Notification No. 31/2021
Date: July 30, 2021
Subject: Exemption from furnishing annual return for registered persons having aggregate turnover up to ₹2 crore for FY 2020-21.
Description:
Registered persons whose aggregate turnover in FY 2020-21 does not exceed ₹2 crore are exempted from filing the annual return under section 44. The exemption applies only for the specified financial year. Other categories of taxpayers remain unaffected.
Effective Date:
1 August 2021