CBIC Notification 52/2023: Amendment in Rule-28, Rule-142, Rule-159, Form GST REG-01, GST REG-08, GSTR-08, GST PCT-01, GST DRC-22

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CBIC Notification 52/2023 Dated. 26 October 2023 CBIC Notification 52/2023: The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No. 52/2023 dated.26th October 2023 makes the following rules further to amend the CGST Rules 2017. These rules …

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CBDT Circular No. 19/2023 Dt. 23 October 2023: Due Date of Filing Form 10IC Extended to 31 January 2023

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CBDT Circular No.19/2023 Dated. 23 October 2023: Due Date Extended CBDT Circular 19/2023: Many of the domestic companies had failed to file Form No. 10 IC for AY 2021-22 within due time as required under Rule 21AE of the Income …

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CBDT Circular No. 18/2023: Due Date of Filing Extended to 31 December 2023 for Form 56F

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CBDT Circular No. 18/2023- Due date extended In a move to alleviate the challenges faced by the taxpayers and other stakeholders, the Central Board of Direct Taxes (CBDT) has extended the due date for filing the Report of Accountant (Form …

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CBDT Notification No. 91/2023 Dt. 19 October 2023: New Rule 16D and New Form 56F

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CBDT Notification No. 91/2023 Dt. 19 October 2023 The Central Board of Direct Taxes (CBDT) vide its Notification No.91/2023 Dated.19th October 2023 has notified about making some further rules to amend the Income Tax Rules 1962. These Rules may be …

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DGGI’s Efforts to Combat GST Evasion: Unearthing Over Rs.1.36 Lakh Crore in FY23-24

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DGGI’s Efforts to Combat GST Evasion In its mission to combat GST evasion across India, the Directorate General of GST Intelligence (DGGI) has achieved remarkable milestones from April 2020 to September 2023. DGGI’s vigilant approach has uncovered more than 6,000 …

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GSTN Advisory Dt 17 October 2023: Registration and Return Facility for Online Money Gaming and OIDAR Services

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GSTN Advisory Dt. 17 October 2023 In light of recent amendments to the CGST/SGST Act, the IGST Act, and the CGST/SGST Rules, individuals or entities situated outside the taxable territory, providing online money gaming services to individuals within the taxable …

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CBDT Notification No. 89/2023 Dt. 16 October 2023: Amendment in Rule 37BB

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CBDT Notification No.89/2023: Introduction The Central Board of Direct Taxes (CBDT) vide its Notification No.89/2023 Dated.16th October 2023 has notified some amendments in Rule 37BB of the Income Tax Rules 1962. These Rules may be called the Income Tax (Twenty …

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CBIC Clarification on Taxability of Gangajal: Tweet in “X” on 12 October 2023

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CBIC Clarification on Taxability of Gangajal In response to controversies based on some recent media report on taxability of Gangajal, the official handle of the Central Board of Indirect Taxes (CBIC) in its tweet in social media “X” (previously tweeter) …

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Functionality for Enrolling Unregistered Persons for Supply of Goods Through ECO: GSTN Update 12.10.23

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In an update on the GST portal on 12th October 2023, GSTN has informed about development of a new functionality in the GST portal for enrolment of unregistered persons for supply of goods through E-Commerce operators. In terms of the …

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GSTN Update on Facilitating E- Commerce Operators Through Whom Unregistered Persons Can Supply Goods

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In an update in the GST portal on 12th October 2023, GSTN has informed about the development of a facility for E-Commerce Operators through whom unregistered persons can supply goods. Under this facility in the GST portal, the GSTN has …

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CBDT Notification No 88/2023 Dated10 October 2023: Amendment in Rule 114B, 114BA & 114BB

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Introduction The Central Board of Direct Taxes (CBDT) vide its Notification No.88/2023 Dated.10th October 2023 has notified some amendments in Rules 114B, 114BA and 114BB of the Income Tax Rules 1962. These Rules may be called the Income Tax (Twenty …

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CBDT Circular No17/2023: Clarity on Detailing Substantial Contributors in Form 10B & 10BB by Charitable & Religious Entities

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CBDT Circular No. 17/2023 In a recent development, the Central Board of Direct Taxes (CBDT) released Circular No.17/2023 on 9th October 2023, bringing important clarifications on compliance obligations for charitable and religious entities in respect of filing their audit report …

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Special Campaign of CBDT in Full Swing

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Special Campaign 3.0: The Central Board of Direct Taxes (CBDT) has initiated Special Campaign 3.0 dedicated to promoting cleanliness (Swachhata) within various branches of Income Tax Department throughout nation. The campaign kickstarted with a preparatory phase commencing on September 15, …

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LIC Gets Penalty Notice of Rs 84 Crore from Income Tax Department

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LIC has received Income Tax notices for three different assessment years viz., 2012-13, 2018-19 and 2019-20 with the total penalty amounting to over Rs 84.02 crore. Life Insurance Corporation (LIC) on Tuesday said that the Income Tax Department has demanded …

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Meesho Opens Up Platform to Non-GST Sellers

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E-commerce marketplace Meesho on Tuesday announced that it is set to welcome non-GST registered sellers to its platform. This will benefit a vast network of small e-commerce businesses across the country. The decision follows the government’s recent elimination of mandatory …

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Special Campaign 3.0 of CBDT begins from 2 October

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Union Minister, Dr. Jitendra Singh launched Special Campaign 3.0 for institutionalizing Swachhata and Reducing Pendency in Government with a focus on all attached/ subordinate/ field offices/ Missions/ Defence establishments and establishments/ offices in all parts of the country. Special Campaign …

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