The Central Board of Direct Taxes (CBDT), Directorate of Income Tax (Systems) vide its Notification No 01 of 2022 dated 09th June 2022 releases the functionality to facilitate the deductor /collector to verify “Specified Person” under section 206AB and 206CCA of the Income Tax Act 1961. Section 206AB and 206CCA of the Income-tax Act1961 (effective
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 08/2022 – Central Tax dated 07th June 2022 waives off the interest for specified electronic commerce operators for late filing of GSTR-8 for the specified period. Central Board of Indirect Taxes and Customs Notification No. 08/2022 –Central Tax New Delhi, the 07th
The Central Board of Direct Taxes (CBDT) vide its Notification No 59/2022 [S.O. 2602(E)] dated 06th June 2022 amends the conditions for eligible investment fund under section 9A (8A) of the Income Tax Act 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 6th June 2022 S.O. 2602(E).—In
Question: 1 What is the purpose of the Foreign Contribution (Regulation) Act, 2010 (FCRA)? Answer: FCRA has been enacted by the Parliament to consolidate the law to regulate the acceptance and utilization of foreign contribution or foreign hospitality by certain individuals or associations or companies and to prohibit acceptance and utilization of foreign contribution or
The Maharashtra Authority of Advance Ruling (AAR) consisting of Rajib Magoo and T.R. Ramnani has ruled that GST is not payable on fees collected towards training in respect of football, basketball, athletics, cricket, swimming, karate, and dance. The association, M/s Navi Mumbai Sports Association, has constructed an international sports complex on land allotted by M/s
- 05/06/2025in Uncategorized
Compliance Calendar for June 2025
... - 22/04/2024in Uncategorized...
