CBDT through a press release dated 05.07.2021 has once again extended the date of submitting Form 15CA / 15CB in manual form to the authorized
Category: Top Stories
RBI New Rule Says Unclaimed FD After Maturity To Earn Saving Account Interest Rate
As per the new rules announced by the Reserve Bank of India, Customers who have not renewed FD in time or left in unattended would
Govt Exploring 18% GST on purchase of Cryptocurrencies with Foreign Crypto Exchanges
Foreign Crypto exchanges may be required to pay GST on the transactions with Indian citizens as the Government is thinking of levying GST at the
DGFT Extends Time Line To Update IEC Upto 31st July 2021
DGFT has extended the timeline to update IEC code for Financial Year 2020-21 from 30th June 2021 to 31st July 2021. DGFT vide its notification
How Govt Ignored Majority Of Taxpayers While Announcing Covid Related Tax Exemptions
On 25th June 2021 as Media broke out the news of income tax exemptions on expenses incurred on medical treatment of Covid, it elated the
Govt announces Covid Related Income Tax Exemptions and further extends Income Tax Deadlines
Government today provided a major relief to taxpayers as it announced income tax exemptions for amount received for medical treatment of Covid-19 and also on
GST Annual Return GSTR 9/9C for FY 2019-20 extended to 31st March 21
Providing relief to all the GST registered persons and tax professionals, the Last date for filing GSTR 9 and 9C for Financial Year 2019-20 has
5 Major Benefits for Startups in Union Budget 2021
Startups are said to be the driver of the future growth of an economy. On 1st Feb 2021 during the presentation of the Budget for
Gujarat HC rejects writ petitions for extension of ITR and tax audit
Gujarat High Court has today rejected the writ petitions for the extensions of Income tax returns and tax audits filing time limits. Gujarat High Court
8 Reasons why Govt rejected ITR and tax audit due date extension
When tax professionals and businesses were expecting government to be lenient regarding income tax return and tax audit due date extension, several representations were made