CBDT has issued Circular no. 16/2020 on 30th August, 2020 advising banks to immediately refund the charges collected, if any, on or after 1st January, 2020 on transactions carried out using the electronic modes prescribed under section 269SU of the Income-tax Act,1961.

Banks are also advised not to impose any charges on any future transactions carried through these prescribed modes.

RELIEF FOR #GST TAXPAYERS IN OFFING:
Sources tell me, Noting #COVID19 hardships, GST Implementation Comm considering to extend #GSTR9 & #GSTR9C (FY18-19) deadline, from 30 Sept to 31st Oct.
A FORMAL DECISION IS YET TO BE MADE BY GOVT
@CNBCTV18News @CNBCTV18Live @ShereenBhan


https://twitter.com/TimsyJaipuria/status/1309388246099677185?s=19

Photo from CA Atul Modani

Emailing 222194.pdf

CBDT revises Tax Audit Report form 3CD & ITR -6

Members can earn 15 Structured CPE hours upto 31st Oct 2020 through a gamut of Free Self-Paced courses offered at ICAI Digital Learning Hub. Come Learn, Explore & Collaborate through ever growing no. of courses listed at different Subject Oriented Hubs.



https://t.co/kFPx6vDuH6

Multipurpose Empanelment Form for the year 2020-21 is live at https://t.co/vBD3DMvr1k with the last date as on 12th October, 2020 *the same is extended to 23rd October, 2020.* Also, there is no requirement for submitting the Financial Statements for 44ADA assesses

Extension of due dates for GST Annual Return and Reconciliation Statement for 2018-19 ⁦ upto 31st December 2020

Extension of due date of furnishing of Income Tax Returns and Audit Reports by CBDT


https://pib.gov.in/PressReleseDetailm.aspx?PRID=1667281

*SUMMARY OF DATE EXTENDED TODAY*


GST ANNUAL RETURN & AUDIT : 31-12-2020

ITRs (Tax Audit Cases) : 31-01-2021

ITRs (Other than tax audit) : 31-12-2020

Tax Audit Reports : 31-12-2020

ITRs ( Transfer Pricing) : 31-01-2021

UDIN One-time condonation scheme, to regularize the non-generation of UDIN,

Members will be allowed to generate earlier missed UDINs for documents signed between 1-2-2019 to 31-12-2020.

The scheme will be made available from 1st January 2021 till 31st January, 2021. #ICAI

*Summary of Due Date Extension*

1. Individual ITRs: 10th Jan, 2021

2. Tax Audit Reports : 15th Jan, 2021

3. Income Tax Returns Audit Cases: 15th Feb, 2021

4. VVS Scheme: 31st Jan, 2021
5. GSTR-9/9C 2019-20: 28th Feb, 2021

There is no extension for GSTR 9/9C for 18-19

MCA has further extended the dates for conducting Board meetings through Video Conference (VC) / Other Audio-Visual Means (OAVM), for approving financial statements and other restricted agenda items, from *31st December 2020 to 30th June 2021.*

*_Amendment in Companies (Meetings of Board and its Powers) Rules, 2014._*

MCA Circular: http://www.mca.gov.in/Ministry/pdf/FourthAmdtRules_30122020.pdf

No further extensions are granted for MCA CFSS 2020 and LLP Amnesty Scheme 2020.
Clarified by Ministry of Corporate Affairs.
#CorporateAffairs

Wish you all a Very Happy New Year 2021 and Prosperous New Decade

🎉🎉💐💐