CBDT exempts certain non-residents, foreign investors from filing ITR FY21 onwards – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbdt-exempts-certain-non-residents-foreign-investors-from-filing-itr-fy21-onwards/articleshow/86969102.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Further, eligible foreign investors (non-residents who operate in accordance with SEBI instructions), who during the financial year, have only transacted in capital asset

GSTN blocks Rs 14,000-crore input tax credits of 66,000 taxpayers – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gstn-blocks-rs-14000-crore-input-tax-credits-of-66000-taxpayers/articleshow/86965100.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Department has power to block the ITC available in the electronic credit ledger of a taxpayer if tax officer has “reasons to believe”

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