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Webinar on Intricacies of ITC with practical issues & solutions

August 23, 2020 14151 Views 1 comment Print

It is our extreme pleasure to inform you that TaxGuru is organising a Webinar on Intricacies of Input Tax Credit along with Discussion on Relevant Advance Rulings by a renowned speaker CA Sunnay Jariwala.

Extended date of conducting AGMs for Financial year ended 31.03.2020

August 22, 2020 11223 Views 1 comment Print

Extension for date of Holding Annual General Meeting under the Companies Act for Financial year ended 31.03.2020 with objective of Ease of doing Business & Minimum Government & Maximum Governance.

1st April Onward CBDT issued refunds of over Rs. 88652 crore

August 22, 2020 969 Views 0 comment Print

As per tweet by CBDT on its official Handle-From 1st April onwards CBDT has, so far, issued refunds of over Rs. 88,652 crore to more than 24.64 lakh taxpayers from 1st April, 2020 onwards. Income tax refunds of Rs. 28,180 crore have been issued in 23,05,726 cases & corporate tax refunds of Rs. 60,472 crore […]

More than 8 lakh net subscribers added during first quarter of FY 21: EPFO payroll data

August 22, 2020 645 Views 0 comment Print

The provisional payroll data published by EPFO on 20th August 2020 reveals that the subscriber base of EPFO increased by around 8.47 lakh members during the first quarter of FY21. The COVID-19 pandemic outbreak had adversely affected the enrolments in the month of April and May 2020.

Income Tax Department conducts searches in Bhopal

August 22, 2020 726 Views 0 comment Print

The Income Tax Department carried out a search and seizure operation on 20.08.2020 at various locations in Bhopal. The key person of one of the groups covered used to run a bangles shop. Another person covered is a property builder/developer and is also running a cricket academy.

Change in GST Registration Procedure WEF 21/08/2020

August 21, 2020 26835 Views 9 comments Print

Notification 62/2020 dated 20/08/2020 being issued to bring in change in GST Registration Procedure. According to the said notification, a person opting to get registered under GST has to opt for Aadhar Authentication and date of submission of application will be date of such authentication and officer has to act upon the application within 3 working days.

Loans worth more than Rs 1 Lakh crore disbursed under ECLGS

August 20, 2020 3423 Views 0 comment Print

Under the 100% Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government of India guarantee, Banks from Public & Private Sectors have sanctioned loans worth over Rs. 1.5 lakh crore as of 18th August, 2020, of which more than Rs 1 lakh crore has already been disbursed.

MCA stops displaying Residential Address of Directors, KMP & DPs

August 20, 2020 17748 Views 2 comments Print

MCA Removed ‘present Residential Address’ of Directors, KMP and Designated Partners (DPs) Till 18.08.2020, With the help of View Signatory Details tab given under the MCA Services Tab on the website of Ministry of Corporate Affairs (MCA), one can view the following information about Directors, KMP and Designated Partners (in case of LLP):- i. DIN/DPIN/PAN […]

Pre-qualification experience cannot be considered for Registration as Valuer

August 19, 2020 1341 Views 0 comment Print

IBBI find that the educational qualifications and experience possessed by the applicant does not adhere to Rule 4 read with Annexure IV of the Rules. With respect to the contention of the applicant that he has enrolled himself for a two year post graduate Master’s in Science (real estate valuation) degree and possess required experience […]

Admit Card for August, 2020 Session of CSEET (Remote Proctored Mode)

August 19, 2020 516 Views 0 comment Print

It may be noted that the Admit Cards to eligible candidates for appearing in Company Secretary Executive Entrance Test (CSEET) scheduled to be held on 29th August, 2020 through Remote Proctored Mode have been uploaded on the website of the Institute.

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