CBDT·10 Aug 2021·Notification·Notification No. 91/2021/F.No. 370142/33/2021-TPL
Establishment of Interim Boards for Settlement
The Central Government establishes seven Interim Boards for Settlement under the Income-tax Act, 1961.
CBDT·10 Aug 2021·Notification·Notification No. 92/2021 / F. No. 370142/21/2021-TPL (Part)
Income Tax (23rd Amendment) Rules, 2021
Assessee companies receive tax relief under section 115JB for past income included in book profit due to advance pricing agreements or secondary adjustments.
Guidelines on Corporate Governance and Disclosure Requirements for a Finance Company
IFSCA·09 Aug 2021·Circular·F. No 172/ IFSCA/Finance Company Regulations/2021-22/08
Clarification on Finance Company Regulations for IFSC Entities
An entity with a certificate of registration or authorisation under an IFSCA framework or regulation does not need a fresh registration under the Finance Company Regulations for…
Income Tax 22nd Amendment Rules 2021 for Specified Funds
The Central Board of Direct Taxes amends the Income-tax Rules, 1962, to add rules for computing exempt income and determining concessional taxation for specified funds.
Guidelines on Insurance Claims of victims of Floods (July 2021) in the cala
CBDT·04 Aug 2021·Notification·Notification No. 85/2021
Tax Exemption for National Council of Science Museums
The Central Government notifies the National Council of Science Museums, Kolkata for specified income tax exemption under section 10 clause (46) of the Income-tax Act, 1961.
CBDT·04 Aug 2021·Notification·Notification No. 86/2021 F. No. 300196/11/2020-ITA-I
Income Tax Exemption for Real Estate Regulatory Authority Himachal Pradesh
The Central Government notifies the Real Estate Regulatory Authority, Himachal Pradesh, Shimla as a class of authority under section 10 clause 46 of the Income-tax Act, 1961.
Designation of Special Court for Meghalaya under Income-tax Act and Black Money Act
The Central Government designates the court of the senior most Judicial Magistrate First Class of East Khasi Hills District, Shillong as the Special Court for the State of…
Designation of Special Court for Telangana under Income-tax Act and Black Money Act
The Central Government designates a specific court as the Special Court for the State of Telangana.
IRDAI·04 Aug 2021·Circular·IRDA/ACT/CIR/SLM/217/08/2021
Solvency Margin for Crop Insurance Business
The Insurance Regulatory and Development Authority of India revises solvency margin rules for crop insurance business for the financial year 2021-2022.
CBDT·03 Aug 2021·Notification·Notification No. 84/2021
Specify 2726247 Ontario Inc. as Specified Person for Section 10(23FE)
The Central Government specifies the pension fund 2726247 Ontario Inc. as the specified person for section 10 clause 23FE of the Income-tax Act.
29/2021-Central Tax : Seeks to notify section 110 and 111 of the Finance Act, 2021 w.e.f. 01.08.2021.
CBIC-GST·30 Jul 2021·Notification·Notification No. 30/2021 – Central Tax
Central Goods and Services Tax Sixth Amendment Rules 2021
The Government amends the Central Goods and Services Tax Rules, 2017 to update annual return provisions and notify FORM GSTR-9 and FORM GSTR-9C for the financial year 2020-21.
CBIC-GST·30 Jul 2021·Notification·Notification No. 31/2021 – Central Tax
Exemption from Furnishing Annual Return for FY 2020-21 for Taxpayers with Turnover up to Rs. 2 Crores
The Central Board of Indirect Taxes and Customs exempts registered persons with an aggregate turnover up to two crore rupees in the financial year 2020-21 from filing the annual…
Accounting Standard to be followed by IBUs for Regulatory Reporting
International Financial Services Centres Authority directs all IFSC Banking Units to follow the International Financial Reporting Standards for standalone financial statements and…
