The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 07/2022 dated 26th May 2022 waives the late fee under section 47 for the period from 01.05.2022 till 30.06.2022 for the delay in filing FORM GSTR-4 Return of Composition Dealer for FY 2021-22. Government of India Ministry of Finance (Department of Revenue)
KNOW YOUR ESI SCHEME The Employees’ State Insurance Scheme is an integrated measure of Social Insurance embodied in the Employees’ State Insurance Act and it is designed to accomplish the task of protecting ‘employees’ as defined in the Employees’ State Insurance Act, 1948 against the impact of incidences of sickness, maternity, disablement and death due
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 06/2022 – Central Tax [G.S.R. 355(E)] dated 17th May 2022 extends the due date for payment of GST under the QRMP scheme till 27th May 2022. NOTIFICATION New Delhi, the 17th May 2022 No. 06/2022–Central Tax G.S.R. 355(E).—In exercise of the powers
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No. 05/2022 – Central Tax [G.S.R. 354(E)] dated 17th May 2022 extends the due date of filing of GSTR-3B for the month of April 2022 till the 24th May 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
The Central Board of Direct Taxes (CBDT) vide its Circular No 10 of 2022 dated 17th May 2022 issues clarification regarding the use of functionality under section 206AB and 206ACC of the Income Tax Act, 1961. 1. Finance Act, 2021 inserted two new sections 206AB and 206CCA in the Income-tax Act 1961 (hereinafter referred to
The Central Board of Direct Taxes (CBDT) vide its Notification No 53/2022 [G.S.R. 346(E)] dated 10th May 2022 notifies the amendment in the rule with respect to having/applying for Permanent Account Number w.e.f 26th of May 2022. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 10th May 2022 G.S.R. 346(E).––In exercise of
The Central Board of Direct Taxes (CBDT) vide its Notification No 49/2022 [G.S.R. 339(E)] dated 5th May 2022 amends the rules with respect to filing of application for obtaining advance ruling under Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th May, 2022 G.S.R.
The Central Board of Direct Taxes (CBDT) vide its Notification No 48/2022 [G.S.R. 325(E)] dated 29th April, 2022 notifies the new Rule 12AC under Income Tax Rules, 1962 and Form ITR-U for filing of updated return under section 139 (8A) which was introduced by the Government in the Budget 2022. MINISTRY OF FINANCE (Department of
The Central Board of Direct Taxes (CBDT) vide its Notification No 42/2022 [G.S.R. 309(E)] dated 22nd April 2022 amends the Rule 17C of Income Tax Rules, 1962 which deals with the Forms or modes of investment or deposits by a charitable or religious trust or institution. MINISTRY OF FINANCE (Department of Revenue) [CENTRAL BOARD OF
The Central Board of Direct Taxes (CBDT) vide its Notification No 29/2022 [S.O. 1770(E)] dated 11th April 2022 notifies The Somnath Temple managed by Shree Somnath Trust having PAN AAATS9555Q. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 11th April, 2022 INCOME-TAX S.O. 1770(E).— In the exercise of
