A new version of MCA Portal (V3) is being launched. In this process, some forms will be not be available from August 15, 2022 to August 31, 2022. Any pending SRN for these forms should be paid by 15th August.Download
BDT has reduced the time limit for verification of income-tax return ("ITR") from 120 days to 30 days for ITR filed on or after August 1, 2022. For ITR filed up to July 31, 2022, earlier time limit of 120 days would continue to apply.Download
Government has reduced the turnover threshold from INR 20 crores to INR 10 crores (in any financial year from FY 2017-18 onwards) for compulsorily e-invoicing effective from October 1, 2022.Download
CBDT issued a new functionality for ease of deductors and collectors for doing compliance under sections 206AB and 206CCA. In this News Flash we have discussed this new update. Download
Description: As a new requirement, every company paying dividend (interim or final) shall be required to furnish a statement of financial transaction (SFT) in Form 61A on or before the 31st May, immediately following the end of financial year.Download
In view of COVID-19 panademic, Indian Government has further extended due date for GST audit for FY 2018-19 from October 31st to December 31st, 2020.Download
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