The weekly messenger | Edition 38.19

Regulatory News

Relaxation of additional fees and extension of last date of filing of Form BEN – 2 and BEN – 1 under the Companies Act, 2013 – 24 September 2019

The Ministry of Corporate Affairs has extended the time limit for filing of e-form BEN – 2 ‘Return to the Registrar in respect of declaration under Section 90’ up to 31 December 2019. Consequently, the date of filing of form BEN – 1 ‘Declaration by the beneficial owner who holds or acquires significant beneficial ownership in shares’ may be construed accordingly.
 
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Clarifications in respect of filling up of return forms for the A.Y. 2019 – 20 – 26 September 2019

The Central Board of Direct Taxes (CBDT), pursuant to the various representations received on certain issues relating to filing of Forms ITR – 5, ITR – 6 and ITR – 7 has issued various clarifications with respect to the same.
 
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CBDT extends due date for filing of income – tax returns and tax audits – 27 September 2019

The CBDT has extended the due date of filing of income tax returns as well as all reports of audit for assessees’ covered under clause (a) of Explanation 2 to section 139(1) of the Income Tax Act (“the Act”) read with relevant provisions of the Act and Income-tax Rules, from 30 September 2019 to 31 October 2019.
 
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