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
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
New Facility to file Tax Evasion or Benami Property Complaint online To Income Tax Dept I CA Satbir
New Facility to file Tax Evasion or Benami Property Complaint online To Income Tax Dept I CA Satbir
CPC releases handbook for tax Consultants/ Taxpayer for FAQs on ITRs
CPC releases handbook for tax consultants & taxpayers covering FAQs on topics related to ITRs Download CPC Book for taxpayers guide
DGGI Gurugram arrests one for fraudulently availing input tax credit of Rs 8 crore
Ministry of Finance DGGI Gurugram arrests one for fraudulently availing input tax credit of Rs 8 crore Posted On: 08 JAN 2021 The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested one Shri Sanjay Goel, resident of New Delhi on charges of illegally availing and passing on input tax credit… Read More »
New GST Penalty w e f 01.01.2021 I CA Satbir Singh
New GST Penalty w e f 01.01.2021 I CA Satbir Singh
New Changes in GST Composition Scheme w e f 1.1.2021 I CA Satbir Singh
New Changes in GST Composition Scheme w e f 1.1.2021 I CA Satbir Singh