Amends made in the notification No.1/2017- Central Tax (Rate), Integrated Tax (Rate) and the Union Territory Tax (Rate) shall come into force on the 1st day of March, 2020.
This knowledge alert is a weekly compilation of key amendments / notifications alongwith its implications.
Under the RoSCTL and Additional Ad-hoc Incentive schemes, the rebate will be granted by DGFT in the form of electronic duty credit scrips similar to scrips issued under MIES.
The IRP/RP/Liquidator in his role as designated CEO shall again file e-form INC-28 upon the approval of the resolution plan, initiation of liquidation proceedings or upon withdrawal of the application for CIRp based.
The provisions of the Income Tax (4th Amendment) Rules, 2020 may come into force on the 1st day of April, 2020.
This knowledge alert is a weekly compilation of key amendments / notifications alongwith its implications.
CBIC has extended the time limit for furnishing of the annual return under under section 44 of the CGST Act read with rule 80 of the CGST Rules for the FY 2017-18. Continue reading to know more…
It is clarified that in case of an Indian citizen who becomes deemed resident of India under this proposed provision, income earned outside India by him shall not be taxed in India unless it is derived from an Indian business or profession. Continue reading to know more…
This knowledge alert is a weekly compilation of key amendments / notifications alongwith its implications.
MCA has notified the Companies (Winding Up) Rules, 2020, vide Notification dt. 24 January 2020, comprising of Rules 1 to 191 and Forms WIN 1 to WIN 95, applicable for winding up under the Companies Act 2013. The same rule will be effective from 1st April, 2020.
