The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 15/2021 – Integrated Tax (Rate) [G.S.R. 808(E)] dated 18th November 2021 further amends the Notification No 8/2017 – Integrated Tax (Rate) dated 28th June 2017. NOTIFICATION New Delhi, the 18th November, 2021 No. 15/2021- Integrated Tax (Rate) G.S.R. 808(E).—In exercise of the
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 15/2021 – Central Rate (Tax) [G.S.R. 807(E)] dated 18th November 2021 further amends the Notification No 11/2021 – Central Rate (Tax) dated 28th June 2017. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 18th November, 2021 No. 15/2021- Central Tax
The Central Board of Indirect Taxes and Customs (CBIC) vide its Circular No 166/22/2021 – GST dated 17th November 2021 issues clarification on certain refund related issues. Circular No. 166/22/2021-GSTF.No. CBIC-20021/4/2021-GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing****New Delhi, Dated the 17th Nov, 2021 To,The Principal Chief Commissioners/Chief
The Institute of Chartered Accountants of India (ICAI) vide its Important Announcement dated 10th November 2021 releases the date of computer based Advance IT test to be held on 25th November 2021. The Institute of Chartered Accountants of India [Set up by an Act of Parliament] Post Box No.7112, ‘ICAI BHAWAN’, Indraprastha Marg New Delhi
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 65/2021 – Customs (ADD) [G.S.R. 789(E)] dated 11th November 2021 rescinds the Notification No 34/2016 – Customs (ADD) dated 14th July 2016. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 11th November, 2021 No. 65/2021-Customs (ADD) G.S.R. 789(E).—In exercise of
Residential Status under Income Tax Act, 1961:- Section 6 of the Income Tax Act, 1961 deals with the residential status of the assesse. Why the determination of residential status is mandatory:- By determining residential status of any person we conclude that whether a person is a resident of India or a non-resident of India. If
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 90/2021 – Customs (N.T.) dated 03rd November 2021 notifies the exchange rates for the purpose of calculation of Customs and related duties. GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS*****Notification No.90 /2021 – Customs (N.T.)New Delhi, dated
The Central Board of Direct Taxes (CBDT) vide its Press Release dated 01st November 2021 rolls out the new Annual Information Statement (AIS). Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 1st November, 2021 PRESS RELEASE Roll out of the new Annual Information Statement (AIS) Income Tax
The Central Board of Direct Taxes (CBDT) vide its Notification No 129/2021 [S.O. 4584(E)] dated 01st November 2021 notifies the e-Settlement Scheme 2021 to settle the pending applications in respect of which the applicant has not exercised the option under sub-section (1) of section 245M of the Act and which has been allotted or transferred
On a review and taking into account feedback received from Indian Banks’ Association (IBA) and other stakeholders, it has been decided that banks may open current accounts for borrowers who have availed credit facilities in the form of cash credit (CC)/ overdraft (OD) from the banking system as per the provisions below: (i) For borrowers,