Clarification on spending of CSR funds for COVID-19 vaccination
Date : 30th July 2021 Ma’am/sir(s), The Ministry vide General Circular No. 10/2020 dated 23.3.2020 clarified that spending of CSR funds for COVID-19 is an eligible CSR activity. In Continuation…
Monetary Penalties to be imposed by an Insolvency Professional Agency.
28th July, 2021 To All Registered Insolvency Professional Agencies All Registered Insolvency Professionals (By mail to registered email addresses and on website of the Board) Dear Madam /Sir, The Disciplinary…
Filing of Form CIRP 8 under the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
20th July, 2021 To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professional Agencies (By mail to registered email addresses and on website of the IBBI)…
Clarification regarding extension of limitation under GST Law in terms of Hon’ble Supreme Court’s Order dated 27.04.2021.
New Delhi, Dated the 20th July, 2021 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals/ Director Generals (All) Madam/Sir, The…
Guidelines under section 9B and sub-section (4) of section 45 of the Income-tax Act, 1961
Dated: 2nd July, 2021 Finance Act, 2021 inserted a new section 98 in the Income-tax Act 1961 (hereinafter referred to as “the Act”). This section mandates that whenever a specified…
Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013
Dated: 30th June, 2021 То The DGCOA, All Regional Directors, All Registrars of Companies, All Stakeholders. Sir/Madam, In continuation of this Ministry’s General Circular No.07/2021 dated 03.05.2021 on the captioned…
Guidelines under section 194Q of the Income-tax Act, 1961
Finance Act, 2021 inserted a new section 194Q in the Income-tax Act 1961 (hereinafter referred to as “the Act”) which takes effect from I st day of July, 202 I.…
Relaxation on levy of additional fees in filing of certain Forms under the Companies Act, 2013 and LLP Act 2008 – Extension of time.
Dated: 30th June, 2021 То The DGCOA, All Regional Directors, All Registrars of Companies, All Stakeholders. Sir(s). In continuation to this Ministry’s General Circular No. 06/2021 dated 03.05.2021 and on…
Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic
New Delhi. Dated 25th June 2021 On consideration of genuine hardship being faced by the taxpayers in making various compliances under the Income-tax Act. 1961 (hereinafter referred to as “the…
Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices
New Delhi, dated the 21st June, 2021 To The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All)The Principal Director Generals / Director Generals…