Stakeholders who intend to pursue their insolvency cases may approach appropriate authority/court under the existing enactments, instead of approaching the Debt Recovery Tribunals (DRTs).
My dear countrymen, Saadar Namaskar. When on the one hand, a sense of festivity pervades the land, and on the other, news of violence comes in, from one part of the country, it is only natural to feel concerned. Ours is the country of Buddha and Gandhi, it is the land of Sardar Patel who gave up his all for the unity of the nation.
Section 31 – Issue a revised invoice against the invoice already issued during the period beginning with the effective date of registration till the date of issuance of certificate of registration to him – within one month from the date of issuance of certificate of registration
A very effective grievance redressal mechanism for GST is required. Response to some genuine grievances should be published for the benefit of all.
CBIC waives late fee payable for all registered persons who failed to furnish return in FORM GSTR-3B for July, 2017 by due date.
Companies having exported the above mentioned items to Algeria may check up with their client if all bank formalities mainly the pre- authorized bank direct debit instruction, has been completed before 4th July, 2017.
Reference made to DVO under section 55A on the ground that value declared by assessee, as per Government registered valuer’s report was more than FMV, was not justified as AO could make reference to DVO only when he was of the opinion that value claimed in the registered valuer’s report was less than the fair market value.
With reference to Item No. 1, at the time of launching GST the Government has proudly announced and made much publicity and highlighted its friendly approach for small business persons of keeping them out from the burden of GST by fixing the threshold limit in major states Rs. 20,00,000/-.
CBDT hereby extends the ‘due-date’ prescribed therein for filing the return of income as well as various reports of audit prescribed under the Income-tax Act which are required to be filed by the said ‘due date’ from 30th September, 2017 to 31st October, 2017.
CBDT, in exercise of powers conferred under section 119 of the Act, modifies para 3 of its earlier order dated 31.07.2017 and further extends the time for linking Aadhar with PAN till 31.12.2017.
