Extension of Time limit for passing order for assessment or reassessment under the Income-tax Act, and the time limit for completion of such action under section 153 or section 153B from 30th June, 2021 to 30th September, 2021. (Notification 74/ 2021 dated 25th June,21)
Last date for payment of Amount under Vivaad se Vishwas Scheme (with additional amount) has been notified as 31st October, 2021. (Notification 75/2021 dated 25th June,21)
Last date for payment of Amount under Vivaad se Vishwas Scheme (without additional amount) has been notified as 31st August, 2021. (Notification 75/2021 dated 25th June,21)
Time Limit for linkage of Aadhar with PAN u/s 139AA has been extended from 30th June, 2021 to 3th September, 2021. (Notification 74/ 2021 dated 25th June,21)
Family members of Taxpayer, who has lost life due to COVID-19 have received financial help from Employer and well wishers of Taxpayer. Exemption under Income tax will be provided to such receipt from employers without any limit and upto Rs. 10 lakhs from any other person in the FY 19-20 and subsequent years. Notification will …
Exemption under Income Tax will be provided to Taxpayers for the financial help received from Employers and well wishers for meeting expenses incurred for treatment of COVID-19 in the FY 19-20 and subsequent years. Notification will be issued.
Hon. Prime Minister Shri Narendrabhai Modi has the dream to make India self reliant. He identified the weakness of Indian Economy in spite of the background of liberalisation since 1990, but slow industrial growth and contribution of exports to the world market. The major constraint of ranking of India was too poor in the “Ease of Doing Business”. …
Govt notifies change in location of Debts Recovery Tribunal, Pune. [MCA Notification No. S.O. 2488(E), Dated: 23.06.2021]
MCA extends time for passing ordinary / special resolutions by companies by holding EGMs through video conferencing (VC) or other audio visual means (OAVM) till 31.12.2021. [Circular No. 10/2021 dated 23rd June 2021]
Panel of State Ministers examines casino and online game services for GST purpose to look into the services by casino, online betting platforms and race courses including valuation matter and whether there is a need to change the existing legislative provisions.
Finance Minister asks Infosys to solve problems faced in e-filing portal without further loss of time.
Department of Revenue has issued clarification on Applicability of Central Excise exemption on Ethanol/ Methanol blended Petrol, and High-speed diesel blended with bio-diesel, when blending is done within the refinery. [Circular No. 1078/02/2021 – CX dtd 22nd June 2021]
Any post office shall not allow investment through withdrawal form (SB-7) under SAS / MPKBY Agency System in different National Savings Schemes. [ SB Order No. 10/2021 dtd 15th June 2021]
BIC clarifies on applicability of Dynamic Quick Response (QR) Code on B2C (Registered person to Customer) invoices and compliance. [Circular no. 156/12/2021-GST Dated 21st June, 2021]
All complaints filed with MahaRERA shall be heard & decided on merits by the respective single benches of MahaRERA or the Adjudicating Officer as the case may be as per the seniority of the complaint which shall be decided as per the date of filing / registration of the complaint before MahaRERA except in the …
Services engaged in industry of defence establishments to remain public utility service till 24.06.2021. [Notification of Ministry of Labour & Employment dtd 21st June, 2021]
MHA Advises States to Follow Test-Track-Treat-Vaccinate Strategy. [ D.O. No. 40-34/2020-DM-I(A) dtd 19th June 2021]
SEBI amends conditions for Mutual Funds entering into plain vanilla Interest Rate Swaps (IRS) for hedging purposes. [SEBI/HO/IMD/IMD-I DOF2/P/CIR/2021/580 dated 18th June 2021]
Viewing BE option for FAG and Viewing BE details at the time of Amendment Approval in ICES in respect of Faceless Assessment. [JNPT standing order Standing Order No. – 13/2021 dtd 17th June 2021]
CBDT to launch Compliance Check Functionality for Section 206AB & 206CCA to facilitate the process of furnishing information through the functionality. This will enable taxpayer to decide the TDS rate applicable. [CBDT Circular No. F. No. 22967/2021/ITA.II dtd 21st June 2021]
