CAclubindia News

CCI approves acquisition by TPG Growth V SF Markets Pte. Ltd. of 8% (approx.) of the equity shareholding of API Holdings Private Limited

31 December 2020 at 16:16

CCI approves acquisition by TPG Growth V SF Markets Pte. Ltd. (“TPG/Acquirer”) of 8% (approx.) of the equity shareholding of API Holdings Private Limited (“API/Target”) under Section 31(1) of the Competition Act, 2002.

Posted in Investments & Personal Finance | 3033 Views

GST Portal - Auto-population of e-invoice details into GSTR-1/2A/2B/4A/6A

31 December 2020 at 12:39

For those taxpayers who had started e-invoicing from 1-10-2020, the auto-population of e-invoice data into GSTR-1 (of December 2020) had started from December 3rd, 2020.

Posted in GST | 7872 Views

CBIC amends the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010

31 December 2020 at 12:39

The Central Board of Indirect Taxes and Customs has amended the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010. Read the official announcement and amendments made here.

Posted in Custom | 3954 Views

Cabinet approves Industrial Corridor nodes at Krishnapatnam and Tumakuru under CBIC

31 December 2020 at 12:39

The approved proposals have a total estimated cost of Rs. 7,725 crore and an estimated employment generation of more than 2.8 lakh persons.

Posted in Community & General | 1560 Views

2,86,145 returns have been filed on 30th December up to 7:45 PM on the GST Portal

31 December 2020 at 10:34

The GST Portal, via their official Twitter Handle has released the daily statistics of Annual GST Returns filed. Know the statistics for 30th December here.

Posted in GST | 2292 Views

16,66,548 ITRs for AY 2020-21 have been filed on 30th December up to 8 PM

31 December 2020 at 10:34

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 30th December here.

Posted in Income Tax | 1392 Views

CBIC cautions taxpayers regarding Fraudulent Calls, SMS, and Emails

31 December 2020 at 10:34

CBIC, via their official Twitter handle, has bewared the taxpayers on not falling prey to fraudulent calls, SMS or emails, and has clarified that the Indian Customs never calls or sends messages for paying duty in a personal bank account.

Posted in Income Tax | 1719 Views

Odisha becomes the 7th State to complete ease of doing business reforms; Additional borrowing permission of Rs. 1,429 crores issued

31 December 2020 at 10:19

The State has become eligible to mobilize additional financial resources of Rs. 1,429 crores through Open Market Borrowings. Permission for the same was issued by the Department of Expenditure on 30th December 2020.

Posted in Community & General | 1425 Views

New Due Dates for Income Tax Returns, Tax Audit Reports and GST Compliances

30 December 2020 at 18:52

The Finance Ministry via its press release dated 30th December 2020, has extended the due dates for Income Tax Returns, Tax Audit Reports, and GST Compliances. The extended due dates are mentioned here.

Posted in Income Tax | 11 comments | 31935 Views

Government Extends Due Date for Filing Income Tax Returns, Tax Audit Reports and GST Compliances

30 December 2020 at 18:12

In view of the COVID-19 pandemic and the large scale disruption caused as a consequence of it, the Finance Ministry has decided to extend the due dates for Income Tax Returns, Tax Audit Report, and GST Compliances. Check out the extended due dates here.

Posted in Income Tax | 35 comments | 93255 Views