Exemption of Specified Income for Odisha and Jharkhand RERA
The Central Government notifies the Real Estate Regulatory Authority as a class of authority under section 10 of the Income-tax Act, 1961, for specified income.
02/2020-Union Territory Tax : Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020.
04/2020-Integrated Tax : Seeks to bring into force Section 134 of Finance Act, 2020 in order to bring amendment to Section 25 of IGST Act w.e.f. 30.06.2020.
CBIC-GST·24 Jun 2020·Notification·05/2020 – Integrated Tax
Reduced Interest Rates for Integrated Tax Returns
The government reduces interest rates for registered persons who fail to furnish FORM GSTR-3B by the due date for tax periods from February 2020 to July 2020.
CBIC-GST·24 Jun 2020·Circular·Circular No.141/11/2020-GST
Clarification on COVID-19 relief measures for taxpayers regarding interest and late fee
This circular clarifies the revised interest rates and conditional late fee waivers for registered persons filing FORM GSTR-3B and FORM GSTR-1 for specific tax periods.
49/2020-Central Tax : Seeks to bring into force Sections 118, 125, 129 & 130 of Finance Act, 2020 in order to bring amendment to Sections 2, 109, 168 & 172 of CGST Act w.e.f. 30.06.2020.
50/2020-Central Tax : Seeks to make seventh amendment (2020) to CGST Rules.
CBIC-GST·24 Jun 2020·Notification·51/2020-Central Tax
Lower Interest Rates for FORM GSTR-3B Tax Periods February 2020 to July 2020
The Central Board of Indirect Taxes and Customs lowers the rate of interest for registered persons who fail to furnish returns in FORM GSTR-3B along with payment of tax for tax…
CBIC-GST·24 Jun 2020·Notification·52/2020 – Central Tax
Late Fee Waiver and Reduction for FORM GSTR-3B Returns
The Central Board of Indirect Taxes and Customs waives or lowers late fees for registered persons who delay filing FORM GSTR-3B returns for specific tax periods.
CBIC-GST·24 Jun 2020·Notification·Notification No. 53/2020 – Central Tax
Waiver of Late Fee for FORM GSTR-1 Delay
The Government waives the late fee for registered persons who delay the submission of outward supplies in FORM GSTR-1.
54/2020-Central Tax : Seeks to extend due date for furnishing FORM GSTR-3B for supply made in the month of August, 2020 for taxpayers with annual turnover up to Rs. 5 crore.
CBDT·24 Jun 2020·Notification·Notification No.35/2020
Extension of Time Limits under Income Tax Act and Related Acts
The Central Government specifies time limit extensions for completion or compliance of actions under the Taxation and Other Laws Ordinance 2020.
Guidelines on COVID-19 Short Term Health Insurance Policies
Life, general, and health insurers may offer short term health insurance policies providing coverage specific to the COVID-19 disease.
CBDT·23 Jun 2020·Notification·Notification No. 33/2020 F.No.300196/39/2018-ITA-I
Income Tax Exemption for Greater Noida Industrial Development Authority
The Central Government notifies the specified income of Greater Noida Industrial Development Authority under section 10 clause 46 of the Income-tax Act, 1961.
CBDT·23 Jun 2020·Notification·Notification No. 34/2020 / F.No.300196/53/2019-ITA-I
MERC Income Tax Exemption Notification 2021-2026
The Central Government notifies the Maharashtra Electricity Regulatory Commission for income tax exemption under section 10 clause 46 of the Income-tax Act, 1961.
CBIC-GST·19 Jun 2020·Notification·Notification No. 48 /2020 – Central Tax
CGST Sixth Amendment Rules 2020 for EVC Filing
The Central Government amends the Central Goods and Services Tax Rules, 2017.
