LATEST ARTICLES

Income Tax Return Updates : ITR 1,2,3 & 4 for AY 2019-20 Available for...

Cetral Board of Direct Tax (CBDT) has notified ITR 1,2,3 and 4 for filing income tax return for the Assessment Year 2019-20. Due date for filing income tax return for the tax...

CBDT issues clarification on linking of PAN with Aadhaar : For filing Income Tax...

CBDT issues clarification on linking of PAN with Aadhaar CBDT Clearly mention on press note that w.e.f. 01.04.2019, it is mandatory to quote and link Aadhaar number while filing the return of income. Plain...

Extention of due date : GSTR 1 & 7 for March 2019 are 13th...

Due to technical glitch taxpayer and tax deductor are facing issue regarding submission of GSTR 1 and GSTR 7 which are for the details of Outward supply details and details of...

ICAI Updates : UDIN Mandatory second phase implementation w.e.f 1st April 2019

You may be aware that Unique Document Identification Number (UDIN) has been made mandatory as per the Council decision taken at its 379th Meeting held on 17th – 18th December, 2018...

GSTR 9 UPDATES : Annual Return for the FY 2017-18 Available on GST Portal

Last GSTR for the Financial Year 2017-18 GSTR-9(Annual Return) is now made available on GST Portal. Government has annouced format of GSTR-9(Annual Return) which is now available for filling at GST...

Due Date Extension : GSTR 7 for the month of Jan 2019

Central Board of Indirect Taxes and Custom has been extended due date for filling GSTR-7 for the month of January 2019  till the 28th day of February, 2019 via Notification No. 8/2019...

Interim Budget 2019 updates: Income Tax Act brief updates

Rebate on income tax: Upper limit of Income for eligibility of Rebate under section 87A has been increased up to 5 lacs rupees and maximum allowable rebate increased up to...

Applicability of Section 9(4) : RCM on supplies by unregistered persons

On 29th of January , 2019 CBIC issue notification no.01/2019-Central Tax (Rate) , Seeks to rescind notification No. 8/2017-Central Tax (Rate) dated 28.06.2017 in view of bringing into effect the amendments (regarding...

ICAI Announcement : Clarification on Applicability of Rotation principles of Statutory Auditor on a...

Clarification on Applicability of Rotation principles of Statutory Auditor on a company where the company ceases to fall under the ambit of Rotation principles in subsequent years. The Institute of Chartered Accountants of India...

Circular No. 4/2019 : ​Clarification regarding liability and status of Official Assignees under the...

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Circular No 04/2019 North Block, New Delhi, the 28th of January, 2019 Subject: Clarification regarding liability and status of Official Assignees under the...