CBDT prescribes Cost Inflation Index for FY 2019-20



https://t.co/YXZaqK2emS

CBDT modifies ITR 2 and ITR 3 IT Return preparation Utility, changes ITR 6 Schema


https://t.co/t1DGP39fHC

Tax Audit Due Date Extension

Direct Taxation Committee of the ICAI has decided to represent for extension. Representation will be submitted on Monday.

CA Chandrashekhar Chitale CCM

For information

https://www.icai.org/new_post.html?post_id=15755

FAQs on SSP Portal of ICAI

*Tax Audit Update *
Today ICAI submitted representation for extension of due date till 30 November 2019.
I am optimistic for positive decision. However, top authority is abroad. Issue is timing of decision - now or last week!

Please keep on tempo of audits on. It will help you, in any case.

*CA Chandrashekhar Chitale CCM *

Please spare your 5 minutes , participate in ICAI’s Survey on GST Implementation in India


https://t.co/JGiPuzmFJY

*UDIN Time Limit*
Today Council has decided to allow 30 days time from the date of issuance. This time limit is till 31 December 2019. Thereafter time limit will be 15 days.
Scheme for cases of default is under consideration.
*CA Chandrashekhar Chitale CCM*

https://taxpedia.net/icai-announcement-extension-of-time-limit-of-udin-generation-from-15-days-to-30-days-one-time-relaxation/amp/?__twitter_impression=true


*One Time Relaxation for Certificate / Report / Document signed between 20th August, 2019 to 31st December, 2019.*

With condition of UDIN so generated has to be communicated to “Management” or “Those Charged with Governance” for disseminating it to the stakeholders from their end.

ICAI Extends last date of Payment of Membership Fees , waives off condonation fees for delay of all online application forms / documents of members and students


https://t.co/aoDUM35PHt

BIG CORPORATE TAX STIMULUS: Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs


https://t.co/9VwqPVmnyJ

*EXTENSION OF LAST DATE OF FILLING MEF 2019-20*

Considering the requests of various Members of ICAI, it has been decided by Professional Development Committee to extend the last date for submission of online Multipurpose Empanelment Form for the year 2019-20 till 30th September, 2019. The last date for submission of Declaration is *30th September, 2019.*

CA. Aniket Talati, CCM

https://taxpedia.net/tax-audit-report-and-itr-due-date-extension-regularly-following-up-with-cbdt-icai-download-gist-of-icai-representations-to-cbdt/amp/?__twitter_impression=true

*Due Date Extension- Regularly following up with CBDT – says ICAI.*


*Download gist of ICAI Representations to CBDT*

Download Taxation Laws (Amendment) Ordinance 2019 giving Corporate tax stimulus as signed by President of India




https://t.co/gzXebtm5pf

CBDT issues notification for allowing additional depreciation on Motor Cars, buses, taxis as announced during Press conference



of FM https://t.co/jNizgK7uEQ

CBDT issues notification to exempt registered commission agent or trader, operating under APMC from application of section 194N (TDS)


https://t.co/Vt9or3EWGk