GST
Waiver of Late Fees for GST Annual Return
On January 23, 2025, the Central Board of Indirect Taxes and Customs (CBIC) issued a notification (No. 08/2025 – Central Tax) announcing a significant relief
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GST
Clarification in respect of ITC availed by electronic commerce operators u/s 9(5) of CGST Act.
Reference is invited to Circular No. 167/23/2021 – GST dated 17.12.2021 whichclarified that electronic commerce operators (hereinafter referred toas “ECOs”) required to pay tax under
Income Tax
CBDT sets monetary limit of the Authority in reduction / waiver of Interest Under Section 220(2) of the Income Tax Act
The Central Board of Direct Taxes (CBDT) issued Circular No. 15/2024 on 4th November 2024, specifying monetary limits for various authorities granting such relief. The
Income Tax
CBDT condones late filing of ITR to claim 80P deduction for Co operative Societies for AY 2023-24
CBDT on 30th Oct 2024 through Circular 14/2024 condones late filing of Income tax Return to claim the deduction of Section 80P for the Co
