CBIC Archives

Bombay High Court restrains I-T department from taking coercive action against Anil Ambani

JUDGEMENT / By taxconcept / March 11, 2023 March 11, 2023 / ANIL AMBANI, CBIC, featured, INCOME TAX

In a relief for industrialist Anil Ambani, the Bombay High Court on Friday restrained the Income Tax department from taking any coercive action against him. A division bench of Justices Gautam Patel and Neela Gokhale granted the relief to Ambani in the fresh IT notice, which sought to prosecute him under the Black Money Act …

Bombay High Court restrains I-T department from taking coercive action against Anil Ambani Read More »

Methods to Apply for a Lost/Duplicate PAN Card?

1 Comment / INCOME TAX, PAN Card / By Sakshi / January 22, 2023 January 22, 2023 / CBIC, Duplicate Pan Apply, Duplicate pan card, featured, INCOME TAX, PAN CARD

Duplicate PAN Card is an exact replica of the original PAN Card. It is given to an individual or taxpayer who has had his or her current PAN Card damaged, stolen, misplaced, or lost. The Income Tax Department of India has made it simple to apply for a lost PAN Card. What are the Methods to Apply …

Methods to Apply for a Lost/Duplicate PAN Card? Read More »

New income tax regime could get some fresh tweaks in the upcoming Union Budget 2023

Leave a Comment / Budget 2023-24, INCOME TAX / By Sakshi / January 7, 2023 January 7, 2023 / Budget2023, CBIC, INCOME TAX

The new income tax regime introduced by the central government over two years ago could get a fresh makeover in the upcoming Union Budget 2023 to attract more taxpayers. A majority of salaried taxpayers have steered clear of the optional tax regime despite lower tax rates as they are not eligible to opt for around …

New income tax regime could get some fresh tweaks in the upcoming Union Budget 2023 Read More »

COMPLIANCE SHEET FOR THE MONTH OF JANUARY 2023

Leave a Comment / COMPLIANCE CALENDAR / By CS Tanuj Saxena / January 2, 2023 January 2, 2023 / CBIC, featured, GST, GSTR, INCOME TAX

COMPLIANCE SHEET FOR THE MONTH OF JANUARY 2023 Date Act Particulars Period Description 07-01-2023 Income Tax TDS/TCS Payment for December, 2022 Dec, 22 Due date for deposit of Tax deducted/collected for the month of December, 2022. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central …

COMPLIANCE SHEET FOR THE MONTH OF JANUARY 2023 Read More »

These 11 major changes will happen from January 1, 2023

Leave a Comment / BUSINESS & ECONOMY / By taxconcept / December 31, 2022 December 31, 2022 / BUSINESSES GST, CBIC, COVID, COVID-19, GST, GSTR, ICAI, INCOME TAX, new rules effect january 2023, new year 2023

Many new changes related to pockets are also going to happen. Some changes will be beneficial for you, while some changes can also be heavy on your pocket. At the same time, there are many such works which you can get done by December 31, then you can also get relief from paying a higher …

These 11 major changes will happen from January 1, 2023 Read More »

The taxpayers should apply for retraction within 30 days from the date of neutralize. To this specific date, they should apply a retraction application to the tax officials. Tax officials have the authority to accept or reject the application for retraction. Are you confused? Keep reading below to learn about all the rules and regulations pertaining to the retraction of neutralize of Goods and Services Tax enrollment in the country. When is Retraction of Neutralize Acceptable? The retraction of neutralize Goods and Services Tax enrollment is applicable only when the concerned Goods and Services Tax official or officer has neutralize someone’s enrollment on their motion. Only people who meet this condition can opt to file an application of retraction to the tax officer within 30 days from the date they got the notice of neutralize of Goods and Services Tax enrollment. If an individual has voluntarily neutralize GST enrollment, are not eligible to do so. Reasons for Enrollment Neutralize by the officer Some common and well-known reasons for enrollment neutralize by tax officers are given below. The enrollment can be discontinued if the taxpayer individual: Is not running any business from the registered business place Provides a bill or invoices without a supply of services/goods, i.e., in violation of expenditures Disobeys the anti-profiteering requirements, for example, not providing the benefits of ITC to clients. With effect from January 2021: The utilisation of ITC from the credit of electronic ledger to release over 99% of tax detriment for restricted taxpayers over steps Rule 86B—with the entire taxable amount of supplies surpassing ₹50 lakhs monthly, with few exceptions; Does not apply GSTR-1 because he had not applied GSTR-3B for over two continuous months (one quarter for those individuals who choose into QRMP scheme); The input tax credit is availed in violation of the requirements of section 16 of the Goods and Services Tax Act. Procedure for Registration Neutralize by an Officer Here is the process to GST Registration Cancellation by a Goods and Services Tax official: If the concerned tax officer has enough reason to cancel someone’s Goods and Services Tax enrollment, he will issue a show cause notice to that particular individual in Form GST REG-17 The receiver of the show cause notice must respond to it in Form Goods and Services Tax REG-18 within seven working days of receiving a notice containing reasons why the enrollment has been discontinued If the concerned officer finds the response from the individual feasible, the officer will stop the proceedings and issue an order in the Goods and Services Tax REG-20 form If the enrolment is liable to be discontinued, the concerned tax officer will proceed with an order in Form Goods and Services Tax REG-19. The order will be received by show cause within 30 days from the response date. Under Section 29(3) of the CGST Act An individual shall continue to spend tax and different dues. The retraction of enrollment under this category shall not influence the detriment of the individual to pay tax and additional dues under this law. It will also not affect the release of any responsibility under this Act or the rules made thereunder for any duration preliminary to the neutralize date, whether or not such tax and different dues are inferred before or after the neutralize date. Retraction of Neutralize of Enrollment There are some rules for retraction of neutralize Goods and Services Tax enrollment explained: An enrolled individual whose enrollment is discontinued by the concerned tax officials on their action is subjected to the expenditures of Rule 10B and can submit a retraction application of neutralize Goods and Services Taxenrollment to proper tax officials in Form GST REG-21. It should be done in a given period, i.e., 30 days from when you get a notice about enrollment neutralize. Or it should be done in a duration provided by the Additional commissioner, Joint commissioner, or commissioner, depending on the case, in the practice of the power given by provision of sub-section (1) of section 30 at the general portal, either directly or via any facilitation centre informed by the commissioner. No retraction application can be filed if the enrollment has been abolished due to the failure of the enrolled person to provide returns on time. Unless such returns are provided, any penalty or interest associated with these returns has been paid along with the late fee. Given that all the dues of returns for a specific duration from the enrollment neutralize date to the retraction of the neutralize enrollment order date shall be provided by the subject person within 30 days from the date of retraction of neutralize of the Online GST Registration order. Moreover, given that where the enrollment has been discontinued effect of retrospective, the enrolled person must provide all returns associated with a duration from the date of enrollment neutralize till the date of retraction order of Goods and Services Tax neutralize enrollment within 30 days from the date of retraction order of enrollment neutralize. If the concerned officer is satisfied with the reasons provided in writing, and that there are enough good reasons for the retraction of neutralize Goods and Services Tax enrollment, he will issue an order of the same in Form GST REG-22 within 30 days from the date when he received the application. He will communicate about the same shortly with the subject applicant. If the officer does not find any good reasons or do not get satisfied with the provided reasons in the application of retraction, he can reject your provided application and issue the same in Form Goods and Services Tax REG-05 and communicate the same with the applicant. The concerned tax officer will, before ratifying the order shown in clause (B) of Sub-rule 2, provide notice in Form Goods and Services Tax REG-23, needs an applicant to display reasons for submitting the application for retraction of neutralize enrollment under Sub-rule 1 should not get rejected. The applicant must reply within seven working days from the date of issuing notice in Form GST REG-24. When the concerned officer gets clarification or information in Form Goods and Services Tax REG-24, the officer will issue an order in favour of the applicant as shown in Sub-rule 2 within 30 working days from the date he received a reply or information from the applicant. Conclusion:- In India, every business registers with Goods and Services Tax Act if the earnings every year is more than ₹20 lakhs. enrollment can be done at the official portal of GST. In the GST Act of 2017, various rules are given. If any taxpayer violates any rule, the tax office will be in a position to cancel their Goods and Services Tax enrollment. However, if you do not want to cancel your enrollment, you have to go for an application of retraction. The article gives all the procedures on how you will approach the retraction application. There are various rules and regulations regarding the retraction process. Moreover, you should apply for retraction in a given period; otherwise, you’ll not be able to do so. If you have any queries about the rules of the retraction process, Vakilsearch is always ready to assist you. They will help you with details about the retraction, its laws and the period.

Clarification to deal with difference in Input Tax Credit (ITC) availed inFORM GSTR-3B as compared to that detailed in FORM GSTR-2A – reg.

Leave a Comment / GST / By taxconcept / December 27, 2022 December 27, 2022 / CBIC, featured, GST, GST PORTAL, GST PORTAL NEWS & UPDATES, GSTR-2, GSTR-3B

Clarification to deal with difference in Input Tax Credit (ITC) availed inFORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and2018-19– reg. Section 16 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as “CGST Act”) provides for eligibility and conditions for availing Input Tax Credit (ITC). During the initial period …

Clarification to deal with difference in Input Tax Credit (ITC) availed inFORM GSTR-3B as compared to that detailed in FORM GSTR-2A – reg. Read More »

WEEKLY CORPORATE AFFAIRS

Leave a Comment / MAGAZINES / By CS LALIT RAJPUT / December 22, 2022 December 22, 2022 / BUSINESSES GST, CBIC, COVID, COVID-19, featured, GST, GSTR, ICAI, INCOME TAX, IPO, IPO & Investment Section, ITAT

Newsletter Contents: • SEBI Updates • MCA Updates • RBI Updates • IBC Updates • Labour Law Updates • Press Information IPO & Investment updates • IRDAI Updates Department of Telecommunications • MSME Updates • Competition Commission of India • Current Affairs – FAQ’s WEEKLY CORPORATE AFFAIRS FROM 13.12.2022 TO 20.12.2022 [Sl. Particulars Link …

WEEKLY CORPORATE AFFAIRS Read More »

E-Newsletter “Weekly Taxation Newsletter”

Leave a Comment / MAGAZINES / By CS LALIT RAJPUT / December 22, 2022 December 22, 2022 / BUSINESSES GST, CBIC, COVID, featured, GST, GSTR, ICAI, INCOME TAX, ITAT

We are delighted to share our 97th E-Newsletter “Weekly Taxation Newsletter” dated 20th December, 2022 from 13th November, 2022 to 20th December, 2022 with you. This E – Newsletter is a weekly reference / compilation of interesting and latest news related to tax including upcoming Timelines / Due Dates, Notifications / Press Information, Case Laws, …

E-Newsletter “Weekly Taxation Newsletter” Read More »

Request for Expression of Interest (EOIs) For Empanelment of Chartered Accountants/Chartered Accountant firms/Cost Accountants/Cost Accountant firms for Special Audit of GST registered persons under Section 66 of the Central Goods & Services Tax Act, 2017

CBIC Request for EOIs for Empanelment of CAs/ICWAs for conducting Special Audit under Section 66 of the CGST Act, 2017

1 Comment / Bank / Bank Audit, GST / By taxconcept / December 21, 2022 December 21, 2022 / AUDIT UNDER SECTION 66, CBIC, empanelment of CA, featured, GST, GST Audit

Request for Expression of Interest (EOIs) for Empanelment of CAs/ICWAs for conducting Special Audit under Section 66 of the CGST Act, 2017 at CGST Audit-1 Commissionerate, Delhi Request for Expression of Interest (EOIs) For Empanelment of Chartered Accountants/Chartered Accountant firms/Cost Accountants/Cost Accountant firms for Special Audit of GST registered persons under Section 66 of the …

CBIC Request for EOIs for Empanelment of CAs/ICWAs for conducting Special Audit under Section 66 of the CGST Act, 2017 Read More »

Got I-T Department’s mail after ITR filing?

INCOME TAX / By Sakshi / August 24, 2022 August 24, 2022 / CBIC, featured, INCOME TAX

If you are among those who have filed income tax return (ITR) for the last fiscal (AY 2022-23) and the department owes you refund, then you might receive an email from the I-T Department asking you to confirm it. As per the email sent by the department to taxpayers, individuals who have claimed tax refunds …

Got I-T Department’s mail after ITR filing? Read More »

Screenshot_2022-03-26-08-45-56-39_4251af1b5b11394b318ec35cda6368c8-117f1704

Breaking: Government Prescribes Manner Of Calculating Interest On Delayed Payment Of Tax

GST / By / July 6, 2022 July 6, 2022 / BUSINESSES GST, CBIC, CBIC UPDATE, featured, Input Tax Credit, INTEREST, ITC

Vide Notification No. 14/2022- Central Tax Dated 5th July 2022, the CBIC has prescribed manner of calculating interest on delayed payment of tax. Rule 88B has been inserted in the CGST Rules 2017 for this purpose. Rule 88B of the CGST Rules as prescribed in the notification is as under: (1) In case, where the …

Breaking: Government Prescribes Manner Of Calculating Interest On Delayed Payment Of Tax Read More »

Screenshot_2022-06-16-08-05-38-11_4251af1b5b11394b318ec35cda6368c8-90a26c4c

Breaking: Due Date For Filing GSTR-4 Of FY 2021-22 Further Extended

GST / By / July 6, 2022 July 6, 2022 / BUSINESSES GST, CBIC, CBIC UPDATE, featured, GSTR-4

Vide Notification No. 12/2022- Central Tax Dated 5th July 2022, the CBIC has extended due date for filing GSTR-4 of financial year 2021-22 to 28th July 2022. Notification States: In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the …

Breaking: Due Date For Filing GSTR-4 Of FY 2021-22 Further Extended Read More »

Screenshot_2022-06-16-08-06-09-62_4251af1b5b11394b318ec35cda6368c8-4537500b

Breaking: Government Extends Due Date For Filing CMP-08 For 1st Quarter Of FY 2022-23

GST / By / July 6, 2022 July 6, 2022 / BUSINESSES GST, CBIC, CBIC UPDATE, CMP-08

Vide Notification No. 11/2022- Central Tax Dated 5th July 2022, the CBIC has extended due date for filing Form GST CMP-08 for the first quarter of financial year 2022-23 (i.e. 1st April 2022 to 30th June 2022) to 31st July 2022. Notification States: In exercise of the powers conferred by section 148 of the Central …

Breaking: Government Extends Due Date For Filing CMP-08 For 1st Quarter Of FY 2022-23 Read More »

Screenshot_2022-06-22-19-58-39-89_4251af1b5b11394b318ec35cda6368c8-5e3dcfbf

Breaking: These Taxpayers Are Not Required To File GST Annual Return For FY 2021-22

1 Comment / INCOME TAX / By / July 6, 2022 July 6, 2022 / BUSINESSES GST, CBIC, CBIC UPDATE, GST ANNUAL RETURN, GSTR, GSTR-9, GSTR-9A

Vide Notification No. 10/2022- Central Tax Dated 5th July 2022, the CBIC has exempted taxpayers having aggregate turnover upto Rs. 2 Crore in the Financial Year 2021-22 from filing GST Annual Return for the said Financial Year. Notification states: In exercise of the powers conferred by the first proviso to section 44 of the Central …

Breaking: These Taxpayers Are Not Required To File GST Annual Return For FY 2021-22 Read More »

Screenshot_2022-06-16-08-06-09-62_4251af1b5b11394b318ec35cda6368c8-b4766a77

Taxpayer is Eligible To Claim ITC As Per Invoice in Absence Of System Based Matching: Gujarat High Court

GST / By / June 26, 2022 June 26, 2022 / BUSINESSES GST, CBIC, GSTN, GSTN PORTAL, GSTR, GSTR-2, GSTR-2A, GSTR-3, GSTR-3B, GUJARAT HIGH COURT, Input Tax Credit, ITC

In the case of M/S New Nalbandh Traders vs State Of Gujarat, the Gujarat High Court has held that: On the perusal of the aforesaid provisions, it can be said that there is a specific mechanism for reversing the credit in the case of a discrepancy in the ITC availed by the recipient, against the …

Taxpayer is Eligible To Claim ITC As Per Invoice in Absence Of System Based Matching: Gujarat High Court Read More »

Screenshot_2022-03-26-08-45-56-39_4251af1b5b11394b318ec35cda6368c8-e95ae464

Good News for Taxpayers: Government Waives Late Fees For GSTR-4 [Read Notification]

GST / By / May 26, 2022 May 26, 2022 / BUSINESSES GST, CBIC, featured, GSTR, GSTR-4

Vide Notification No. 07/2022- Central Tax Dated 26th May 2022, the CBIC has waived late fees for GSTR-4 return of FY 2021-22 for the period from 1st day of May, 2022 till 30th day of June, 2022.

Weekly Taxation Newsletter from 15th May, 2022 to 22nd May, 2022 E-Newsletter latest Due Dates, Notifications, Case Laws

MAGAZINES / By CS LALIT RAJPUT / May 24, 2022 May 24, 2022 / BUSINESSES GST, CBIC, COVID-19, featured, GST, GSTR, INCOME TAX

We are delighted to share our 75th E-Newsletter “Weekly Taxation Newsletter” dated 23rd May, 2022 from 15th May, 2022 to 22nd May, 2022 with you. This E – Newsletter is a weekly reference / compilation of interesting and latest news related to tax including upcoming Timelines / Due Dates, Notifications / Press Information, Case Laws, …

Weekly Taxation Newsletter from 15th May, 2022 to 22nd May, 2022 E-Newsletter latest Due Dates, Notifications, Case Laws Read More »

Screenshot_2022-05-23-20-58-39-13_4251af1b5b11394b318ec35cda6368c8-63feab7b

Breaking: Government Suspends Two GST Officials For Illegal Detention Of Chartered Accountants

GST / By / May 23, 2022 May 23, 2022 / BUSINESSES GST, CA, CBIC, CBIC UPDATE, CHARTERED ACCOUNTANT, featured, GURUGRAM GST REFUND CASE, ICAI, NIRMALA SITHARAMAN, Smt. Nirmala Sitharaman

On 23rd May 2022, Union Minister Smt. Nirmala Sitharaman held a meeting with ICAI delegation in Gurugram GST refund case. CBIC has tweeted the updates of meeting as under: Smt @nsitharaman held a meeting with @theicai delegation, led by VP Shri Aniket Sunil Talati. The MoF had invited the ICAI on Saturday to discuss various …

Breaking: Government Suspends Two GST Officials For Illegal Detention Of Chartered Accountants Read More »

Screenshot_2022-03-26-08-45-56-39_4251af1b5b11394b318ec35cda6368c8-582bb5f7

CBIC Extends Due Date For Making Monthly Payment Under QRMP Scheme

GST / By / May 18, 2022 May 18, 2022 / BUSINESSES GST, CBIC, QRMP, QRMP SCHEME

Vide Notification No 06/2022- Central Tax Dated 17th May 2022, the CBIC has extended due date for making monthly payment for April 2022 in Form GST PMT-06 under QRMP scheme to 27th May 2022.

Screenshot_2022-03-26-08-45-56-39_4251af1b5b11394b318ec35cda6368c8-d225bb73

CBIC Extends Due Date Of April 2022 GSTR-3B

GST / By / May 18, 2022 May 18, 2022 / BUSINESSES GST, CBIC, GSTR, GSTR-3B

Vide Notification No. 05/2022- Central Tax Dated 17th May 2022, the CBIC has extended due date for filing GSTR-3B of April 2022 to 24th May 2022.

Breaking: Government Proposes To Extend April 2022 GSTR-3B Due Date

GST / By / May 17, 2022 May 17, 2022 / BUSINESSES GST, CBIC, GSTN, GSTN PORTAL, GSTR, GSTR-3B

CBIC has tweeted on 17th May 2022 that: A technical glitch has been reported by Infosys in generation of April 2022 GSTR-2B & auto-population of GSTR-3B on portal. Infosys has been directed by Govt for early resolution. Technical team is working to provide GSTR-2B & correct auto-populated GSTR-3B at the earliest. (1/2) Considering the difficulties …

Breaking: Government Proposes To Extend April 2022 GSTR-3B Due Date Read More »

CBIC: Revised Guidelines For National Risk Management Committee For GST & Customs

GST / By / April 26, 2022 April 26, 2022 / CBIC

Vide circular dated 23rd April 2022, the CBIC has issued revised guidelines for National Risk Management Committee (NRMC) for GST and Customs. CBIC has said in the circular that: The NRMC shall be convened once every year and will have the following main (but not limited to) functions: 1.) Review the effectiveness of existing Risk …

CBIC: Revised Guidelines For National Risk Management Committee For GST & Customs Read More »

CBIC is Organizing Webinar On GST Audit. Check Date And Time

GST / By / April 18, 2022 April 18, 2022 / BUSINESSES GST, CBIC, CBIC UPDATE, featured, GST Audit, gstr-9c

Webinar on GST Audit– Taxpayers Perspective Hosted by DGTS DZU/KZU, CBIC on Tuesday, 19th April, 2022 from 3 PM To join the webinar, Please Click Here Meeting number: 2517 541 0965 Password: 1234 Webinar on GST Audit–Taxpayers PerspectiveHosted by DGTS DZU/KZU, CBIC on Tuesday, 19th April, 2022 from 3 PMJoin through https://t.co/Vvo6ExJNXf Meeting number: 2517 …

CBIC is Organizing Webinar On GST Audit. Check Date And Time Read More »

TC VIP Users Premium Weekly Taxation Newsletter

MAGAZINES / By CS LALIT RAJPUT / April 12, 2022 April 12, 2022 / BUSINESSES GST, CBIC, featured, GST, GSTR, ICAI, INCOME TAX, RBI

Weekly Taxation Newsletter Period: 30.03.2022 to 10.04.2022 Weekly Taxation Newsletter Let’s Build Something Together Upcoming Due Dates WeeklyDepartmental updates Important Notifications & Circulars Important Case-laws International Taxation Corner (ITC) Knowledge bucket for NRI Brain Bites- Do you Know?

ITR filing to bank KYC: Complete these 8 important tasks by March 31, otherwise you will have a lot of trouble from next month

INCOME TAX / By Sakshi / March 27, 2022 March 27, 2022 / BUSINESSES GST, CBIC, COVID, featured, GST, GSTR, ICAI, INCOME TAX, RBI

The current financial year 2021-22 is about to end in a few days. With the end of this financial year, the deadlines of many works are also going to end. These also include some financial work. If you do not complete these works by March 31, then you may have to face trouble. These tasks …

ITR filing to bank KYC: Complete these 8 important tasks by March 31, otherwise you will have a lot of trouble from next month Read More »

Breaking: CBIC Issues SOP For Scrutiny Of Returns For F.Y. 2017-18 And F.Y. 2018-19

GST / By / March 23, 2022 March 23, 2022 / BUSINESSES GST, CBIC, CBIC UPDATE, featured, GST Audit, GSTR, GSTR-1, GSTR-2A, GSTR-3B, GSTR-9, gstr-9c

Vide Instruction No. 02/2022- GST, Dated 22nd March 2022, CBIC has issued SOP for scrutiny of returns for F.Y. 2017-18 and F.Y. 2018-19. Let us tell you that Section 61 of the CGST Act and Rule 99 of the CGST Rules are dealing with scrutiny of returns. Section 61 of CGST Act (1) The proper …

Breaking: CBIC Issues SOP For Scrutiny Of Returns For F.Y. 2017-18 And F.Y. 2018-19 Read More »

Latest Income Tax & GST Weekly Due Dates, Notifications / Press Info, Case Laws, etc

MAGAZINES / By CS LALIT RAJPUT / March 10, 2022 March 10, 2022 / BUSINESSES GST, CBIC, COVID, COVID-19, featured, GST, GSTR, ICAI, INCOME TAX, RBI

Dear Readers,We are delighted to share our 66th E-Newsletter “Weekly Taxation Newsletter” dated 08th March, 2022 from 01st March, 2022 to 07th March, 2022 with you. This E – Newsletter is a weekly reference / compilation of interesting and latest news related to tax including upcoming Timelines / Due Dates, Notifications / Press Information, Case …

Latest Income Tax & GST Weekly Due Dates, Notifications / Press Info, Case Laws, etc Read More »

Weekly Corporate Compliance Calendar for March, 2022 [Period 01/03/22 to 07/03/22]

MAGAZINES / By CS LALIT RAJPUT / March 8, 2022 March 8, 2022 / BUSINESSES GST, CBIC, COVID-19, featured, GST, GSTR, INCOME TAX, RBI

1. SEBI UPDATES: [Sl. Particulars Link 1 Adjudication Order in respect of 13 entities in the matter of IPO of Channel Nine Entertainment Ltd Click Here 2 Takeover – Eveready Industries Limited Click Here 3 Adjudication order in respect of ABN Global Securities Private Limited in the matter of dealing in Illiquid Stock Options at …

Weekly Corporate Compliance Calendar for March, 2022 [Period 01/03/22 to 07/03/22] Read More »

Corporate Compliance Calendar for March, 2022

MAGAZINES / By CS LALIT RAJPUT / March 6, 2022 March 6, 2022 / BUSINESSES GST, CBIC, COVID, COVID-19, featured, GST, GSTR, ICAI, INCOME TAX, RBI

ABOUT ARTICLE: This article contains various Compliance requirements for the Month of March, 2022 under various Statutory Laws. Compliance means “adhering to rules and regulations.” Compliance is a continuous process of following laws, policies, and regulations, rules to meet all the necessary governance requirements without any failure. If you think compliance is expensive, try non‐ …

Corporate Compliance Calendar for March, 2022 Read More »

CBIC Issues Big Update On E-Invoice Under GST

GST / By / February 25, 2022 February 25, 2022 / BUSINESSES GST, CBIC, CBIC UPDATE, E-INVOICE, E-INVOICES, featured, gst e-Invoice

Vide Notification No. 01/2022- Central Tax, Dated 24th February 2022, the CBIC has reduced the applicability of e-invoice. Now, e-invoice requirements will be applicable to taxpayers whose aggregate turnover above Rs. 20 crore in any of the previous years from 2017-18 till 2021-22. Copy of Notification attached: