taxcess.in

May 2021

āĻ•āϰ⧋āύāĻžāϰ āĻŦāĻžāĻĄāĻŧāĻŦāĻžāĻĄāĻŧāĻ¨ā§āϤ⧇ āĻ•āϰāĻĻāĻžāϤāĻžāĻĻ⧇āϰ āϜāĻ¨ā§āϝ āĻ¸ā§āĻŦāĻ¸ā§āϤāĻŋāϰ āĻ–āĻŦāϰ, āĻāĻ•āĻžāϧāĻŋāĻ• āĻ•ā§āώ⧇āĻ¤ā§āϰ⧇ āĻŦāĻžāĻĄāĻŧāϞ āϏāĻŽā§ŸāϏ⧀āĻŽāĻž

āĻ•āϰ⧋āύāĻžāĻ­āĻžāχāϰāĻžāϏ⧇āϰ āĻŦāĻžāĻĄāĻŧāĻŦāĻžāĻĄāĻŧāĻ¨ā§āϤ⧇ ‘āĻŦāĻŋāĻŦāĻžāĻĻ āϏ⧇ āĻŦāĻŋāĻļā§āĻŦāĻžāϏ’ āĻĒā§āϰāĻ•āĻ˛ā§āĻĒ⧇ āϟāĻžāĻ•āĻž āĻĻ⧇āĻ“āϝāĻŧāĻžāϰ āĻŽā§‡āϝāĻŧāĻžāĻĻ āĻĻ⧁’āĻŽāĻžāϏ āĻŦāĻžāĻĄāĻŧāĻŋāϝāĻŧ⧇ āĻĻāĻŋāϞ āϕ⧇āĻ¨ā§āĻĻā§āϰāĨ¤ āĻĒā§āϰāĻ¤ā§āϝāĻ•ā§āώ āĻ•āϰ āϏāĻ‚āĻ•ā§āϰāĻžāĻ¨ā§āϤ āĻŦāĻŋāĻŦāĻžāĻĻ āĻŽā§‡āϟāĻžāύ⧋āϰ āĻĒā§āϰāĻ•āĻ˛ā§āĻĒ⧇āϰ āϏāĻŽāϝāĻŧāϏ⧀āĻŽāĻž āĻŦāĻžāĻĄāĻŧāĻŋāϝāĻŧ⧇ āφāĻ—āĻžāĻŽā§€ ā§Šā§Ļ āϜāύ āĻĒāĻ°ā§āϝāĻ¨ā§āϤ āĻ•āϰāĻž āĻšāϝāĻŧ⧇āϛ⧇āĨ¤ āϏ⧇āϜāĻ¨ā§āϝ āĻŦāĻžāĻĄāĻŧāϤāĻŋ āϕ⧋āύāĻ“ āϟāĻžāĻ•āĻž āĻĻāĻŋāϤ⧇ āĻšāĻŦ⧇ āύāĻžāĨ¤ āϏ⧇āχāϏāĻ™ā§āϗ⧇ āĻ•āϰ āϏāĻ‚āĻ•ā§āϰāĻžāĻ¨ā§āϤ āφāϰāĻ“ āĻ•āϝāĻŧ⧇āĻ•āϟāĻŋ āĻŦāĻŋāώāϝāĻŧ⧇āϰ āϏāĻŽāϝāĻŧāϏ⧀āĻŽāĻžāĻ“ āĻĒāĻŋāĻ›āĻŋāϝāĻŧ⧇ āĻĻāĻŋāϝāĻŧ⧇āϛ⧇ āϕ⧇āĻ¨ā§āĻĻā§āϰāĨ¤ āĻŦāĻŋāĻ­āĻŋāĻ¨ā§āύ āĻŦāĻŋāĻœā§āĻžāĻĒā§āϤāĻŋāϰ āĻŽāĻžāĻ§ā§āϝāĻŽā§‡ āφāϗ⧇ āϏ⧇āϗ⧁āϞāĻŋāϰ āϏāĻŽāϝāĻŧāϏ⧀āĻŽāĻž ā§Šā§Ļ āĻāĻĒā§āϰāĻŋāϞ āĻĒāĻ°ā§āϝāĻ¨ā§āϤ āĻ•āϰāĻž āĻšāϝāĻŧ⧇āĻ›āĻŋāϞāĨ¤ […]

āĻ•āϰ⧋āύāĻžāϰ āĻŦāĻžāĻĄāĻŧāĻŦāĻžāĻĄāĻŧāĻ¨ā§āϤ⧇ āĻ•āϰāĻĻāĻžāϤāĻžāĻĻ⧇āϰ āϜāĻ¨ā§āϝ āĻ¸ā§āĻŦāĻ¸ā§āϤāĻŋāϰ āĻ–āĻŦāϰ, āĻāĻ•āĻžāϧāĻŋāĻ• āĻ•ā§āώ⧇āĻ¤ā§āϰ⧇ āĻŦāĻžāĻĄāĻŧāϞ āϏāĻŽā§ŸāϏ⧀āĻŽāĻž Read More Âģ

āĻŽā§ƒāϤ āĻŦā§āϝāĻ•ā§āϤāĻŋāϰ āĻ†ā§ŸāĻ•āϰ⧇āϰ āϰāĻŋāϟāĻžāĻ°ā§āύ āϜāĻŽāĻž āύāĻž āĻ•āϰāϞ⧇ āϏāĻŽāĻ¸ā§āϝāĻžā§Ÿ āĻĒāĻĄāĻŧāϤ⧇ āĻĒāĻžāϰ⧇āύ āωāĻ¤ā§āϤāϰāĻžāϧāĻŋāĻ•āĻžāϰ⧀

āϕ⧋āύāĻ“ āĻŦā§āϝāĻ•ā§āϤāĻŋāϰ āĻŽā§ƒāĻ¤ā§āϝ⧁āϰ āĻĒāϰ āϤāĻžāρāϰ āϏāĻŽā§āĻĒāĻ¤ā§āϤāĻŋ āĻ›āĻžāĻĄāĻŧāĻžāĻ“ āφāϰāĻ“ āĻ…āĻ¨ā§āϝāĻžāĻ¨ā§āϝ āϜāĻŋāύāĻŋāϏ āωāĻ¤ā§āϤāϰāĻžāϧāĻŋāĻ•āĻžāϰ⧀ āĻĒāĻžāύāĨ¤ āϤāĻžāϰ āĻŽāĻ§ā§āϝ⧇ āĻāĻ•āϟāĻŋ āĻšāϞ āφāϝāĻŧāĻ•āϰ⧇āϰ āϰāĻŋāϟāĻžāĻ°ā§āύ āϜāĻŽāĻž āĻ•āϰāĻžāϰ āĻĻāĻžāϝāĻŧāĻŋāĻ¤ā§āĻŦāĨ¤ āφāϝāĻŧāĻ•āϰ āφāχāύ ⧧⧝ā§Ŧ⧝-āĻāϰ ā§§ā§Ģ⧝ āύāĻŽā§āĻŦāϰ āϏ⧇āĻ•āĻļāύ āĻ…āύ⧁āϝāĻžāϝāĻŧā§€ āϕ⧋āύāĻ“ āĻŦā§āϝāĻ•ā§āϤāĻŋāϰ āĻŽā§ƒāĻ¤ā§āϝ⧁āϰ āĻĒāϰ āϤāĻžāρāϰ āφāχāύāϤ āωāĻ¤ā§āϤāϰāĻžāϧāĻŋāĻ•āĻžāϰ⧀ āϝāĻŋāύāĻŋ, āϤāĻžāρāϕ⧇āχ āĻļ⧇āώ āφāϝāĻŧāĻ•āϰ⧇āϰ āϰāĻŋāϟāĻžāĻ°ā§āύ āϜāĻŽāĻž āĻ•āϰāϤ⧇ āĻšāĻŦ⧇āĨ¤ āĻŽā§ƒāϤ āĻŦā§āϝāĻ•ā§āϤāĻŋ āĻœā§€āĻŦāĻŋāϤ āĻ…āĻŦāĻ¸ā§āĻĨāĻžāϝāĻŧ āϝ⧇āĻ­āĻžāĻŦ⧇ āφāϝāĻŧāĻ•āϰ āϜāĻŽāĻž āĻ•āϰāϤ⧇āύ, āĻ āĻŋāĻ• āϏ⧇āχāĻ­āĻžāĻŦ⧇āχ āĻ•āϰāϤ⧇ āĻšāĻŦ⧇

āĻŽā§ƒāϤ āĻŦā§āϝāĻ•ā§āϤāĻŋāϰ āĻ†ā§ŸāĻ•āϰ⧇āϰ āϰāĻŋāϟāĻžāĻ°ā§āύ āϜāĻŽāĻž āύāĻž āĻ•āϰāϞ⧇ āϏāĻŽāĻ¸ā§āϝāĻžā§Ÿ āĻĒāĻĄāĻŧāϤ⧇ āĻĒāĻžāϰ⧇āύ āωāĻ¤ā§āϤāϰāĻžāϧāĻŋāĻ•āĻžāϰ⧀ Read More Âģ

āĻ†ā§ŸāĻ•āϰ āύ⧀āϤāĻŋ āĻ…āύ⧁āϝāĻžā§Ÿā§€ āϏāĻ°ā§āĻŦā§‹āĻšā§āϚ āĻ•āϤāϟāĻž āϏ⧋āύāĻž āϰāĻžāĻ–āϤ⧇ āĻĒāĻžāϰāĻŦ⧇āύ?

āϏ⧇āĻ¨ā§āĻŸā§āϰāĻžāϞ āĻŦā§‹āĻ°ā§āĻĄ āĻ…āĻĢ āĻĄāĻžāχāϰ⧇āĻ•ā§āϟ āĻŸā§āϝāĻžāĻ•ā§āϏ⧇āϏ-āĻāϰ āύ⧀āϤāĻŋ āĻ…āύ⧁āϝāĻžāϝāĻŧā§€ āĻāĻ•āϟāĻŋ āύāĻŋāĻ°ā§āĻĻāĻŋāĻˇā§āϟ āϏ⧀āĻŽāĻžāϰ āĻŦ⧇āĻļāĻŋ āĻŦāĻŋāϞ āĻ›āĻžāĻĄāĻŧāĻž āϏ⧋āύāĻž āϰāĻžāĻ–āĻž āϝāĻžāĻŦ⧇ āύāĻžāĨ¤ āĻ­āĻžāϰāϤ⧀āϝāĻŧāϰāĻž āϝ⧇ āϏāĻ•āϞ āĻ•ā§āώ⧇āĻ¤ā§āϰ⧇ āĻŦāĻŋāύāĻŋāϝāĻŧā§‹āĻ— āĻ•āϰ⧇āύ, āϤāĻžāϰ āĻŽāĻ§ā§āϝ⧇ āϏ⧋āύāĻž āĻ…āĻ¨ā§āϝāϤāĻŽāĨ¤ āϤāĻŦ⧇, āφāχāύ āĻ…āύ⧁āϝāĻžāϝāĻŧā§€, āĻŦāĻŋāϞ āύāĻž āĻĨāĻžāĻ•āϞ⧇ āĻāĻ•āϟāĻž āϏ⧀āĻŽāĻž āĻĒāĻ°ā§āϝāĻ¨ā§āϤāχ āϏ⧋āύāĻž āϰāĻžāĻ–āĻž āϝ⧇āϤ⧇ āĻĒāĻžāϰ⧇āĨ¤ āϏ⧇āĻ¨ā§āĻŸā§āϰāĻžāϞ āĻŦā§‹āĻ°ā§āĻĄ āĻ…āĻĢ āĻĄāĻŋāϰ⧇āĻ•ā§āϟ āĻŸā§āϝāĻžāĻ•ā§āϏ⧇āϏ⧇āϰ āύ⧀āϤāĻŋ āĻ…āύ⧁āϝāĻžāϝāĻŧā§€ āĻāĻ•āϟāĻŋ āύāĻŋāĻ°ā§āĻĻāĻŋāĻˇā§āϟ āϏ⧀āĻŽāĻžāϰ āĻŦ⧇āĻļāĻŋ āĻŦāĻŋāϞ āĻ›āĻžāĻĄāĻŧāĻž āϏ⧋āύāĻž āϰāĻžāĻ–āĻž

āĻ†ā§ŸāĻ•āϰ āύ⧀āϤāĻŋ āĻ…āύ⧁āϝāĻžā§Ÿā§€ āϏāĻ°ā§āĻŦā§‹āĻšā§āϚ āĻ•āϤāϟāĻž āϏ⧋āύāĻž āϰāĻžāĻ–āϤ⧇ āĻĒāĻžāϰāĻŦ⧇āύ? Read More Âģ

CBIC allows companies & LLP to file GSTR-1 & GSTR-3 electronic verification code (EVC) amid COVID

Central Board of Indirect Taxes [CBIC] has allowed registered person registered under the provisions of the Companies Act, 2013 (18 of 2013) [Companies & LLP]  to furnish the return under section 39 in FORM GSTR-3B and the details of outward supplies under section 37 in FORM GSTR-1 or using invoice furnishing facility, verified through electronic verification code (EVC). This option is available

CBIC allows companies & LLP to file GSTR-1 & GSTR-3 electronic verification code (EVC) amid COVID Read More Âģ

No GST can be demanded from Buyer for the fault of Seller of non-payment of taxes to the Govt

The Hon’ble Madras High Court in M/s. D. Y. Beathel Enterprises v. the State Tax Officer [W.P. (MD) Nos. 2127, 2117, 2121, 2152, 2159, 2160, 2168, 2177, 2500, 2530, 2532, 2534, 2538, 2539, 2540, 2503 & 2504 of 2021 & Ors., dated February 24, 2021] quashed the order passed by the officer levying the entire tax liability

No GST can be demanded from Buyer for the fault of Seller of non-payment of taxes to the Govt Read More Âģ

GST: Personal Hearing proceedings’ functionality released by CBIC

CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS OFFICE OF THE ADDITIONAL DIRECTOR GENERAL OFSYSTEMS AND DATA MANAGEMENT, BENGALURU DSR ADVISORY NO : 04/2021 SUB: DSR: Release of module: Personal Hearing Proceedings–Reg. Bangalore Zonal unit of Directorate of Systems and Data management is entrusted with task of development of Dispute settlement and resolution(DSR), Investigation, Audit, Mobility

GST: Personal Hearing proceedings’ functionality released by CBIC Read More Âģ

Extend dates of compliances for the month of March 2021 under GST Law

All India Federation of Tax Practitioners To, The Hon’ble Finance MinisterMinistry of Finance,Govt of India, North Block,New Delhi -110001 Hon ‘ble Madam, Sub: Representation to extend dates of compliances for the month of March, 2021 under GST Law All India Federation of Tax Practitioners, having registered office at Mumbai is an Apex Body of Tax Practitioners

Extend dates of compliances for the month of March 2021 under GST Law Read More Âģ

CBDT issues Format, Procedure & Guidelines for submission of SFT for Dividend income

DGIT(S)/ADG(S)2/Reporting Portal/2021/180 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 1 of 2021 New Delhi, 20 April, 2021 Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Dividend income Section 285BA of the Income Tax Act, 1961 and Rule 114E requires

CBDT issues Format, Procedure & Guidelines for submission of SFT for Dividend income Read More Âģ