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Category: News & Updates

57 ROC Forms eligible for Additional Fees Waiver - Infinity Compliance

57 ROC Forms eligible for Additional Fees Waiver

July 16, 2021 MCA News & Updates, News & Updates by Infinity Compliance
Additional Fees Waiver by MCA Through Circular No. 11/2021 and 12/2021 Dated: 30/06/2021”   MCA (Ministry of Corporate Affairs) with the latest notification dated 30.06.2021, in continuation of Circular no 06/2021 and 07/2021 dated 3rd May 2021 allow the additional fees waiver on the following 57 e-forms. The said forms can be filed without additional fees till 31st of August, 2021. Pursuant to the aforesaid
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How banks, mutual funds and companies will check if you have filed ITR - Infinity Compliance

How banks, mutual funds and companies will check if you have filed ITR

July 13, 2021 Income Tax News & Updates, News & Updates by Infinity Compliance
How banks mutual funds and companies will check if you have filed ITR Effective from July 1, 2021, a person who has not filed ITR for the previous two financial years and the aggregate TDS and TCS deducted from payments made to him/her in each of these financial years exceeds Rs 50,000, then such person
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Applicability of GST on Reverse Charge Mechanism for Import of Service - INFC

Applicability of GST on Reverse Charge Mechanism for Import of Service

July 12, 2021 GST News & Updates, News & Updates by Infinity Compliance
  GST is Levy in accordance with the concept of supply.   According to section 7(1) (b) of CGST Act’2017, supply includes “import of services” for a consideration whether or not within the course or furtherance of business. According to section 7 (4) of IGST Act’2017, if Supply of services imported into India’s territory shall be
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A Deloitte Partner explains how GST impacted manufacturers, service providers differently - INFC

A Deloitte Partner explains how GST impacted manufacturers, service providers differently

July 9, 2021 GST News & Updates, News & Updates by Infinity Compliance
MS Mani, Partner, Deloitte India does a comparison of pre-and post-GST times. Here are edited excerpts from his interview to ET Now’s Tamanna Inamdar: Are we better off with GST than without? And is it as simple a tax because it was meant to be? Let me check out it only from a business perspective. I will
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