The provision of higher TDS under section 206AB is not applicable on tax to be deducted under sections 194-1A, 194-IB and 194M. This is in addition to already existing provision of its non-applicabilily on tax to be deducted under sections 192, 192A, 194B, 194BB, 194LBC and 194N.
CBIC extends due date of payment of tax for the month of April, 2022 by taxpayers under QRMP scheme in FORM GST PMT-06 till 27th May, 2022
CBIC Extends due date of filing FORM GSTR3B for the month of April 2022 till the 24th day of May, 2022
Request to announce Tax Amnesty Scheme / one time settlement scheme for pending demand, disputes, appeals, litigations and recovery under various state laws and CST Act.
Explore the intricacies of ITC reversal for credit notes in GSTR-3B, especially when the recipient reports net ITC directly. Learn the legal contentions to defend against potential queries from the GST Department during audits. Understand key provisions like Section 34, Rule 73, and CBIC flyer for a comprehensive perspective on managing ITC in compliance with GST regulations.
It has been noticed that in a few cases, certain records are not reflected in GSTR-2B statement for the period of April 2022. However, such records are visible in GSTR-2A of such recipients.
Members are also hereby advised to kindly update all the pending UDINs at the e-filing portal immediately. Please note that the last date for updating UDINs at the e-filing portal is 31st May 2022.
Jeen Mata Buildcon Pvt. Ltd. Vs ITO (ITAT Jaipur) The ld. AR of the assessee argued that merely there is a difference in the 26AS and the books results, there cannot be an addition to returned income the books of account of the assessee duly audited. AO has not found any single defect in the […]
RIT Foundation Vs Union of India (Delhi High Court) Delhi High Court bench differed members differed in their views while hearing on a batch of petitions challenging the exception to Section 375 of the Indian Penal Code, which exempts forceful sexual intercourse by a man with his own wife from the offence of rape and […]
ITBA Step–by–Step Document No. 1 w.r.t. CBDT Instruction No. 1 of 2022Dated 12.05.2022 Steps to be followed in ITBA for the cases impacted by Hon’ble Supreme Court decision dated 04.05.2022 in the case of Union of India vs. Ashish Agarwal Dated 12.05.2022 NOTE: The AOs/ITBA users should refer to Instruction No. 1 of 2022 dated […]
