June 2023

We continue in our pursuit to hire top talent from the industry. Some of the key hires have been covered in a
separate section to this newsletter.

March 2023

Pierian commenced one of its most prized service line, the Assurance and Advisory practice in partnership
with Abhishek Gupta, a veteran from one of the world’s top four public accounting firms, and his formidable
team.

July 2020

CBDT notifies Cost Inflation Index for FY 2020-21 at 301; This notification shall come into force with effect from April…

August 2020

IT Department modifies challan ITNS 285 [relating to payment of Equalisation Levy to enable payment of first installment…

September 2020

CBDT advises banks to immediately refund the charges collected, if any, on transactions carried out using electronic modes…

October 2020

CBDT issues guidelines on applicability of TDS on E-commerce operators u/s. 194-O & TCS on sale of goods u/s. 206C(1H)…

November 2020

Central Board of Direct Tax amends section 56 for valuation of unquoted equity shares under Discounted Cash Flow method…

January 2021

CBDT’s second set of 34 FAQs on Vivad se Vishwas Scheme (‘VsVS’) further clears air on the scope/eligibility (20 FAQs),…

July 2021

The Central Board of Direct Taxes (CBDT) has notified the cost inflation index (CII) for FY 2021-22 as 317 via a notification dated June 15, 2021…

August 2021

The amendment made by 2021 Act also provides that the demand raised for offshore indirect transfer of Indian assets made before 28th May, 2012.