Apropos, taxpayers all over the country are in receipt of emails from the GSTN having a subject line as Payment of short paid late fee. As per the language of the Advisory, taxpayers have no other option than to make the payment of late fees if it is added in the GSTR 3B for the month of January / March 2022 since if this particular GSTR 3B is not filed the next returns cannot be filed and they may become defaulters all over again.
Amendment in Section 403 of the Companies Act, 2013 and notification of Companies (Registration Offices and Fees) Amendment Rules, 2022 w.e.f. 01st July, 2022. This is to inform you that the Central Government has appointed the 01st July, 2022 as the date on which the following provisions of the Companies (Amendment) Act shall come into force namely:
Investor Education and Protection Fund Authority (IEPFA) signs MoU with Indira Gandhi National Open University (IGNOU) for promoting Investor Education and Financial literacy among youth through Gyan Darshan channel The Investor Education and Protection Fund Authority (IEPFA) under the aegis of Ministry of Corporate Affairs has signed a Memorandum of Understanding (MoU) with Indira Gandhi […]
Shri Piyush Goyal appeals to the industry to prepay MSMEs for their services to boost employment and growth Shri Piyush Goyal asks Industry to give inputs for further decriminalization of rules Government committed to big infrastructure and capital expenditure to support businesses activities – Shri Goyal Industry should use Single Window for businesses processes and […]
The survey indicates that companies are keen to dedicate funds towards projects that can create the maximum impact and according to the key findings, companies are directing majority of their funds towards imparting employability skills to School or College Dropouts (22.8%), Women (20.4%), and People with Disabilities (18%).
Delhi Disaster Management Authority (DDMA) directing closure of all private offices in Delhi. Though we assure you of compliance of the order but we would like to mention that approximately there are more than 3 lakh offices in Delhi conducting business and other activities and providing employment to lakhs of people . This order will have adverse impact on businesses of Delhi and employment of these people.
Please note Hon’ble Gujarat High Court has not declined this prayer. The Court said they are not inclined at this point in time and that they will impress upon the respondents to file their reply and bring that on record.
In the wake of proposed republic day sales by All India Mobile Retailers Association stressed in an Open Letter of Concern to brand CEO’s to maintain a level playing field, proper stocks in mainline, price/offer similarity. Else retailers shall harmonise rates by raising debit notes to the distributors. Text of their letter is as follows:- […]
Joint Representation Letter of CA’s in Thanjavur, Thiruvarur, Nagapattinam, Mayiladuthurai and Cuddalore Districts. CAs wrote to FM on the difficulties faced while using the new Income-tax e-filing portal and Request for waiver of late filing fees, penalties, interest, etc.,
I am informed that CBDT had carried out changes in the Tax Audit Schema thrice already with the latest one being on January 6th, 2022. These last-minute changes are causing unnecessary hassle for the audit professionals who themselves are struggling with the pandemic.