Client Advisory Letter (May-June 2021)

At a glance

Taxes, compliance matters, assessments, and refunds 

• Subsidiary action
• Usurpation of power
• Penalty situation
• Detailing CARS
• FIST clenched
• Pay first
• Border incident
• VAT threshold 
• Sin taxes
• Prescriptive periods 
• Treaty availment 
• Mathematical errors
• Fill in correctly
• Online registration
• Alternative mode
• Overpaid taxes
• Quarterly filing
• Asset formula
  

Latest on regulatory landscape

• Online lending
• I-ACGR deadline
• Annual Reports
• Governance process
• Contact details 
• Manual of regulations
• Eligibility requirement
• Penalty reimposition
• Incentive guidelines
• Amnesty extension
• Rice and pork