Dear All The Central Board of Direct Taxes (CBDT) has put off till March 31, 2019, the proposed GST and GAAR reporting under the amended tax audit form. This dispensation would be available for tax audit reports to be furnished on or after August 20 but before April 1, 2019.
Dear All As far as filing of income-tax returns goes, all governments face a twin challenge. On the one hand, they wish to make the process simpler so that more people are encouraged to file returns. Anupam Jain, Executive Director contributed an article on Is it sahaj or sugam anymore? for Business Standard. In this article , Anupam has discussed the recently notified Income tax returns, especially the one relevant for Individuals with Salary income (SAHAJ) and one relevant for assessees under presumptive taxation. And, also discussed the broad intensions that the government may have had in formulating these new forms .