Dear Professional Colleague As we all know that we are required to learn constantly throughout our life so as to maintain our knowledge base, you must be hearing about the CPE hours required to do by member of Institute of Chartered Accountants of India so…
MINISTRY NOTIFIED NEW NORMS OF CLASSIFICATION OF MSME Key Highlights: Ministry of MSME gears up to implement the New Norms of classification of MSMEs the upper ceiling for classification of MSMEs now has been raised New definition and criterion notified; & will come into effect…
INCREASE IN VALIDITY OF MEIS/SEIS SCRIPS AND RELAXATION IN DUE DATES TO FILE APPLICATIONS Vide Public Notice no. 08/ 20152020 dated June 01, 2020, Ministry of Commerce & Industry has increased the duration of validity of scrips issued under MEIS and SEIS. Further,…
MSME NEW DEFINITION APPLICABLE W.E.F 01ST JULY, 2020 NOTIFIED BY MSMED MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMED) vide Gazette Id no. CG-DL-E-01062020-219680 and S.O. 1702(E) dated 01st June, 2020 has officially notified criteria for classification of micro, small and medium enterprises, —In exercise of…
Central Board of Direct Taxes has issued Notification No. 31/2020 dated 29th May, 2020 which may be called as Income tax (12th Amendment) Rules, 2020. Certain changes have been made in Rule 12 of the Income Tax Rule, 1962 Forms substituted ―Sahaj (ITR-1), Form ITR-2,…
Snapshot of Slogan for Filing at Homepage of E-Filing Website - New Year Filled with New Blessings Snapshot of News and Updates for Filing at Homepage of E-Filing Website Snapshot at Income Tax Return Tab - Availability of ITR Also Read Similar post on…
CIRCULARS Extension in relaxation under Customs laws w.r.t. submission of undertaking in lieu of bond due to extended period of lockdown In terms of CBIC Circular 17/2020-Customs dated April 03, 2020, relaxations were provided whereby requirement of submission of bond under Customs Act, 1962 was…
CBIC via twitter account has posted a press note on Waiver of Late Fees for period August 2017 till January 2020, this is an agenda of Next GST Council Meeting Full Text of the Press Note: 1. In the recent past tweets have been noticed…