In a significant verdict, the Supreme Court on Thursday held that the recommendations of the GST council are not binding on the Union and the State Governments. A bench …
It may be noted that, the Input Tax Credit (ITC) gets auto populated in GSTR-3B from GSTR-2B only if the taxpayer has not saved any data in GSTR-3B for …
The Institute of Chartered Accountants of India (“ICAI”) has issued an Announcement dated May 14, 2022 asking CA Students to send the observations on the question papers of CA …
As per the recent tweet of the CBIC, says a technical glitch has been reported by Infosys in generation of April 2022 GSTR-2B & auto-population of GSTR-3B on portal. Infosys …
The Goods and Services Tax Network (“GSTN”) has issued an Advisory dated May 15, 2022 on GSTR-2B issues. It has been noticed that in a few cases, certain records …
The Institute of Chartered Accountants of India (“ICAI”) has issued an Updated dated May 13, 2022 directed to reattempt updation of Unique Document Identification Numbers (“UDINs”) which were invalidated …
The Goods and Services Tax Network (“GSTN”) has issued an Update dated May 10, 2022 w.r.t. introduction of a new tax rate of 6% on certain goods, on the …
The Tamil Nadu GST & Central Excise Department has issued a booklet on “FAQ on e-Invoice” in Tamil & English published by Chennai which was released by Shri. Tarun …
The Central Board of Direct Taxes (“CBDT”) has enabled the common offline utilities for e-filing of Tax Audit Report Form 3CA-3CD and 3CB-3CD for the Assessment Year (“A.Y.”) 2022-23. Taxpayers can …
The Supreme Court on Wednesday ruled in favour of the Income Tax Department regarding the re-assessment controversy. It held that all notices issued under old Section 148 will be …
