Direct & Indirect Taxes Updates- November 2020

• December 4, 2020
• CA Chandan Agarwal's Office

DIRECT TAXES UPDATES

Recent circulars/ notifications/ rules/ clarifications/News

♣ CBDT issues a circular condoning the delay in filing of form No. 10 BB (Form for furnishing the audit report of the accounts of a fund or trust or institution or any university or other educational institution or any hospital or other medical institution) for AY 2016-17 and onwards (Circular no. 19/2020 dated 03th November 2020)

♣  Income tax department issues SOPs for faceless Income Tax Assessment Scheme, 2019 (Instruction no. F. No. Pr.CCIT(NeAC)/2019-20/343 and F. No. Pr. CCIT/NeAC/SOP/2020-21 dated 19^th November 2020)

Income Tax Compliance calendar – December 2020

Read more on: https://taxguru.in/chartered-accountant/direct-indirect-taxes-updates-november-2020.html