Category Archives: Regulatory

CBDT Grants Covid-19 Relief to Lower/Nil Deduction Certificates

CBDT grants Covid-19 relief to lower/nil deduction certificates, extends validity till June 30. For details, please refer attached note. CBDT Order on TDS or TCS

Posted in Regulatory |

Some Due Dates Not Extended & Some Relaxation Not Granted vide Press Release dated 24.03.2020

Some due dates that do not appear to be extended and some relaxations that do not appear to have been granted by Ministry of Finance vide Press Release Dated 24-03-2020 have been summarized in the attached pdf. Points Not covered … Continue reading

Posted in Direct Tax, GST, Regulatory |

Key Highlights on Tax and Regulatory Matters proposed by Hon’ble Finance Minister of India Smt. Nirmala Sitharaman on 24th March 2020.

Key highlights of the announcements pertaining to relief in certain tax and regulatory compliances proposed by Hon’ble FM Finance Minister of India Smt. Nirmala Sitharaman vide her address to nation dated 24th March, 2020 are summarised in the attached pdf. … Continue reading

Posted in Direct Tax, GST, Regulatory |

Union Budget for the Financial Year 2020-2021

On 1st February 2020,  Hon’ble Finance Minister of India, Smt. Nirmala Sitharaman tabled the Union Budget for the Financial Year 2020-2021. A brief snapshot of the Union Budget prepared by Dewan P.N. Chopra & Co. is attached. For more details … Continue reading

Posted in Regulatory |

The OM invoking the restriction regarding manufacturing & allied activities has been withdrawn with immediate effect.

Manufacturing & allied activities were restricted in LLPs vide OM No. CRC/LLP/e-Forms dated 06.03.2019.

Posted in Regulatory |