Statutory updates

Clarification on Optional Filing of Annual Return for FY 2017-18 and 2018-19

Official title: 124/43/2019 - GST : Seeks to clarify optional filing of annual return under notification No. 47/2019-Central Tax dated 9th October, 2019.

125/44/2019 - GST : Seeks to clarify the fully electronic refund process through FORM GST RFD-01 and single disbursement.

Income-tax (14th Amendment) Rules, 2019

Official title: notification no. 98/2019 f.no.370142/30/2019 tpl / gsr 858 e amendment of income tax rules 1962 for notifying challan cum statement for the purposes of section 194m of the income tax act 1961

Insolvency and Liquidation Proceedings for Large NBFCs

Official title: Notification under section 227 of the Insolvency and Bankruptcy Code, 2016

Commencement of Provisions for Personal Guarantors to Corporate Debtors

Official title: Notification of provisions under the Insolvency and Bankruptcy Code, 2016 relating to Personal Guarantors to corporate debtors

Extend GSTR-1 Due Date for Jammu and Kashmir July-September 2019

Official title: 52/2019-Central Tax : Seeks to extend the due date for furnishing FORM GSTR-1 for registered persons in Jammu and Kashmir having aggregate turnover of up to 1.5 crore rupees for the quarter July, 2019 to September, 2019.

53/2019-Central Tax : Seeks to extend the due date for furnishing of return in FORM GSTR-1 for registered persons in Jammu and Kashmir having aggregate turnover more than 1.5 crore rupees for the months of July, 2019 to September, 2019.

54/2019-Central Tax : Seeks to extend the due date for furnishing of return in FORM GSTR-3B for registered persons in Jammu and Kashmir for the months of July, 2019 to September, 2019.