GST Council Meeting Highlights
The 43rd GST Council meet was held on 28 May 2021 where the council decided to exempt certain covid- 19 relief material from IGST…
Insights
IT Portal updation | e-filing 2.0
Income Tax assessees will now be able to file their income tax returns (ITR) on mobile also. TheIncome Tax Department will launch a new…
Relaxation on levy of additional fees in filing of certain forms under the Companies Act, 2013 and LLP 2008.
MCA has granted additional time up to 31 July 2021 for companies/LLPs to file such forms (Other than a CHG – 01 Form, CHG-04…
SFT reporting to include dividend and interest income
For the purposes of pre¬filling the return of income, CBDT has issued Notification No. 16/2021dated 12.03.2021 to include reporting of information relating to dividend…
Income Tax | CBDT notifies slump sale amendment rules
The Finance Act, 2021 brought in many changes to the provisions relating to slump sale under the I-T rules. As per the provisions of…
Income tax due dates extended
The Central Government, to address the hardships being faced by various stakeholders on account of the severe Covid-19 pandemic, has decided to extend timelines…
Guarantors for loans liable under IBC Proceedings – Supreme Court of India
Approval of a resolution plan does not ipso facto discharge a personal guarantor (of a corporate debtor) of her or his liabilities under the…
