Advisory for the procedures and provisions related to the amnesty for taxpayers who missed the appeal filing deadline for the orders passed on or before March 31, 2023 28/11/2023 1. Amnesty for Taxpayers: The GST Council, in its 52nd meeting, recommended granting amnesty to taxpayers who could not file an appeal under section 107 of the… Read More »
Question 1: I filed my Original ITR u/s 139(1) on 30th July 2023 but not yet verified. Can I Discard it? Response: Yes, user can avail the option of “Discard” for the ITRs being filed u/s 139(1) /139(4) / 139(5) if they do not want to verify it. User is provided a facility to file… Read More »
The CBIC issued Instruction No. 04/2023-GST dated November 23, 2023, regarding the serving of the summary of notice in FORM GST DRC-01 and uploading of the summary of order in FORM GST DRC-07 electronically on the portal by the proper officer. Reference is invited to the provisions of section 52, section 73, section 74, section 122, section 123,… Read More »
Big Relief from GST Penalty I New Order I GST Not Paid on Time I CA Satbir Singh Download order Click here The maximum penalty imposable was Rs. 10,000/- or the tax evaded, whichever was more; there being no allegation of tax evasion, the maximum penalty that could have been imposed was Rs. 10,000/-which could… Read More »
Relief to Income Tax Payer I Interest on delayed Refund I Seized cash I ca satbir Singh Download Click here
Relief to GST Taxpayer I GST Appeal decision if Taxpayer is absent I CA Satbir singh Download Click here
Circular No: PROTEAN/TIN/2023/013 November 23, 2023 Release of File Validation Utilities (FVUs) and Return Preparation Utility for e-TDS/TCS Statements All TIN-Facilitation Centres (TIN-FCs) are hereby informed about the release of new TDS/TCS FVU versions. These FVU versions are incorporated in Online SAM application:- New FVU versions for quarterly e-TDS/TCS statements are as follows: FVU… Read More »
Allahabad High Court, in the case of Graziano Trasmissioni India Private Limited v. GST Council has stayed the adjudication of SCN, and a similar case is also pending before Gujarat High Court (SRSS Agro Private Limited v. UOI). Allahabad High Court stays adjudication of the SCN for FY 2017-18 issued under extended time limits Section… Read More »
Big Relief to GST Return filer if Mistake is Genuine I CA Satbir Singh Download Click here Assessee was working as a owner-cum-driver of lorry . Assessee business is covered under Goods Transport Agency for which the liability for paying GST is on the service recipient under Reverse Charge Mechanism. Assessee’s accountant, without taking proper… Read More »
Validity of GST Notice from State and Central GST dept for same year I CA Satbir Singh Download Click here