Notification & Circulars

Clarification in respect of option under section 115BAC of the Income-tax Act, 1961

Notification No#C1/2020 13 April 2020

F. No. 370142/13/2020-TPL Government of India Ministry of Finance Department of Rcvenue Central Board of Direct Taxes New Delhi, April 13,2020 Clarification in respect of option under section IISBAC of the Income-tax Act, 1961 Section IISBAC of the Income-tax Act, 1961 (the ..

Posted in Income Tax

Sovereign Gold Bond Scheme 2020-21

Notification No#Press Release: 2019-2020/2213 13 April 2020

Press Release: 2019-2020/2213 Date : Apr 13, 2020 Sovereign Gold Bond Scheme 2020-21 Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six tranches from April 2020 to September 2020 a..

Posted in Others

Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 and rules made thereunder on account of the threat posed by Covid-19

Notification No#General Circular No 17/2020 13 April 2020

General Circular No 17/2020 F. No. 2/1/2020-CL -V Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing. Shastri Bhawan, Dr. R. P. Road. New Delhi-110001 Dated: 13th April, 2020 To All Regional Directors, All Registrar of Companies, All Stakeholders Sub..

Posted in Corporate Law

Filings under section 124 and section 125 of the Companies Act 2013 r/w IEPFA (Accounting, Audit, Transfer and Refund) Rules 2016 in view of emerging situation due to outbreak of COVID– 19

Notification No#General Circular No 16/2020 13 April 2020

Filings under section 124 and section 125 of the Companies Act 2013 r/w IEPFA (Accounting, Audit, Transfer and Refund) Rules 2016 in view of emerging situation due to outbreak of COVID– 19. Please click here for details ..

Posted in Corporate Law

Clarification regarding short deduction of TDS/TCS due to increase in rates of surcharge by Finance (No. 2) Act, 2019

Notification No#8/2020 13 April 2020

F. No. 370133/S/2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Room No. 147B-II, North Block, New Delhi Dated 131h April, 2020 Subject: Clarification regarding short deduction ofTDSITCS due to increase i..

Posted in Income Tax

Clearance of goods under India’s Trade Agreements without original Certificate of Origin.

Notification No#Circular No. 18/2020 - Customs 11 April 2020

Circular No. 18/2020 - Customs F. No. 15021/10/2020- ICD (CBEC) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs International Customs Division ***** Room No. 227A, North Block, New Delhi -110001 Dated: 11TH ..

Posted in Custom

COVID-19 related Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR)

Notification No#General Circular No. 15/2020 10 April 2020

General Circular No. 15/2020 F. No. CSR-01/4/2020-CSR-MCA Government of India Ministry of Corporate Affairs Dated: 10th April, 2020 COVID-19 related Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR) The Ministry has been receiving several references/ repre..

Posted in Corporate Law

Special Refund and Drawback Disposal Drive - Implementation of decision to expedite pending refund and drawback claims - reg.

Notification No#Instruction No. 03/2020-Customs 09 April 2020

Instruction No. 03/2020-Customs F. No. 450/119/2017-Cus-IV Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes and Customs) **** New Delhi, Dated the 9th April, 2020 To, All Principal Chief Commissioner/Chief Commissioner of Cus..

Posted in Custom

Implementation of decision to expedite pending refund claims - reg

Notification No#Instruction No. 2/1/2020-GST 09 April 2020

Instruction No. 2/1/2020-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing **** New Delhi, Dated the 9th April, 2020 To All Principal Chief Commissioners/ Chief Commissioners of Central Tax..

Posted in GST

Seeks to exempt customs duty on ventilators, personal protection equipments, covid-19 testing kits and inputs for these goods

Notification No#Notification No. 20/2020– Customs 09 April 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) Notification No. 20/2020– Customs New Delhi dated the 9th April, 2020 G.S.R. (E).- In exercise of the ..

Posted in Custom