Roll out of new Annual Information Statement (AIS) Posted On: 01 NOV 2021 Income Tax Department has rolled out the new Annual Information Statement (AIS) on the Compliance Portal which provides a comprehensive view of information to a taxpayer with a facility to capture online feedback. The new AIS can be accessed by clicking on… Read More »
Income Tax Department conducts searches in Bihar and Jharkhand Posted On: 01 NOV 2021 2:23PM by PIB Delhi The Income Tax Department carried out search and seizure operation on a prominent road construction contractor in Bihar and Jharkhand. The search action was initiated on 27.10.2021 at various premises located in Bihar, Jharkhand, Maharashtra, and West… Read More »
GST collection for October 2021 registered the second highest since implementation of GST ₹ 1,30,127 crore gross GST revenue collected in October Revenues for the month of October 2021 are 24% higher than the GST revenues in the same month last year and 36% over 2019-20 Posted On: 01 NOV 2021 1:04PM by PIB Delhi… Read More »
GSTR 3B Rectification Decision by Supreme Court I CA Satbir Singh Facts of the Case Forms GSTR-2 and 3 could not be operationalized by the Government, the Government introduced Rule 61(5) (which was amended vide Notification No. 17/2017-Central Tax, dated 27-7-2017) and the Rule 61(6) in the CGST Rules, and provided for filing of monthly return in… Read More »