AGM Due Date Impasse for FY 2019-20 gets Finally Resolved. MCA Extends AGM & Annual Accounts Laying Date for around 12 Lakh Indian Companies by Three Months to 31.12.2020, from existing due date of 30.9.2020.
ROC, NCT of Delhi & Haryana Extends AGM & Annual Accounts Laying Date for Delhi & Haryana based Companies by Three Months from the Due Date of 30.9.2020. Will Other States Follow?
In this Taxalogue, I am discussing at least 7 Reporting Clauses in the Tax Audit Report (Annexure Form 3CD), which requires reporting by the Tax Auditor on certain specified compliances by the tax auditee up till the due date of filing of ITR u/s 139(1) of the Income Tax Act.
CBDT vide its Notification No. 9/2021 dated February 26, 2021, has further extended the Due Dates under the Direct Tax Vivad se Vishwas Act, 2020.
Analysing the four important provisions laid down by the Finance Minister in Union Budget 2021 in this Straight and Honest Talk on Budget Amendments.
In this Taxalogue, among all the suggested tax reforms/amendments, I would like to specially discuss the Doctrine of Audi Alteram Partem and its criticality and significance in the Faceless Tax Administration Regime, in detail.
In this Taxalogue, we have decoded and explained the newly inserted rules of penalty shoot-out i.e. the newly legislated Faceless Penalty Scheme, 2021 and its provisions.
In this article, we discuss some of the key takeaways from the new FAQs issued by the Central Board of Direct Tax on 4th December 2020 on Vivad se Vishwas Scheme, 2020.
At present, 93% of Registered Persons under GST are having their AATO of up to Rs. 5 crores, and the date of 30.11.2020 is very significant and crucial for all such registered persons.
In this Article, the practicalities and nitty-gritty of the new Quarterly Return Monthly Payment (QRMP) Scheme are being decoded and explained with the help of practical illustrations.
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