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ICSI - extension of time - mandatory CPE Credits - Taxscan

ICSI notifies extension of time for obtaining the mandatory CPE Credits

The Institute of Companies Secretaries (ICSI) notified extension of time for obtaining the mandatory Continuous Professional Education (CPE)...

GST: Govt. issues Advisory on Opting-in for Composition Scheme for Financial year 2021-22

ICAI Leads in Sustainability Reporting Benchmarking: Releases Sustainability Reporting Maturity...

324 companies filed for bankruptcy between 2018 to 2020

CBDT amends Income Tax Rules to set up Taxpayer Data Collection [Read Notification]

Eligibility under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 to be decided after hearing the declarant: Bombay High Court [Read Judgment]

A division bench of the Bombay High Court has ruled that the declarant under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 shall be heard while deciding the eligibility criteria under the...

IT Dept. to serve Notices in cases under Anti-Black Money Law within next few weeks

The Income Tax Department will serve notices in cases under anti-black money law within the next few weeks. The Income Tax Department has issued notices in over 400 cases involving more than...

GSTN issues Advisory on Reconciliation Statement to be filed in GSTR-9C

The Goods and Service Tax Network (GSTN) issued the Advisory on Reconciliation Statement to be filed in GSTR-9C. “Reconciliation statement to be filed in Form GSTR-9C require the tax rate wise...

GST Evasion: CGST Delhi West Commissionerate arrests one for duty evasion of around Rs 831.72 cr

The Central GST Delhi West Commissionerate has unearthed evasion of GST by way of manufacture and clandestine supply of gutkha/pan masala/tobacco products without any registration and payment of...

AO cannot invoke Section 68 merely because Explanation from Assessee was “Unsatisfactory”: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench held that Assessing Officer (AO) cannot invoke Section 68 merely because Explanation from Assessee was “Unsatisfactory”. The assessee,...

CBIC issues Measures to facilitate MSME for AEO T1 & T2 accreditation [Read Circular]

The Central Board of Indirect Taxes and Customs (CBIC) issued the measures to facilitate MSME for AEO T1 & T2 accreditation. The Board in line with the Prime Minister’s Atma Nirbhar...

GST: Delhi Govt. notifies Number of digits HSN Code for Aggregate Turnover in Financial Year 2021-22 [Read Notification]

The Delhi Government notified the number of digits of Harmonised System of Nomenclature (HSN) Code for Aggregate Turnover in Financial Year 2021-22. The government seeks to notify the amendment in...

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