CBIC defers facility of Dynamic QR Code on B2C invoices to 1st December
The Central Board of Indirect Taxes and Customs ( CBIC ) has deferred the facility of Dynamic QR Code on...
E-invoicing – Relaxation and latest changes
e-invoicing – Relaxation and latest changes 01/10/2020 1.‘e-invoicing’ for certain classes of taxpayers has come into effect from 1-10-2020. 2.Keeping...
CBIC allows one-month grace period for those not yet ready for GST E-Invoice
The Central Board of Indirect Taxes and Customs ( CBIC ) has allowed one month grace period for those who...
Section 194O TDS on Payment by e-commerce operator to e-commerce participant
TDS on Payment of certain sums by e-commerce operator to e-commerce participant {Section 194-O of Income Tax Act, 1961} Section...
Due Date to File ITR for FY 2018-19 AY 2019-20 Extended to 30 November 2020
Due Date to File ITR for FY 2018-19 AY 2019-20 Extended to 30 November 2020 Considering the genuine difficulties being...
No requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares
Ministry of Finance No requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares...
MCA extends Companies Fresh Start Scheme, 2020, and LLP Settlement Scheme
The Ministry of Corporate Affairs ( MCA ) has extended the Companies Fresh Start Scheme, 2020 till December 31st 2020...
Manner of Selection of Independent Directors and Maintenance of Databank of Independent Directors
Manner of Selection of Independent Directors and Maintenance of Databank of Independent Directors Section 1 Exception/ Modification/ Adaptation 1. In...
Section 128 of the Companies Act, Books of Account, etc., to be kept by Company
Section 128 (1) of the Companies Act 2013: Every company shall prepare and keep at its registered office books of...
Tax clearance certificate: Section 230 of Income Tax Act
(Tax clearance certificate) Section 230 of the Income Tax Act 1961 Section 230 (1): Subject to such exceptions as the...