due between 1st March, 2020 and 31st May, 2020. The repayment schedule for such loans and also the residual tenor, will be shifted across the board by three months subsequent to the moratorium period.
Income Tax Appellate Tribunal holds All India Video Conference on ‘The Direct Tax Vivad Se Vishwas Act, 2020’ ITAT President Justice P.P. Bhatt encourages stakeholders to avail the Scheme so as reduce pending tax litigation Government open to suggestions for better implementation of the scheme and propose amendments to the Bill, says Mr. P.C. Mody, […]
