CBIC clarifies refund issue of tax paid wrongly: inter-state vs. intra-state supply
CBIC clarifies the issue of refund of tax wrongfully paid as specified u/s 77(1) of CGST Act and u/s 19(1) of the IGST Act, i.e. where a supply is …
Tag: Circulars
Lump sum Limit for NPS Withdrawal on Exit, enhanced by PFRDA
PFRDA has modified the norms applicable for exit from National Pension Scheme (NPS) to enhance/ increase the lumpsum withdrawal limit under the NPS, i.e. for premature exit, normal exit …
CBIC Clarifications on Supply/ Export of Services under IGST Act 2017
CBIC clarifies that supply of service by a subsidiary/ sister concern/ group concern, etc., of a foreign company incorporated in India to the foreign company incorporated outside India, would …
CBIC Clarifications on Certain GST related issues
CBIC has clarified certain GST related issues, like delinking date of debit note from the date of invoice for availing ITC, no requirement to carry physical copy of tax …
CBIC Clarifications on Scope of ‘Intermediary’ Services under IGST
In order to facilitate the exporters, CBIC has clarified various doubts in the matter of Scope/ Definition of 'Intermediary' Services under the IGST Act 2017. Also the requirements for …
ITR & TAR Due Dates further Extended by CBDT: FY 2020-21/ AY 2021-22
CBDT has further extended the due dates for filing of Income Tax Return (ITR)/ Tax Audit Report (TAR)/ Transfer Pricing Report (TPR), in respect of FY 2020-21/ AY 2021-22.
CBDT Circular 17/2021: Further Extension of ITR Filing Due Dates
CBDT has further extended the due dates for filing of Income Tax Return (ITR)/ Tax Audit Report (TAR)/ Transfer Pricing Report (TPR), in respect of FY 2020-21/ AY 2021-22, …
CBDT Extends Timeline for E Filing of Various IT Forms Again
CBDT again extends the due dates for e-filing of various Forms under the Income Tax Act, 1961, in view of difficulties being reported by the taxpayers and other stakeholders …
CBDT further extends due dates for e filing of various IT Forms
CBDT further extends due dates for e-filing of various Forms under the Income-tax Act/ Rules, vide Circular 15/2021 dt. 03/08/2021.
IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2021
IBBI has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations 2021 to enhance the discipline, transparency, and accountability in corporate …