The Central Board of Direct Taxes has extended the last date for filing declarations under the Vivad se Vishwas Act, 2020 to 28th February 2021.
It is being informed to the members that all the missed UDINs between the period 1st February 2019 to 31st January 2021 can now be generated up to 28th February 2021 and this be taken as an extension of the Condonation Scheme announced previously.
Income tax refunds of Rs. 62,231 crore have been issued in 1,71,77,174 cases & corporate tax refunds of Rs. 1,19,105 crore have been issued in 2,12,506 cases.
An amount of more than Rs. 1,76,217 crore refunded to more than 1.65 Crore taxpayers between 1st April, 2020 to 18th January, 2021 reports The Central Board of Direct Taxes(CBDT).
The Central Board of Indirect Taxes and Customs issued clarification regarding requirement of Filing of bill of Coastal Goods
The Central Board of Direct Taxes has clarified the amount of remuneration prescribed under section 9A(3)(m) of the Income-tax Act, 1961.
The Western Maharashtra Tax Practitioner's Association has called for an All India Protest on 29th January 2021 against the rigid approach of the Central Government, in not extending the due dates for filing GST Returns
The Gujarat High Court has rejected the writ application filed against the order under Section 119 of the Income Tax Act, 1961 dated 11th January 2021 declining to extend the time limit any further.
The Central Board of Indirect Taxes and Customs (CBIC) has barred its officers from attending seminars, webinars or conferences organised by non-government agencies unless permitted by the revenue secretary.
The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2020 and 11th January 2021. Know the amount of total refund and its bifurcation here.
Online GST Course - Master the Fundamentals of GST with Practical Insights
CAclubindia
