Notification & Circulars

Notification under proviso to section 9A(3) of the Income-tax Act, 1961

Notification No#41/2020 30 June 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 30th June, 2020 (INCOME–TAX) S.O. 2148(E).—In exercise of the powers conferred by the proviso to sub-section (3) of section 9A of the Income-tax Act, 1961(43 of 196..

Posted in Income Tax

Income-tax (15th Amendment) Rules, 2020

Notification No#42/2020 30 June 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 30th June, 2020 G.S.R. 423(E).—In exercise of the powers conferred by section 50CA read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Dire..

Posted in Income Tax

Guidelines for Portfolio Managers - Extension of implementation timeline

Notification No#SEBI/HO/IMD/DF1/CIR/P/2020/111 29 June 2020

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/DF1/CIR/P/2020/111 June 29, 2020 All Portfolio Managers Sir / Madam Subject: ‘Guidelines for Portfolio Managers’ – Extension of implementation timeline 1. In light of market events due to CoV..

Posted in Investments & Personal Finance

Corrigendum to Notification No 35/2020 regarding extension of time limits under the Income-tax Act, 1961 and related Acts

Notification No#Notification No 39 /2020 29 June 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 29th June, 2020 TAXATION AND OTHER LAWS S.O. 2126(E).—In the notification of the Government of India, Ministry of Finance, (Department of Revenue) (Central Board of Direct ..

Posted in Income Tax

COMPANIES (Removal of Names of Companies from the Register of Companies) Amendment Rules 2020

Notification No#29.6.2020 29 June 2020

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 29th June, 2020 G.S.R. 420(E).- In exercise of the powers conferred by sub-sections (1), (2) and Sub-section (4) of section 248 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes t..

Posted in Corporate Law

Income-tax (14th Amendment) Rules, 2020

Notification No#40/2020 29 June 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 29th June, 2020 G.S.R. 421(E).— In exercise of the powers conferred by clause (XI) of the proviso to clause (x) of subsection (2) of section 56 read with section 295 of th..

Posted in Income Tax

Further extend period to pass order under Section 54(7) of CGST Act till 31.08.2020 or in some cases upto fifteen days thereafter

Notification No#Notification No. 56/2020-Central Tax 27 June 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 56/2020-Central Tax New Delhi, the 27th June, 2020 G.S.R. 417(E).- In exercise of the powers conferred by section 168A of the Central Goods and Services Tax Act, 2017 (12 of 201..

Posted in GST

To extend due date of compliance which falls during the period from "20.03.2020 to 30.08.2020" till 31.08.2020

Notification No#Notification No. 55/2020 – Central Tax 27 June 2020

[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. 55/2020 – Central Tax New Delhi, the 27th June, 202..

Posted in GST | 1 comments

Income-tax (13th Amendment) Rules, 2020

Notification No#Notification No 38/2020 26 June 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 26th June, 2020 INCOME-TAX G.S.R. 415(E).—In exercise of the powers conferred by sub-section (2) of section 115BAC read with section 295 of the Income-tax Act, 1961 (43..

Posted in Income Tax

Floating Rate Savings Bonds 2020 (Taxable)

Notification No#RBI/2019-2020/261 26 June 2020

RBI/2019-2020/261 IDMD.CDD.No.3145/13.01.299/2019-20 June 26, 2020 The Chairman & Managing Director State Bank of India & 11 Nationalised Banks Axis Bank Ltd., ICICI Bank Ltd., HDFC Bank Ltd., IDBI Bank Ltd. Dear Sir/Madam, Floating Rate Savings Bonds 2020 (Taxable) Govern..

Posted in Community & General