The corrigendum fixes an incorrect aggregation formula in Schedule CG and wrong cross-references in Schedule UD. It ensures accurate computation without changing tax liability.
The corrigendum addresses formatting and reference errors in Schedule CG and Schedule OS. It clarifies reporting fields without altering tax calculations or liabilities
The latest corrigendum fixes errors in tax schedules and forms, ensuring clarity in reporting. Taxpayers should review updated references to avoid filing mistakes.
The corrigendum rectifies structural errors in ITR-1 and ITR-4 forms, particularly in tax payment reporting fields. It ensures accurate disclosure of advance and self-assessment tax details for compliance.
GSTN has enabled editing of the pre-deposit percentage in APL-01 filings. The change allows taxpayers flexibility, while verification remains with the appellate authority.
RBI directed banks to speed up credit of inward foreign payments. It held that delays at the beneficiary bank level must be minimized through faster processing and reconciliation.
SEBI clarifies that the broad-based fund requirement applies at the scheme level for AIFs. This ensures accurate investor composition and stricter compliance for AMCs.
The discussion paper addresses increasing APP frauds and proposes preventive safeguards like transaction delays and authentication layers. It aims to strengthen security without disrupting digital payment convenience.
The issue was inconsistency between RoDTEP and Customs Tariff descriptions. The amendment aligns classifications retrospectively, ensuring clarity and uniform eligibility for export benefits.
The appeal found that the RTI response was delayed beyond statutory timelines. The key takeaway is that delay breaches RTI provisions and limited disclosure may still be required.
