Notification & Circulars

Income-tax (8th Amendment) Rules, 2020

Notification No# Notification 23/2020 [F. No.370142/31/2019-TPL] / GSR 282(E) 06 May 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 6th May, 2020 INCOME-TAX G.S.R. 282(E).—In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes her..

Posted in Income Tax

Clarification on holding of annual general meeting (AGM) through video conferencing (VC) or other audio visual means (OAVM)

Notification No#General Circular No. 20/2020 05 May 2020

General Circular No. 20/2020 F.No. 2/4/2020-CL-V Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R. R Road, New Delhi-110001 Dated: 5th May, 2020 To All Regional Directors, All Registrar of Companies All Sta..

Posted in Corporate Law

Seeks to extend the validity of e-way bills till 31.05.2020 for those e-way bills which expire during the period from 20.03.2020 to 15.04.2020 and generated till 24.03.2020

Notification No#Notification No. 40/2020 – Central Tax 05 May 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. 40/2020 – Central Tax New Delhi, the 5th May, 2020 ..

Posted in GST

Seeks to extend the due date for furnishing FORM GSTR-3B, Jan-March, 2020 returns for the taxpayers registered in Ladakh

Notification No#Notification No. 42/2020 – Central Tax 05 May 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. 42/2020 – Central Tax New Delhi, the 5th May, 2020 ..

Posted in GST

Seeks to make amendments to special procedure for corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016

Notification No#Notification No. 39/2020 – Central Tax 05 May 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. 39/2020 – Central Tax New Delhi, the 5th May, 2020 ..

Posted in GST

Seeks to make fifth amendment (2020) to CGST Rules

Notification No#Notification No. 38/2020 – Central Tax 05 May 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. 38/2020 – Central Tax New Delhi, the 5th May, 2020 ..

Posted in GST

Seeks to extend the due date for furnishing of FORM GSTR 9/9C for FY 2018-19 till 30th September, 2020

Notification No#Notification No. 41/2020 – Central Tax 05 May 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. 41/2020 – Central Tax New Delhi, the 5th May, 2020 ..

Posted in GST

Discussion Paper Business Combinations-Disclosures, Goodwill and Impairment issued by the IASB for comments

Notification No#Dated : 30.4.20 30 April 2020

Mergers and acquisitions-referred to as ‘business combinations’ in IFRS Standards- are often large transactions for the companies involved. These transactions play a central role in the global economy. IFRS 3 Business Combinations sets out the accounting requir..

Posted in Students

Extension of the last date of filing of Form NFRA-2

Notification No#General Circular No. 19/2020 30 April 2020

General Circular No. 19/2020 F. No 7/39/2019-CL-I Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R. P Road, New Delhi-110001 Dated 30th April 2020 To All RDs, All RoC, The Stakeholders Subject: Extension o..

Posted in Corporate Law

SEBI eases the Know Your Client (KYC) Process by enabling online KYC, use of Technology/ App by the registered intermediary

Notification No#PR No.: 25/2020 29 April 2020

Securities and Exchange Board of India Apr 29, 2020 PR No.: 25/2020 SEBI eases the Know Your Client (KYC) Process by enabling online KYC, use of Technology/ App by the registered intermediary SEBI has from time to time, taken steps to simplify the process of KYC for investor..

Posted in Shares & Stock