Extension of Due Date in Rajasthan for Filing QPR for Quarter from Jul’24 to Sep’24
Registered Real Estate Projects can file their QPRs for the Quarter July 2024 to September 2024 by 15th November 2024 without payment of any delay processing charges or penalty.
Mandatory use of test report formats as per FSSAI
All FSSAI-notified food testing labs, as per sections 43(1) and 43(2) of the FSS Act, 2006, are directed to use the test report formats specified in the Food Safety and Standards (First Amendment) Rules, 2022
Annual RODTEP Return Filing Procedure
ARR is to be filed by 31st March of the next financial year on DGFT portal. Annual RODTEP Return is to be filed by exporters (IEC) whose total RODTEP claim exceeds Rs. 1 crore in a financial year across all 8 digit HS Codes.
Single Filing System for Listed Companies through API based integration between Stock Exchanges
Single filing system has been extended for disclosure of Grievance Redressal Mechanism for Exclusively Debt listed companies and disclosure of Corporate Governance Report under Regulation 27(2) of SEBI LODR for equity listed companies effective from October 26, 2024.
Guidelines for Compounding of Offences under Income Tax Act, 1961
CBDT has reviewed and issued revised guidelines for compounding of offences under Income Tax Act, 1961.
Arm’s Length Price of International Transaction or Specified Domestic Transaction
It has been notified that price at which International Transaction or Specified Domestic Transaction has been actually undertaken shall be considered as Arm’s Length Price for Section 92C if the variance between both the prices does not exceed as notified
Applicability of GST on Certain Services
Clarifications regarding applicability of GST on certain services
Understanding of “As-is” / “As-is where is basis”
Various GST circulars have used the term “As-Is” or “As-Is Where is Basis” while issuing clarifications regarding applicable GST rates and appropriate classification of specified goods or services or both.
Guidance Note on provisions of Direct Tax Vivad se Vishwas Scheme, 2024
Circular No. 12 of 2024 from the Ministry of Finance provide guidance the Direct Tax Vivad se Vishwas Scheme (DTVSV) 2024.
CBDT Amends Rules 21AA, 26B and Forms 12BAA, 16, 24Q
The Central Board of Direct Taxes (CBDT) issued Notification No. 112/2024 on October 15, 2024, amending the Income-tax Rules, 1962.
