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13/02/2022

Here’s everything that’s happened around Crypto policy in India just in the month of February, so far.

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01/01/2022

As the world continues to fight the pandemic, we wish for strength and good health for you and your family this new year.
HAPPY NEW YEAR ! ✨
_ Team TaxMyntra

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30/12/2021

CBDT provides one-time relaxation to verify e-filed returns; ITRs filed for AY 2020-21 can be verified by 28-02-2022. 📝

22/12/2021

CBIC Widens the scope of Section 83 of the CGST Act (Provisional Attachment of Property / Bank Account) w.e.f. January 01, 2022.

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20/12/2021

The government has slashed the Goods and Services Tax (GST) rate on Ethanol meant for blending under the Ethanol Blended Petrol (EBP) programme to 5 percent from 18 percent.

17/12/2021

In a major relief for about 1.33 lakh taxpayers, who had got notices for the reassessment of their returns from FY14 till date, Delhi High Court on Wednesday quashed 1,353 such notices issued by the Income Tax Department issued under Section 148.

12/12/2021

Madras High Court holds that benefit of Supreme Court’s suo motu order extending time limit for filing appeals or applications, on account of COVID-19, is applicable to refund applications as well.

02/12/2021

In the matter of SBI Cards & Payment Services Limited v. Union of India and others [CWP-8108-2021 (O&M) dated October 08, 2021], the Hon’ble Punjab and Haryana High Court (“Punjab and Haryana HC”) directed the Authority to refund worth Rs. 108 crores paid under the wrong head along with applicable interest because the money had lain with the Authority for the past two and a half years.

01/12/2021

The 45th GST Council has decided not to include petrol and diesel and ATF under GST until India overcomes the COVID-19 pandemic.

30/11/2021

The due date for filing of Annual Return in Form GSTR-9 and Reconciliation Statement in Form GSTR-9C for FY 2020-21 is on or before 31 December 2021.

17/11/2021

The IT Department has shared some dos and don'ts which the taxpayer must follow to have a seamless experience in the AIS utility.📝
Access your AIS through the e-filing portal www.incometax.gov.in

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13/11/2021

For comprehensive view of tax-related information, the IT department rolled out a new Annual Information Statement (AIS) on its portal that will give you an option to submit feedback as well.
The AIS captures information on almost all financial transactions done in the previous financial year.
It will show additional information related to interest, dividend, securities transactions, mutual fund transactions and foreign remittance information.

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