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  • CBDT issued a circular on Order under section 119 of the Income-tax Act, 1961 dated 25.3.2021.

CBDT issued a circular on Order under section 119 of the Income-tax Act, 1961 dated 25.3.2021.

New Delhi, dated 25th March, 2021 Order under section 119 of the Income-tax Act, 1961 Section 44AB of the Income-tax Act, 1961 (‘the Act’) read with rule 6G of theIncome-tax…

CBDT issued a circular on Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 dated 23.3.2021.

Dated: 23rd March, 2021 Sub.: Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 – reg. 1. With the objective to inter alia reduce pending income tax…

IBBI ,Circular , 2021 – Reporting of status of ongoing corporate insolvency resolution processes (CIRPs) through Form CIRP 7

18th March, 2021 ToAll Registered Insolvency ProfessionalsAll Recognised Insolvency Professional EntitiesAll Registered Insolvency Professional Agencies(By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir,…

Circular on GST Refunds in respect of Deemed Exports

New Delhi, Dated the 12th March, 2021 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/Commissioners of Central Tax (All)The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Clarification on…

IBBI – Filing of list of stakeholders under clause (d) of sub-regulation (5) of regulation 31 of the IBBI (Liquidation Process) Regulations, 2016

04th March, 2021 ToAll Registered Insolvency ProfessionalsAll Recognised Insolvency Professional EntitiesAll Registered Insolvency Professional Agencies(By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir,…

Central Board of Direct Taxes – Circular under section 10 of the Direct Tax Vivad se Vishwas Act, 2020

New Delhi, 4th March, 2021 Circular under section 10 of the Direct Tax Vivad se Vishwas Act, 2020 1. The Direct Tax Vivad se Vishwas Act, 2020 (” Vivad se…

CBIC – Standard Operating Procedure (SOP) for implementation of the provision of suspension of registrations under sub-rule (2A) of rule 21A of CGST Rules, 2017

New Delhi, dated the 11th February, 2021 To, The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners /Commissioners of Central Tax (All) Madam/Sir, Subject: Standard Operating Procedure (SOP) for…

Central Board of Direct Taxes – Residential status of certain individuals under Income-tax Act, 1961

New Delhi, 3rd March, 2021 Residential status of certain individuals under Income-tax Act, 1961 1. Section 6 ofthe Income-tax Act, 1961 (the Act) contains provisions relating to determination of residency…

CBIC – Clarification in respect of applicability of Dynamic Quick Response (QR)

New Delhi, dated the 23rd February, 2021 To The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners /Commissioners of Central Tax (All) The Principal Directors General / Directors General…

RBI, 2021, Circular NO.11, Remittances to International Financial Services Centres (IFSCs) in India under the Liberalised Remittance Scheme (LRS)

February 16, 2021 ToAll Category-I Authorised Dealer Banks Madam / Sir Remittances to International Financial Services Centres (IFSCs) in India under the Liberalised Remittance Scheme (LRS) 1. Please refer to…