Along with compliance on GSTR-9 and 9C, taxpayers were also required to follow e-invoicing regulations.
The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1 lakh crore in more than 32.07 lakh cases so far, including Rs 79,517 crore of corporate tax refunds.
Till June this year, the EC used to ask complainants to approach courts directly on issues of alleged false affidavits.
'The survey action u/s 133A of the Act being an intrusive action, it is expected that the same should be carried out with utmost responsibility and accountability,' the CBDT said.
The Central Board of Direct Taxes (CBDT) further asked taxpayers to provide immediate response to emails of the department for quick processing of their refunds.
As per the Ministry of Finance, a leading newspaper published a news item which stated that the Government is considering such a proposal.
The move is likely to help companies like Yes Bank, IL&FS or those who are undergoing insolvency proceedings.
The Central Board of Direct Taxes (CBDT) has now amended Income Tax rules to prescribe certain exemptions which can be availed by the employees.
The CBDT issued a notification on June 24, 2020 to provide further relief to taxpayers by extending various time limits of compliances, a statement said.
The move came after GST intelligence detected tax evasion of Rs 225 crore by a pan masala company.
The launch of the application marks a fundamental change in internal office procedures that are so far based on manual handling of files and paper movement.
GSTR-2A is a purchase return auto-generated by the GST system based on the transaction between a business and its supplier.
The 25 per cent customs duty rate shall now uniformly apply to any import of bamboo, including by traders, Central Board of Indirect Taxes and Customs said.
The revamped Form 26AS will now come into effect from June 1, the Central Board of Direct Taxes (CBDT) said.
In a tweet, the CBIC said it is "committed to ensuring liquidity to GST taxpayers especially MSME sectors during the lockdown".