Unique Quantity Code for GST Invoice

As per Tax Invoice, Credit and Debit notes final rules approved by GST Council, a tax invoice referred to in section 31 shall be issued by the registered person should contain quantity in case of […]

GST Network extends deadline till April 30 for firms to register

Once again GST Network has decided to extend the deadline to register on GST Onine Portal till April 30, 2017 from March 31, 2017. Source : http://www.newindianexpress.com/business/2017/mar/30/gst-network-extends-deadline-till-april-30-for-firms-to-register-1587528.html

Explanatory notes on provisions of the Income Declaration Scheme, 2016 as provided in Chapter IX of the Finance Act, 2016

CBDT came with circular on Explanatory notes on provisions of the Income Declaration Scheme, 2016 as provided in Chapter IX of the Finance Act, 2016 vide circular number Circular No. 16/2016. Detailed content of the […]

Relaxation for furnishing of UID in case of Form 15G/15H for certain quarters

CBDT came with circular on Relaxation for furnishing of UID in case of Form 15G/15H for certain quarters vide circular number Circular No. 18/2016. Detailed content of the circular is as given below: The existing […]

E-filing of appeals Extension of time limit​

CBDT came with circular on E-filing of appeals Extension of time limit vide circular number Circular No. 20/2016. Detailed content of the circular is as given below: Rule 45 of the Income Tax Rules, 1962, […]

​Admissibility of claim of deduction of Bad Debt under section 36(1)(vii) read with section 36(2) of the Income-tax Act, 1961

CBDT came with circular on Admissibility of claim of deduction of Bad Debt under section 36(1)(vii) read with section 36(2) of the Income-tax Act, 1961 vide circular number Circular No. 12/2016. Detailed content of the circular […]

Amendment in Section 206C vide Finance Act 2016 – Clarifications

CBDT came with circular on Amendment in Section 206C vide Finance Act 2016 – Clarifications vide circular number Cirular No. 22/2016. Detailed content of the circular is as given below: Section 206C of the Income-tax […]

​Amendment in Section 206C of the Income-tax Act vide Finance Act 2016

CBDT came with circular on ​Amendment in Section 206C of the Income-tax Act vide Finance Act 2016 vide circular number Circular No. 23/2016. Detailed content of the circular is as given below: On 5 May, […]