Tag: Interest and Penalty
CBDT prescribes procedure for handling of assessment/ penalties by Jurisdictional Assessing Officers in cases transferred out of Faceless Assessment/ Faceless Penalty proceedings under the Income-tax Act, 1961. Also CBDT …
GST Council, in its 40th Meeting held on 12/06/2020 has recommended to reduce/ waive the interest/ late fee for delayed filing of GSTR 3B by small taxpayers (having turnover …
EPFO has provided relief to employers from levy of penal damages for any delay in deposit of PF contribution(s)/ administrative charges due for the period during Lockdown (COVID-19). No …
CBIC notifies to waive the late filing fee in respect of GSTR 1 & 6 (July 2019) provided the same is filed upto 20/09/2019, in the case of taxpayers …
GSTR-4 was required to be filed by Composition dealers on a quarterly basis upto FY 2018-29. Later the periodicity of GSTR-4 has been reset, to be filed on Annual …
In line with recommendations of the GST Council, CBEC notifies Reduction of Late Fee for Delayed filing of FORM GSTR-1, GSTR-5, GSTR-5A* and GSTR-6, i.e. Late fee in such …
CBEC notifies revised/ reduced late fee for delayed filing of GSTR-3B, as recommended by the GST Council. Now the taxpayers shall pay reduced late fee of Rs. 50 per …
The CBDT has clarified about the conflicting interpretations regarding the date of commencement of limitation for imposition of penalty under S.271D & 271E. a) Departmental View of CBDT on …
