Tag: Law

GST- Late Filing Allowed for the 1st 2 months.

Under The GST, the biggest tax reform in India’s history will require firms to file three online returns each month. Some business lobby groups have urged a delay to the rollout to allow more time to get ready.

The government relaxed the filing dates it will allow companies to file late returns for the first two months so that they can adapt to a new online filing system.

Supreme Court Stay on Linking of PAN with Aadhaar

In a temporary setback for the Government’s Plan to make Aadhaar mandatory for all Citizens, The Supreme Court has partially stayed newly-inserted provision of the Income Tax that makes linking of Aadhaar number with the PAN mandatory.

The Bench of Justice A.K. Sikri and Justice Ashok Bhushan on Friday, i.e 9th June’17, up held the Section 139AA subject to the final verdict on the privacy issues which is pending before the constitution bench.

In case you have Aadhaar and like to link with PAN visit Linking Aadhaar with PAN in 2 easy Steps