GST Tax Invoice HSN Code made compulsory for Goods and Services I CA Satbir singh
GST Tax Invoice HSN Code made compulsory for Goods and Services I CA Satbir singh
Daily Archives: January 12, 2021
11th Instalment of Rs.6,000 crore released to the States for GST compensation shortfall
Ministry of Finance 11th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall A total amount of Rs.66,000 crore released so far to all States and UTs with legislation This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States Posted… Read More »
ITR Rectification enabled for AY 2020-21
The facility to file rectification for Asst Year 2020-21 on the 143(1) intimations issued by CPC Bengaluru, is now enabled for “Return data correction” & “Only Reprocess the return”. The rectification facility for “Tax credit mismatch correction” will be enabled soon.
Auto-population of e-invoice details into GSTR-1
Auto-population of e-invoice details into GSTR-1 11/01/2021 From 1-10-2020, certain notified taxpayers have been issuing invoices after obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). From 1-1-2021, the taxpayers with aggregate turnover above Rs. 100 Cr. had also started reporting invoices to IRP. Details from the reported e-invoices are being auto-populated in… Read More »
ITR and Tax Audit Date Extension CBDT Order 11.01.2021
F.NO. 370153/39/2020-TPL GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) (TAX POLICY AND LEGISLATION DIVISION) *********** New Delhi, 11th January, 2021 ORDER UNDER SECTION 119 OF INCOME TAX ACT, 1961 Download Click here