Time of Supply of Services under GST
Time of supply of services The liability to pay tax on services shall arise at the time of supply, as...
Time of supply of Goods under GST
1. Time of supply of goods The time of supply of goods shall be the earlier of the following dates,...
Without Guarantee & Security Loan for MSME-Around Rs 3 lakh crores
Rs 3 lakh crores Collateral-free Automatic Loans for Businesses, including MSMEs Businesses/MSMEs have been badly hit due to COVID19 need...
Relief to Contractors & Real Estate in today Press conference by Honorable FM: Nirmala Sitharaman
Relief to Contractors Extension of up to 6 months (without costs to contractor) to be provided by all Central Agencies...
Rs 50,000 crores liquidity through TDS/TCS rate reduction
In order to provide more funds at the disposal of the taxpayers, the rates of Tax Deduction at Source (TDS)...
Important points from today Press conference by Honorable FM: Nirmala Sitharaman
Six major steps for MSME (Micro, Small, Medium Enterprises): Collateral Free Automatic Loan to MSME. No guarantee required. Period 4...
Whether NIL statement is required to file statement of financial transaction (SFT)-Form 61A
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 26th May, 2017. PRESS...
Reporting Cash Transactions under Rule 114E of Income –tax Rules, 1962
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 22nd December, 2016. Press...
SFT – Form 61A Filing – Due date 31st May 2021
Section 285BA of Income Tax Act, 1961 deals with Obligation to furnish statement of financial transaction or report able account...
Clarification in respect of residency u/s 6 of the Income-tax Act, 1961
CBDT issues Circular No. 11 of 2020 and excluded period of forced stay in India from 22nd March, 2020 to...