Statutory updates

04/2021-Central Tax : Seeks to extend the time limit for furnishing of the annual return specified under section 44 of CGST Act, 2017 for the financial year 2019-20 till 31.03.2021.

Extension of Time Limits for Income-tax and Benami Property Actions

Official title: notification no. 10/2021 f.no.370142/35/2020 tpl / s.o. 966 e

Consumer Price Index for Industrial Workers - January 2021

Official title: Consumer Price Index for Industrial Workers (2016 equal 100) - January, 2021 depicts downward trend

Extension of Dates under Direct Tax Vivad se Vishwas Act 2020

Official title: notification no. 09/2021 f.no. it a /01/2020 tpl / so 964 e amendment of notification no. 85 of 2020 for extension of date in direct tax vivad se vishwas act 2020

Prudent Management of Financial Resources of Insurers: Dividend and Solvency

Official title: Prudent management of financial resources of insurers in the context of Cov, Feb 2021

Framework for Recognition of a Custodian of Assets or Securities

Official title: Framework for Recognition of a Custodian of Assets/Securities

Exemption from Aadhaar Authentication for Specified Persons

Official title: 03/2021-Central Tax : Seeks to notify persons to whom provisions of sub-section (6B) or sub-section (6C) of section 25 of CGST Act will not apply.

Clarification on Dynamic QR Code for B2C Invoices

Official title: 146/02/2021-GST : Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020- Central Tax dated 21st March, 2020 - Reg.