UPDATE4U
February 3, 2018
- W.e.f AY 18-19 if ITR filed late, Deduction u/s 80C, 80D, 80G etc allowed but disallowed for all incomes in Part C of Chapter VI-A.(80JJAA, 80P, 80TTA, 80U etc.)
- Govt releases New Set of FAQs on E-Way Bill. Amidst ambiguities over the rollout date of E-Way Bill under the new Goods and Services Tax regime, the Central Board of Excise and Customs (CBEC) issued Frequently Asked Questions (FAQs) on Electronic Way Bill.
- RBI issued Consolidated list of returns prescribed by RBI for banks; Master Direction – Reporting under Foreign Exchange Management Act, 1999 (Updated as on February 02, 2018); Master Direction – Import of Goods and Services (Updated as on February 02, 2018).
- SEBI Introduced a Digital Platform for Online Filings Related to Depositories Vides its Circular sebi/ho/mrd/dsa/cir/p/2018/13 dated January 29, 2018.
- Filing of Online Unified Annual Return under 8 Labour Laws is open from 01 Feb 18 for the year 2017. File immediately to avoid last minute rush.