(Assessee’s may prepare for compliance to the extent applicable to them) The Finance Act, 2021 had brought in the following changes w.e.f 1st July 2021 in respect of TDS/TCS provisions: 1. Section 194Q – Deduction of tax at source on... Read More →
In exercise of powers conferred by various provisions of CGST Act 2017, CBIC issued various Notifications on 1st June, Gist of notifications are as follows: Notification No. Gist of notifications 16/2021- Central Tax Provision for liability of interest has... Read More →
GST Council in 43rd GST Council Meeting held on 28th May, 2021 have made the following recommendations as listed below: S. No. Recommendations in brief 1. · Relief items like oxygen concentrators, medical oxygen, COVID-19 vaccines etc., to be... Read More →
Following amendments are made in CGST rules, vide CBIC vide Notification No. 15/2021-CT, dated 18.05.2021 and are effective from the same date. Amendments are made in registration, refund and e-way bill rules. Amendments in brief are as follows: Earlier application... Read More →
In the light of adverse circumstances arising due to the severe 2nd wave of Covid-19 pandemic and also in view of the several requests received from taxpayers, tax consultants & other stakeholders from across the country, requesting that various compliance... Read More →