Know all the recent updates that were notified in the month of May. This article provides the latest announcements for Finance and Tax Professionals.
Is GST payable on sale of units/flats to landowner for free?
MSME new definition was given by the FM while giving the details of the Economic Relief Package. MSME new definition will take effect from 1st of July 2020.
A slump sale is mainly affected by the way of Business Transfer Agreement ("BTA"). BTA's are typically subject to negotiations.
ITR-1 for AY 20-21 has recently been notified on the e-filing website of the Income Tax Department.
ICEGATE Portal is an e-commerce portal for Indian Customs. ICEGATE stands for Indian Customs and Central Excise Electronic Commerce/Electronic Data Interchange (EC/EDI) Gateway.
Income Tax Return(ITR) can also be filed without Form 16. One might be facing issues with Form-16 due to lockdown. Know how to file ITR without Form-16
True and Full Disclosure: A Fetter on the power of the AO to reopen
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