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MCA Advisory

In view of Corona Virus threat, MCA has issued advisory to all companies and LLPs. This requires filing of a form called CAR 2020 online. In this regard please find GSAP flash news. Download
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GSAP Alert: Measures for relief to support Indian Economy’s fight against Covid-19

In view of COVID-19, the Union Finance Minister has on May 13th to 17th announced several relief measures for various sectors and relaxations in statutory and compliance matters to support Indian Economy. In this alert, we have highlighted the key announcements related to direct tax. Download

GST notifications for timelines relaxation

Government has further relaxed certain timelines in GST law (including annual return for FY 2018-19 extended till September 30, 2020). Download

GSAP Alert- Clarification by CBDT regarding lower/nil withholding tax certificate

In view of the COVID-19 outbreak, there is a severe disruption in the functioning of the Income-tax Department which is causing delay in issuing lower/nil withholding tax certificate for FY 2020-21. To mitigate hardship faced by taxpayers CBDT has issued several directions/clarifications and extended the validity of certificate issued for the FY 2019-20 up to June 30, 2020 subject to conditions. Download

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