CBDT launches E-Portal for Filing Complaints Regarding Tax Evasion etc

Posted on January 13, 2021

Central Board of Direct Taxes (‘CBDT’) has launched an automated dedicated e-portal on the e-filing website of the Department to receive and process complaints in respect of violations of the Income- tax Act, 1961, Black Money (Undisclosed Foreign Income and... Read More →

Posted in Direct Tax |

Extension of Due Dates

Posted on January 4, 2021

Income Tax & GST - Extension of Due Dates as per Press Release dated 30.12.2020. Income Tax Nature of Taxpayer Extended Due Date of ITR Extended Due Date of Audit Reports (Tax Audit Report, Transfer Pricing Report etc.)  Taxpayer (including... Read More →

Posted in Direct Tax, GST |

Operational Risk Management in Manufacturing sector

Posted on December 7, 2020

During manufacturing of any item, manufacturers tend to face various technical, cultural, moral, and ethical risks. Risk Advisory Services tends to identify the risk areas by spotting out process lacunas, and mismanaged process. It is there by ensured that sufficient... Read More →

Posted in Risk Advisory |

The RBI aligns the list of offences under FEMA with the new NDI rules.

Posted on November 30, 2020

Background Compounding of an offence refers to the process of admitting the contravention, suo moto and seeking redressal. The Reserve Bank of India is empowered to compound any contraventions as defined under section 13 of Foreign Exchange Management Act, 1999... Read More →

Posted in Regulatory |

Gist of Notification dated 10th November, 2020

Posted on November 13, 2020

In consonance with the powers conferred by various provisions of CGST Act 2017, the Central Government issued some notifications dated 10th November 2020 prescribing/extending due dates for various Compliances under GST Law, effecting new provisions and making various amendments in... Read More →

Posted in GST, GST Update |