A Committee of Officers has been constituted on Generation of Electronic Invoice through GST Portal to, inter-alia to Study and examine the electronic tax invoice system of South Korea, Latin America and other relevant countries, Examine and suggest the target taxpayers and threshold limits, Examine impact on the E-way Bill, Examine and suggest integration of […]
IAP: 2019-20 (For Departmental use only) MOST IMMEDIATE BY FAX F.NO. 380/1/2019-IT(B) Government of India Ministry of Finance Department of Revenue Central Board Direct Taxes North Block, New Delhi 12th April 2019 To All Pr. Chief Commissioners of Income tax & Pr. Director Generals of the attached Directorates of CBDT Subject: Central Action Plan for the […]
Government of India/Ministry of Finance Department of Revenue/Central Board of Direct Taxes Directorate General of Income-tax (IIRD) 2nd Floor, Jawaharlal Nehru Stadium, Gate No. 1, New Delhi – 110003 HRD/CM/152/Vac. Cir/2019-20/329 Dated: 12/04/2019 To, All Pr. CCsIT/CCsIT(CCA)/DGsIT Madam/Sir, Sub: Filling up the posts of Members of the Central Board of Direct Tax (CBDT) under the […]
Further deferral of SA 701 cannot be permitted and it remains applicable for audits of financial statements for periods beginning on or after 1st April, 2018:‑(i) SA 701 was issued in May, 2016 with applicability for all audits of the year 2017-18 onwards. On the grounds of lack of adequate time for preparedness the said applicability date of SA 701 was postponed to the financial year 2018-19 onwards. Effectively, a period of almost two years was available for awareness building and training of the Auditors and any practical difficulties can be addressed only after implementation of the SA 701.
It has now been decided to extend the Single Window System for the cases of Appeals, Revision and Review under Rule 23, 29 & 29(A) of CCS(CCA) Rules, 1965.
The Election Commission of India expresses its deep sense of anguish about the casual and trivial manner in which the advisory to be absolutely neutral, impartial and non, discriminatory has been responded to by Department of Revenue, Ministry of Finance vide letter F. No. A.50050/15/2019-Ad. I dated 08.04.19.
There is a considerable gap between the turnover on account of services as per the ITR/TDS data and the value of services declared in the corresponding Service Tax returns (above threshold of Rs. 1o lakhs). For FY 2015-16 alone, the mismatch is to the tune of of approx. Rs. 12 Lakh Crores.
F.No. 225/442/2018/ITA-II Government of India Ministry of Finance Department of Revenue (CBDT) Room No. 245-A, North Block, New Delhi, the 28th of March, 2019 To All Pr. Chief-Commissioners of Income Tax Sir/Madam, Subject: Verification of suspicious transactions in case of struck-off companies-reg. Kindly refer to the above. In the last few years, Register of Companies […]
DIRECTORATE GENERAL OF GST INTELLIGENCE VISAKHAPATNAM ZONAL UNIT DOOR NO.28-14-17, SURYA BAGH, BESIDES MELODY THEATRE VISAKHAPATNAM-530020 Tel: 0891-2535250/2733847 Fax:0891-2528677 Email: dggi-vzu@gov.in F. No. DGGI/VZU/INV/GST/13/2019/1130: 11614 11671: 1187 Dated: 27.03.19 ALERT NOTICE NO – 01/2018-19 Sub.: Alert Notice regarding passing out of Input Tax Credit on the strength of fake invoices without supply of underlying goods/services […]
GOVERNMENT OF INDIA Ministry of Finance/Department of Revenue Central Board of Direct Taxes North Block, New Delhi-110001 Tale Fax : 011-23092791 NEENA KUMAR, IRS MEMBER, CBDT & Special Secretary to the Government of India F.No. D.01380/0212018-1T(B) New Delhi, dated. 26th March. 2019 Dear Pr. Chief Commissioner of Income Tax, Subject: Achieving budget collection target for […]