Update on Income Tax, Banking and E-Way Bills

  • August 22, 2019
  • CA Chandan Agarwal's Office
CA Chandan Agarwal
CA Chandan Agarwal

1) *E-way bill cannot be generated after November 21, 2019, if return for 2 consecutive tax periods is not filed* :CBIC has extended the date from August 21, 2019 to November 21, 2019 from which no person (including a consignor, consignee, transporter, an e-commerce operator or a courier agency) shall be allowed to generate an e-way bill, if he has not furnished the returns for two consecutive tax periods. [Notification No. 36/2019-Central Tax, dated August 20, 2019]

2) *ITR FORMS with Investment data* : https://navbharattimes.indiatimes.com/business/tax/tax-news/income-tax-return-forms-with-pre-filled-investment-details-soon/articleshow/70733682.cms
3) Sebi okays up to Rs 1 cr reward for corporate whistle blowers: http://www.ecoti.in/_d8SHZ
4) *Analysis of Supreme Court judgment in favour of home buyers:* http://www.lawyersclubindia.com/articles/details.asp?mod_id=10495
5) New Timing of NEFT/RTGS:-
NEFT (Within 2 Lacs):-
Current 8 AM to 7 PM.
From December 2019- 24 X 7 Anytime.
RTGS (Above 2 Lacs):-
Current Inter Bank- 8 AM to 6 PM
From 26th Aug 2019 – 7 AM to 7.45 PM
Current Intra Bank- 8 AM to 7.45 PM
From 26th Aug 2019 – 7 AM to 7.45 PM
Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *