Representations have been received by the Board that the implementation of reporting requirements under the proposed clause 30C (pertaining to General Anti-Avoidance Rules (GAAR)) and proposed clause 44 (pertaining to Goods and Services Tax (GST) compliance) of the Form No. 3CD may be deferred. It has been decided by the CBDT that reporting under the Read More
he hospitality industry has lauded the GST Council’s decision to levy goods and services tax on actual tariff charged to customers for hotel rooms instead of declared tariffs and said it will help in improving occupancies and yields. “This is a very good and progressive step,” said Sushil Gupta, chairman of Asian Hotels (West) that Read More
MCA has extended the last date for filing of Financial Statements in e-forms AOC-4, AOC-4 (CFS), AOC-4 (XBRL) and Annual Return in e-form MGT-7, upto 31 Dec. 2018 without additional fee, in respect of companies registered in the flood affected State of Kerala, as under: Relaxation of additional fees and extension of last date of Read More