BIG CORPORATE TAX STIMULUS: Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs


https://t.co/9VwqPVmnyJ

*EXTENSION OF LAST DATE OF FILLING MEF 2019-20*

Considering the requests of various Members of ICAI, it has been decided by Professional Development Committee to extend the last date for submission of online Multipurpose Empanelment Form for the year 2019-20 till 30th September, 2019. The last date for submission of Declaration is *30th September, 2019.*

CA. Aniket Talati, CCM

https://taxpedia.net/tax-audit-report-and-itr-due-date-extension-regularly-following-up-with-cbdt-icai-download-gist-of-icai-representations-to-cbdt/amp/?__twitter_impression=true

*Due Date Extension- Regularly following up with CBDT – says ICAI.*


*Download gist of ICAI Representations to CBDT*

Download Taxation Laws (Amendment) Ordinance 2019 giving Corporate tax stimulus as signed by President of India




https://t.co/gzXebtm5pf

CBDT issues notification for allowing additional depreciation on Motor Cars, buses, taxis as announced during Press conference



of FM https://t.co/jNizgK7uEQ

CBDT issues notification to exempt registered commission agent or trader, operating under APMC from application of section 194N (TDS)


https://t.co/Vt9or3EWGk

Edited copy of last year extension order is circulated as 15 days extension of taxaudit this year too.

Instead of 2018, changes done via pen as 2019

Do not believe

Due process will be followed for consideration of #CA #Student’s demand over #evaluation of examination papers- #ICAI


https://t.co/XDqDpaawHg

The notification of due date extension pertaining to filing of ITRs that is being circulated on social media platforms is not genuine. Taxpayers are advised not to fall prey to such false news.



https://t.co/PrEOewprQa

ICAI says FAKE Paperbook is circulated on social media of reduction in marks from 41 to 14. Advises student not to fall prey to such false news


https://t.co/utcrAKQm2j

On almost all of Finance Minister Nirmala Sitharaman's tweets over the past few days, people have been requesting her to extend the due date of Tax Audit returns.

CBDT modifies ITR preparation utility for ITR 6 just before due date


https://t.co/rNT1RXnLs9

Photo from CA Atul Modani

CBDT extends Due date for Tax Audit Report & ITR For FY 2018-19 by 1 month | Tax Updates by CA Atul Modani
https://taxpedia.net/cbdt-extends-due-date-for-tax-audit-report-for-fy-2018-19-by-1-month/

Few are inquiring about whether extension is applicable to Non audit cases of Companies also.....

Will request to wait for Order of CBDT.

But generally CBDT extension order contains reference to assessees covered under clause (a) of Explanation 2 to Section 139 which covers all cases of

(i) companies (tax audit as well as non audit), or

(ii) a person (other than a company) whose accounts are required to be audited under this Act or under any other law for the time being in force; or

(iii) a working partner of a firm whose accounts are required to be audited under this Act or under any other law for the time being in force,

CBDT EXTENDS DUE DATE WITH RIDER OF PAYMENT OF INTEREST UNDER SECTION 234A- DOWNLOAD ORDER



https://t.co/5o6c8RyCZK