MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No 07/2024 – Central Tax New Delhi, the 8th April, 2024 S.O. 1642(E).—In exercise of the powers conferred by sub-section (1) of section 50 read with section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (herein… Read More »
GSTR 1 NEW CHANGE FROM APRIL 2024 I GST RETURN FILING ONLINE I GST LATEST UPDATE CA SATBIR SINGH
– GST Portal Update- New option added in “Table 12 – HSN wise summary of outward supplies” in GSTR 1 for Tax Payers generating e-invoices Now Tax Payers can Import HSN Data in GSTR 1 from E-Invoices, these will help the tax payers in importing all HSN data where e-invoices were generated and manual entry… Read More »
Ministry of Finance Functionalities to file commonly used ITRs enabled by CBDT on 1st April, 2024 Posted On: 04 APR 2024 7:50PM by PIB Delhi The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from 1st April, 2024… Read More »
Ministry of Finance CBDT clarifies on media reports claiming special drive to reopen cases with reference to HRA claims There is no special drive to re-open cases of mismatch, and media reports alleging that large-scale re-opening is being undertaken by the CBDT are completely misplaced Apprehensions are about retrospective taxation in this matter and re-opening… Read More »