Appointment of Statutory Auditor in case of Government Companies
Appointment of Statutory Auditor in case of Government Companies As per Section 139 of the Companies Act 2013: In case...
RBI extends FLA 2020 due date to 31st July 2020
Submission of annual return on FLA through the web-based FLAIR portal for financial year 2019-20 has been started. Entities which are filing FLA return for the first...
Rule 11UAD of Income Tax Rule 1962: Prescribed class of persons for the purpose of section 50CA
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 30th June, 2020 G.S.R. 423(E).—In...
Relief in opting for Composition by Taxpayers, filing other Returns & EWB.
Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings. These are notified in...
ICAI Cancels May 2020 Exams & Merged with November 2020
Examination Department The Institute of Chartered Accountants of India 3rd July, 2020 IMPORTANT ANNOUNCEMENT The students are aware that vide...
Filing NIL Form GSTR-1 through SMS on GST Portal-01-07-2020
Filing NIL Form GSTR-1 through SMS on GST Portal 1. A taxpayer may now file NIL Form GSTR-1, through an...
Relief in late fee to Taxpayers filing Form GSTR-3B (Latest Notification dated 30.06.2020)
Government has issued Notification No.57/2020 dated 30.06.2020 in which prescribed the maximum amount of penalty if GSTR-3B is filed upto...
Launch of new DGFT platform and Digital delivery of IEC related services
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Dated: 25th June 2020...
Section 115C of the Income Tax Act 1961: Definitions
SPECIAL PROVISIONS RELATING TO CERTAIN INCOMES OF NON-RESIDENTS Definitions. Section 115C of the Income Tax Act 1961: In this Chapter, unless...
How to compute of total income of non-residents: Section 115D of Income Tax Act 1961
Special provision for computation of total income of non-residents. Section 115D of the Income Tax Act 1961: (1) No deduction in...