GSTN (Goods & Service Tax Network) issues advisory on GSTR 2B input tax issues & IMS.

CBDT has issued circular for condonation of delay in filling Form No. 10-IC or Form No. 10-ID for AY 2020-21, 2021-22 and 2022-23.

Deadline for filling GSTR 3B has been extended to 21st Nov'2024 for the registered taxpayers whose principal place of business is located in the state of Maharashtra and Jharkhand and who are required to file GSTR-3B under Section 39(1) of the CGST Act, 2017, read with Rule 61(1)(i) of the CGST Rules, 2017. As per GST Act, “The principal place of business means the place mentioned in the GST Registration as the principal place of business.

CBDT has issued circular for condonation of delays in filing Forms 9A, 10, 10B, and 10BB for Assessment Year (AY) 2018-19 and subsequent years.
 

ITR For AY 2024-25: Income Tax Department Targets Undisclosed Foreign Assets With New Campaign

To enable taxpayers to efficiently address invoice corrections/amendments with their suppliers through the portal, a new communication process called the Invoice Management System (IMS) is being brought up at portal.

The Central Bureau of Investigation (CBI) arrested two assistant accounts officers of the Central Board of Direct Taxes (CBDT), Pankaj Kumar and Aul Wani, in Panaji on Friday for allegedly demanding and accepting a bribe to clear pending bills of a contractor. The arrests were made following a written complaint filed by Kamlakant Chaturvedi, a contractor whose company provides manpower services to the Income Tax Department and other entities.

The Goods and Services Tax Network (GSTN) has released an advisory explaining why some GST taxpayers who have not yet received GSTR 2B (input tax credit statement). This advisory helps you in understanding it better and take up the issue with the appropriate supplier or others.