Instructions

Functionality to Process Paper & e-filed Income Tax returns- Reg.

ITR ITBA Processing Instruction No 7 (12/07/2019)

ITBA-ITR Processing Module- Enablement of functionality for Processing of (1) Paper Returns for A.Y. 2018-19- (2) e-filed returns pushed by CPC to Assessing Officer-regarding ITR ITBA Processing Instruction No 7 DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan Extension, 110055, New Delhi – 110055 F.No. ...

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Detailed analysis of changes in Central Excise & Custom- Budget 2019

D.O.F.No. 334/3/2019-TRU (05/07/2019)

Changes in Customs, Central Excise, Service Tax, GST law and rates have been proposed through the Finance (No.2) Bill, 2019. To prescribe effective rates of duty following notifications are being issued:...

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ITBA Functionality to Rectify ITR 1 to 6 for A.Y. 2017-18 Launched

ITBA- Rectification Instruction No.5 (28/06/2019)

The functionality for rectification of processing u/s 143(1) of ITR 1,2,3,4,5, & 6 for A.Y. 2017-18 is now made available in Income Tax Business Application (ITBA). All the steps for initiating, working on the rectification proceedings and passing of rectification Order will be same as described in ITBA Rectification Instruction No.3 date...

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Income Tax Dept can share info of loan defaulters with Public Sector Banks

F. No.225/148/2019/ITA.II (25/06/2019)

CBDT is of the view that sharing of information with Public Sector Banks  (PSBs) in respect of assets held by defaulters of loans, so as to enable recovery of loans from such defaulters, is in public interest and hence, can be furnished. F. No.225/148/2019/ITA.II Government of India Ministry of Finance Department of Revenue Central Board...

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CBIC reveals GST Audit Plan / Strategy for the year 2019-20

F. No. 381/49/2019 (25/06/2019)

The audit of GST Taxpayers were to commence from 1st July 2019, in respect of those taxpayers who have filed their Annual Return in GSTR Form 9 / 9A. However, in the recent GST Council Meeting held on 21/06/2019, the last date of filing of the Annual Return has been extended by two months, i.e. upto 31st August 2019....

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Request for extension of due date of DPT-3 for exempt deposits not justified: MCA

File No: P-01/08/2013-CL-V Vol. VI (24/06/2019)

Auditor Certificate is mandatory only in case of return of deposits. Same is also mentioned In Instruction Kit given with e-Form DPT-3. So revision of time line for filing particulars of exempted deposit (receipt of money or loan which are not considered as deposit) is not justified....

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Draft Guidelines for use of Geographical Indication (GI) Logo & Tagline

P-24026/10/2018-IPR-IV -Part (1) (24/06/2019)

The Department for Promotion of Industry and Internal Trade, in order to encourage the promotion and marketing of Indian products registered as Geographical Indications, launched a common GI Logo and Tagline. The GI Logo will act as a certifying mark that can be used to identify all Indian products registered as GIs, irrespective of the c...

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Lackadaisical attitude in effective redressal of taxpayer grievance- Criticised by CBDT

DO No. Dir.(Hqs.)/Ch.(DT)/39(2)/2019 (21/06/2019)

Inspite of all these efforts by the Board it is seen that the total number of pending grievances on CPGRAMS as on 20.06.20 19 is 2647 out of which 885 grievances are pending for more than 30 days. Likewise 34026 cases of e-Nivaran are still pending for resolution. These figures are a cause of serious concern and point to a lackadaisical a...

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Modified Approval process for issue of paper refunds and Manual Order Upload function

ITBA- Assessment Instruction No. 11. (18/06/2019)

Reg. Modification in Approval process for issue of paper refunds and Manual Order Upload functionality in ITBA Assessment Module vide ITBA- Assessment Instruction No. 11. ITBA- ASSESSMENT INSTRUCTION NO. 11 DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-Z, Jhandewalan Extension, New Delhi – 110055 F. No. System/ITBA...

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Constitution of Group on policy issues for generation of e-Invoice on GST portal

F.No.: 189/Generation of Invoice /GSTC/2019 (23/05/2019)

Committee of Officers (CoO) on generation of electronic Invoice through GST Portal have decided to constitute a working sub Group to examine and recommend on the business process and policy & legal aspects for generation of e-invoice. Accordingly, this sub-Group shall consist of the following members:...

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