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 »