CBDT notifies income tax return (ITR) Forms 1-7 for AY2020-21.
The Central Board of Direct Taxes vide its notification dated 29th May 2020 has notified the new income tax return forms and manner of furnishing return of Income for the Assessment Year 2020-21. Through Income-tax (12th Amendment) Rules, 2020 Form ―Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7, […]
Sebi extends the power of attorney norms implementation date to 1st August 2020.
The Securities and Exchange Board of India vide its Notification dated 29th May 2020 has decided to extend the date of implementation of norms pertaining to power of attorney given by clients to trading members or clearing members. SEBI in its earlier circular dated 25th February 2020 has specified guidelines with regard to Margin obligations […]
The government of Tamil Nadu extends lockdown till 30th June 2020 with more relaxations.
IT and private institutions will be allowed to function with 100% workforce, except in Chennai, However, work from home option is to be encouraged for 20% staff.
Ministry of coal published the Coal Mines (Special Provisions) Amendment Rules, 2020.
The Ministry of Coal vide its gazette notification dated 29th May 2020 has published the Coal Mines (Special Provisions) Amendment Rules, 2020 to further amend the Coal Mines (Special Provisions) Rule, 2014. The amended provisions clearly provide that companies which do not possess any prior coal mining experience in India or have mining experience in […]
MHA issues guidelines on extension of lockdown in containment zones and phased reopening.
The lock down shall continue to be implemented strictly in the containment zones. These will be demarcated by the state and UT governments, after taking into consideration the guidelines issued by the Health Ministry.
CBIC has issued clarification on measures to facilitate the trade during the lockdown, by further extending the facility of accepting undertaking in lieu of bond till June 15, 2020.
The Central Board of Indirect Taxes and Customs vide its notification dated 29th May 2020 has extended the facility given to businesses to import and export goods without furnishing bonds to the Customs authorities till 15th June 2020. CBIC in its earlier circular dated 11th May 2020 had extended similar relaxation till 30th May. However, with […]
