CAclubindia News

GSTR-1 and GSTR-6 due date extended to 20th Sep in J&K and 58 flood affected districts

02 September 2019 at 12:07

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 41/2019 - Central Tax Ne

Posted in GST | 3 comments | 10587 Views

Declare details of outward supplies with reverse charge in GST ANX-1

02 September 2019 at 12:07

Features of GST ANX-1 - 'Taxpayer can declare details for outward supplies, imports & inward supplies with reverse charges'New Return Offline Tool (Beta)The New Return Offline Tool can be used to : Prepare ANX-1 Take Action in ANX-2 Match

Posted in GST | 2 comments | 5634 Views

GST revenue collection slips below 1 lac crore as economy slows down

02 September 2019 at 12:06

GST Revenue collection for August, 2019 Rs 98,202 crore of total gross GST revenue collected in August

Posted in GST | 3024 Views

More than 49 lac ITR filed smoothly in one day on 31st August

02 September 2019 at 12:06

Income Tax department made history with a quantum jump in the e-filing of Income- Tax Returns With an All time high record of 49 lakh 29 thousand and 121 ITRs filed in a single day on 31st August 2019.

Posted in Income Tax | 4 comments | 6294 Views

Requirement to furnish declaration in Form ITC-04 waived

31 August 2019 at 18:04

Notification 38/2019-CT dated 31.08.2019 issued waiving requirement to furnish declaration in FORM ITC-04 for the period July, 2017-March 2018 and FY 2018-19.

Posted in GST | 1 comments | 6741 Views

The Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 going to be operational from 01.09.2019

31 August 2019 at 11:54

SABKA VISHWAS (LEGACY DISPUTE RESOLUTION) SCHEME, 2019

Posted in Others | 1 comments | 3258 Views

Concerns submitted to FM regarding definition of Accountant in IT Act : ICAI President

31 August 2019 at 11:54

The state of the national economy is of special interest to the Chartered Accountant. The fortunes of his clients are closely connected with the level of economic activity.

Posted in Professional Resource | 1 comments | 2361 Views

Merger of the big PSU banks into a mega bank

31 August 2019 at 11:54

Quick Follow-up on Measures Announced on 23.8.19

Posted in Others | 2118 Views

CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups

31 August 2019 at 11:53

In order to redress grievances and address various tax related issues in the cases of Start-ups, a Start-up Cell has been constituted by CBDT on 30.08.2019

Posted in Income Tax | 4167 Views

CBDT clarifies sec 194N on cash withdrawal to come into effect from 1st Sep 2019

31 August 2019 at 10:52

In order to discourage cash transactions and move towards less cash economy, the Finance (No. 2) Act, 2019 has inserted a new section 194N in the Income-tax Act,1961 (the ‘Act’), to provide for levy of tax deduction at source (TDS) @2% on

Posted in Income Tax | 9837 Views