Chartered Accountants
(Date: 31/8/2019)
The Finance (No. 2) Act, 2019 has amended Section 139A to make PAN and Aadhaar interchangeable. Now, the CBDT has amended Rule 114 of Income-tax Rules, 1962 to provide that a person, who has not been allotted a PAN, shall be deemed to have applied for the same if he has intimated his Aadhar in lieu PAN. Further, assessees not possessing PAN can apply for it by intimating his Aadhaar only, […] Read More >>
(Date: 27/08/2019)
On August 26, 2019 vide Order No. 7/2019-Central Tax, CBIC has extended the due date for filing of GST Annual Return and GST Audit from August 31, 2019 to November 30, 2019 for the period July, 2017 to March, 2018.
(Date: 10/8/2019)
The Income-tax return (ITR) forms for the Assessment Year 2019-20 were notified vide notification bearing G.S.R. 279(E) dated the 01-04-2019. Since the release of new forms, various queries have been raised by the stakeholders in respect of filling-up of the ITR forms. In order to address such queries, the board has issued certain clarification mentioned in the document annexed below.
(Date: 30/7/2019)
On July 29, 2019 vide Notification No. 35/2019-Central Tax, CBIC has further extended the due date for making payment of taxes by Composition dealers in Form GST CMP-08 for the quarter April, 2019 to June, 2019 from July 31, 2019 to August 31, 2019.
(Date: 30/7/2019)
On July 29, 2019 vide Corrigendum to Circular No. 97/16/2019-GST, CBIC has amended the para 2(i) by extending the due date for filing intimation by persons who want to opt to pay tax at the rate of 6% under Composition Scheme in Form GST CMP-02 from July 31, 2019 to September 30, 2019.
(Date: 30/7/2019)
The MCA has extended the time limit for filing e-form BEN-2 up to 30th September 2019 without payment of additional fee and thereafter fee and additional fee shall be payable.
(Date: 26/7/2019)
The Ministry of Corporate Affairs (MCA) has come up with new web based KYC verification services for existing director of all types of companies. The director who has already submitted e-form DIR-3KYC in relation to any previous financial year, submits web b-form DIR-3KYC-Web through the web services in relation to any subsequent financial year.
(Date: 24/7/2019)
The CBDT has extended the due date for filing of ITR for Assessment Year 2019-20 from July 31, 2019 to August 31, 2019, for the taxpayers who are liable to file ITR by July 31, 2019. This extension was necessary considering the extension in due dates for filing of TDS statement in new Form 24Q and issue of TDS certificate in new Form 16.
(Date: 20/7/19)
On July 18, 2019, CBIC has notified fifth amendments rules, 2019 vide Notification No. 33/2019-Central Tax. These rules have provided changes in refund application, a facility for unblocking of the generation of the e-way bill, the surrender of enrolment of GST practitioner certificate, etc.
(Date: 20/7/19)
On July 18, 2019, vide Notification No. 34/2019-Central Tax, CBIC has extended the due date for making payment of taxes in form GST CMP-08 by Composition dealers for the quarter April, 2019 to June, 2019 shall be July 31, 2019.