Articles by CS Lalit Rajput

Income Tax (CBDT) Due Date Extended beyond June, 2021

CS Lalit Rajput 26 June 2021 at 09:58

Government grants further extension in timelines of 18 compliances. Also announces tax exemption for expenditure on COVID-19 treatment and ex-gratia received on death due to COVID-19.

CA Amendment Regulations 2021: Key Highlights

CS Lalit Rajput 25 June 2021 at 11:12

The Institute of Chartered Accountants of India has announced the CA Amendment Regulations 2021. Industrial Training Provisions have been amended under the new regulations.

MSME Relaxation: Extension of Validity of UAMs till 31st Dec 2021

CS Lalit Rajput 18 June 2021 at 09:47

This will help EM Part-II and UAMs certificate holders to avail benefits of the provisions under various existing schemes and incentives including Priority Sector Lending benefits of MSME.

44th GST Council Meeting highlights dated 12th June 2021

CS Lalit Rajput 12 June 2021 at 17:46

The 44th GST Council met on 12th June 2021 to reduce the GST rates on the specified items being used in Covid-19 relief and management like hand sanitisers, face masks, gloves, PPE Kits, temperature scanners etc.

Amendments in MCA E-Form Agile Pro

CS Lalit Rajput 08 June 2021 at 11:51

MCA via a notification dated 07th June 2021 has notified the Companies (Incorporation) 4th Amendment Rules 2021 wherein a new form Agile Pro - S has been released.

Corporate Compliance Calendar for the m/o June, 2021

CS Lalit Rajput 02 June 2021 at 16:50

Discussing Compliance Requirements that lie in the month of June 2021 under various statutory laws including Income Tax, GST, FEMA, RBI, and Companies Act etc. ..

GST Amnesty Scheme 2021 & Late Fee Relaxations

CS Lalit Rajput 01 June 2021 at 09:39

Amnesty scheme 2021 has been recommended for reducing late fee payable by small taxpayers & medium-sized taxpayers. The same will benefit around 89% of GST taxpayers at present.

43rd GST Council meeting Outcome: 9 Key highlights dated 28th May, 2021

CS Lalit Rajput 29 May 2021 at 09:40

The 43rd GST Council met under the Chairmanship of FM Smt. Nirmala Sitharaman on 28th May 2021. Let us discuss the nine key highlights of the 43rd GST Council Meet.

RBI Relaxation Compliance Norms with Various Payment System Requirements

CS Lalit Rajput 23 May 2021 at 17:04

RBI has extended the timeline of certain compliance Norms with respect to the Various Payment System Requirements due to the second wave of the COVID-19 pandemic.

Income Tax (CBDT) Due Date Further Extended beyond May, 2021

CS Lalit Rajput 21 May 2021 at 09:42

CBDT has issued a circular w.r.t. extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic and spike in COVID-19 cases.