Goods and Services Tax : GST limitation periods for issuing notices or completing assessments are mandatory. COVID extensions were for litigants, not tax a...
Corporate Law : This research paper delves into the employment law challenges associated with remote work arrangements in India, exploring the leg...
Income Tax : Explore key court rulings on reassessment under Section 148 post-2021 amendments, covering procedural changes, taxpayer rights, an...
Finance : Explore the complexities of India's central-state taxation conflicts, fiscal policies, and solutions to improve tax allocation and...
Income Tax : The Supreme Court upholds TOLA, validating extended income tax reassessment timelines despite previous High Court rulings on Secti...
Income Tax : Explore Income Tax Day 2024s history, significance, and key updates from Budget 2024-25, including enhanced deductions and revised...
CA, CS, CMA : Explore the challenges faced by Charitable Trusts due to delays or errors in submitting applications under Section 12A(1)(ac) of t...
Finance : Interim Budget Session 2024 sees high productivity with 12 Bills passed, Lok Sabha and Rajya Sabha exceeding performance targets....
Corporate Law : Stay vigilant against COVID-19 surge! Centre issues advisory to states, emphasizing vigilance, district-wise monitoring, and incre...
CA, CS, CMA : Join free BoS Live Learning Classes by ICAI for CA Final & Intermediate courses appearing in May 2024 exams. Get expert guidance a...
Income Tax : The Jodhpur ITAT condoned a 30-day delay in filing an income tax appeal after holding that the delay fell within the Supreme Court...
Goods and Services Tax : Dispute on ITC mismatch between returns was remitted after ex-parte order, allowing reconciliation upon 10% pre-deposit. Key takea...
Goods and Services Tax : The Court held that refund rejection on limitation grounds was invalid as authorities failed to consider the Supreme Court’s COV...
Income Tax : ITAT Hyderabad held that the Supreme Court’s COVID-19 limitation extensions apply only to judicial and quasi-judicial proceeding...
Company Law : The Appellate Tribunal upheld dismissal of a CIRP application after finding that the creditor’s own pleadings fixed the default ...
Income Tax : For claiming exemption Section 54 to 54 GB of the Act, for which last date falls between 01st April. 2021 to 28th February, 2022 m...
Company Law : After the Covid-19 pandemic no Company Secretary from far of places shown interest to come and join in a hospital business as the ...
Income Tax : CBDT specifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased ide N...
Income Tax : Clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of the Income-tax Act, 1961 provides that any sum...
Income Tax : CBDT specifies Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment vide Notification No...
RELAXATION IN GST COMPLIANCE’S UNDER-COVID-19 (NOTIFICATION NO. 08/2021 and 09/2021- CENTRAL TAX DATED 01.05.2021) INTEREST RATE RELIEF Turnover Tax period Due Date Interest Rate Relief Late Fee Relief More than 5cr March,21 April,21 20.04.2021 20.05.2021 First 15 Days-9% After 15 Days-18% 15 days from due date of return- No Late Fee Up to 5cr Opting […]
Union Government Did Not Waste Time in Effective Allocation and Distribution of COVID Pandemic Relief material Coordination Cell in Health Ministry started working from 26th April 2021, for receipt and coordination of effective allocation of foreign COVID relief and support material Effective Allocation by Government of India of COVID -19 supplies received from the Global […]
MCA Relaxation due to Covid Pandemic as on 03.05.2021: In respect of Number of Board meetings and Filing of certain forms 1. Section 173: Number of Board Meetings Before Relaxation– Every company shall hold a minimum number of four meetings of its Board of Directors every year; and gap between two consecutive board meetings shall […]
After a long time, Hope all readers are doing well… As we all know Government come up with relaxations in GST on May 1, 2021 so I am just discussing today four important notifications – Notification No 8/2021-Cenral Tax dated -01.05.2021 Waiver of Interest for delay in filling in of GSTR-3B for Month of MARCH […]
A decision was taken to postpone NEET-PG for at least 4 months & the exam will not be held before 31st August 2021. Students will also be given atleast one month of time after announcement of exam before it is conducted. This will make a large number of qualified doctors available for Covid duties.
A common Oxygen cylinder pool is being created, with hubs at various depots of DTC in every district, to augment the capacity of the concerned District Magistrates for management of circulation of oxygen cylinders. OFFICE OF THE PRINCIPAL SECRETARY-CUM-COMMISSIONER TRANSPORT DEPARTMENT, GOVERNMENT OF DELHI 5/9. UNDER HILL ROAD, DELHI – 110054 No. PS/COT/SECCCTPT/1979 Dated: 04.05.2021 ORDER […]
The matter regarding a consignment of 3,000 Oxygen Concentrators lying with Customs Authorities came up in the Hon’ble Delhi High Court and the same was clarified by the Government Counsel that presently no such consignment is pending with Custom Authorities.
Extension in dates of various GST Compliances for GST Taxpayers Government has extended the dates of various compliances by Taxpayers under GST, through Central Tax Notification Nos. 10/2021, 11/2021, 12/20211, 13/2021, 14/2021, all dated 1st May, 2021. The details are summarized below: Filing of Form GSTR-1/IFF by Normal Taxpayers: Sl.No. Return Type(Form) To be filed […]
An unprecedented upsurge of COVID-19 cases and deaths is currently being witnessed across India. The overall nationwide test positivity rate is above 20%. Testing-tracking-tracing, isolation and home-based treatment of positive patients is the key measure to curb transmission of SARS-CoV-2, the causative agent of COVID-19.
Ministry of Corporate Affairs has issued 3 Circulars on May 03, 2021 to provide Relaxation due to CoVID from Compliance under Companies Act, 2013 in respect of ROC Form Filings and Holding of Board Meetings. Circular – 1: Maximum Gap Between Two Board Meetings MCA extended gap between two board meetings by 60 days for […]
