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GST Return mismatch cases grouped by High Courts Kerala HC 🌴 GSTR-1 and GSTR-3B Mismatch 📈 (Jose Paul vs. State Tax Officer) Exporter Relief Despite Mismatch 🚢 (Abi Technologies vs. Customs) ITC Claims on Mismatch 🛒 (Mina Bazar Railway Station Road vs. State Tax Officer) GSTR Discrepancies 🧾 (Henna Medicals vs. State Tax Officer) ITC cant be denied for non appearance in GSTR 2A 🗃️ (Diya Agencies vs. State Tax Officer) Rajasthan HC 🏜️ ITC via GSTR-3B Returns 🔄 (Pacific Industries Ltd vs. Union Of India, twice!) Madras HC 🌊 Mismatch Communication Issue 📞 (Mahendra Feeds and Foods vs. GST Deputy) Correct Annexures for GSTR-3B 📑 (Sun Dye Chem vs. Assistant Commissioner) Belated Cash GST 🕰️ (F1 Auto Components vs. State Tax officer) Delhi HC 🏛️ GST ITC Denial 🚫 (Bharti Telemedia vs. Union of India) GST Refund Reconciliation 🏦 (Shivbhola Filaments vs. Assistant Commissioner) IGST Refund 🔄 (Syschem India vs. Union of India) Open Portal for TRAN-1 🌐 (GST Authority case) Calcutta HC 🌉 GSTR 2A and 3B Mismatch 🔄 (Suncraft Energy vs. Assistant Commissioner, twice!) Jharkhand HC ⛏️ GST Penalty 📜 (Vikash Kumar Singh vs. Commissioner of State Tax) Invoices Non-Uploading 📄 (Tycoons Industries vs. Estern Coalfields Ltd.) Karnataka HC 🏯 GSTR-3B Changes 🔄 (Orient Traders vs. Deputy Commissioner) Revise GSTR-3B for 3 Years 🗓️ (Wipro vs. Assistant Commissioner) Bombay HC 🌆 Electronic Credit Ledger Year Limit ⏳ (Advent India PE vs. Union of India) Chhattisgarh HC 🌲 ITC Mismatch GSTR-3B with GSTR-2A 🔄 (Bharat Aluminium vs. Union of India) Content Credit @shaifalyca

GTAs who have never opted to pay tax under FCM or intend to pay tax under FCM for the next FY should ignore Annexure V and Annexure VI.

Advisory from @Infosys_GSTN on Person supplying of Online Money Gaming services or OIDAR or Both– Form GST REG-10 and Form GSTR-5A

Union Finance Minister Smt. @nsitharaman will chair the 52nd GST Council meeting at Sushma Swaraj Bhawan, New Delhi, TODAY. The meeting will be attended by Union Minister of State for Finance Shri @mppchaudhary, besides Finance Ministers of States and UTs (with Legislature) and Senior officials from Union Government and States. ⏰ 10.00 AM 📅 7th Oct. 2023

Repo rate unchanged #RBI

RBI Monetary Policy at 10 am

𝐑𝐂𝐌 𝐨𝐧 𝐎𝐜𝐞𝐚𝐧 𝐅𝐫𝐞𝐢𝐠𝐡𝐭 𝐖𝐄𝐅 𝟎𝟏-𝟏𝟎-𝟐𝟎𝟐𝟑 Here is the summary chart which every Importer & Exporter Should refer to assess correct status of RCM Applicability on Ocean Freight.

GST on online gaming

Temporary pause in auto population of e invoices into GSTR 1.

The 52nd meeting of the GST Council will be held on 7th October, 2023 at Vigyan Bhawan , New Delhi.

CBDT extends due date for filing of Form 10B/10BB for FY 2022-23 to 31.10.2023. Due date for furnishing of ITR in Form ITR-7 for the AY 2023-24 also extended to 30.11.2023. CBDT Circular No. 16/2023 dated 18.09.2023 issued and is available at: incometaxindia.gov.in/communications…

Income Tax Return & Audit Due Date for A.Y.23-24 (F.Y.22-23)

Tax Tools from @IncomeTaxIndia Tax Calculator incometaxindia.gov.in/Pages/tools/ta… Advance Tax Calculator incometaxindia.gov.in/Pages/tools/ad… Income and Tax calculator incometaxindia.gov.in/Pages/tools/in… Medical Facility incometaxindia.gov.in/Pages/tools/me… Transport Allowance Calculator incometaxindia.gov.in/Pages/tools/tr… Children education and hostel allowance incometaxindia.gov.in/Pages/tools/ch… House rent allowance calculator incometaxindia.gov.in/Pages/tools/ho… Profits and Gains of profession on presumptive basis u/s 44ADA incometaxindia.gov.in/Pages/tools/pr… AMT and MAT incometaxindia.gov.in/Pages/tools/am… Eligibility for updated return and calculation of additional tax incometaxindia.gov.in/Pages/tools/el… Equalization levy incometaxindia.gov.in/Pages/tools/eq… Fees for default in furnishing return of income incometaxindia.gov.in/Pages/tools/fe… Interest under section 234A/234B/234C/234D incometaxindia.gov.in/Pages/tools/in… Deduction under section 80G/80GGC incometaxindia.gov.in/Pages/tools/de… Relief under section 89A incometaxindia.gov.in/Pages/tools/re… TDS Calculator incometaxindia.gov.in/Pages/tools/td… Interest for delay in deduction/deposits of TDS/TCS and fees for late-filing of statements incometaxindia.gov.in/Pages/tools/in… Period of holding of capital asset incometaxindia.gov.in/Pages/tools/pe… Taxability of Agent Commission incometaxindia.gov.in/Pages/tools/Ag… Presumptive Income under Section 44AE incometaxindia.gov.in/Pages/tools/pr… Presumptive Income under Section 44AD incometaxindia.gov.in/Pages/tools/pr… Depreciation incometaxindia.gov.in/Pages/tools/de… Income from house property incometaxindia.gov.in/Pages/tools/in… Relief under Section 89 incometaxindia.gov.in/Pages/tools/re… Motor Car Facility incometaxindia.gov.in/Pages/tools/mo… Exemptions from capital gains incometaxindia.gov.in/Pages/tools/ex… Concessional or interest free loan incometaxindia.gov.in/Pages/tools/co… Carry forward and Set-off of losses incometaxindia.gov.in/Pages/tools/ca… Gratuity incometaxindia.gov.in/Pages/tools/Gr… Leave Encashment incometaxindia.gov.in/Pages/tools/le… Deduction under Section 80U incometaxindia.gov.in/Pages/tools/de… Deduction under Section 80TTA incometaxindia.gov.in/Pages/tools/de… Deduction under Section 80DD incometaxindia.gov.in/Pages/tools/de… Deduction under Section 80D incometaxindia.gov.in/Pages/tools/de… Deduction under Section 80C incometaxindia.gov.in/Pages/tools/de… Interest on NSC incometaxindia.gov.in/Pages/tools/in… Partners’ Remuneration incometaxindia.gov.in/Pages/tools/pa… Indexed Cost of acquisition or improvement incometaxindia.gov.in/Pages/tools/in… Rent Free Accommodation incometaxindia.gov.in/Pages/tools/re… Deferred Tax Calculator incometaxindia.gov.in/Pages/tools/de… Residential Status Calculator incometaxindia.gov.in/Pages/tools/re…

Advance Tax Calculator for Financial Year 2023-24 Link incometaxindia.gov.in/Pages/tools/ad… @IncomeTaxIndia

Chandrayaan-3 Mission: 🏏Pragyan 100* Meanwhile, over the Moon, Pragan Rover has traversed over 100 meters and continuing.

Reporting u/s 269SS & 269T in Income Tax Audit Report (Form 3CD) #TaxationUpdates

New TAB "Report ITC Reversal Opening Balance" inserted on Dashbord after login and under path Services>Return>Return Dashboard New Ledger "Electronic Credit Reversal and Re-claimed Statement" inserted under path Services>Ledgers>Electronic Credit Reversal and Re-claimed Statement It is an Opening Balance Declaration form which will help in formulating "Electronic Credit Reversal and Re-claimed Statement" Due to "Electronic Credit Reversal and Re-claimed Statement" Tax payer comes to know that how much ITC which were previously reversed in Table 4B(2) and not yet reclaimed

FAQs on intimation under section 143 From @IncomeTaxIndia

New income tax portal Before donating & claiming 80G, ensure that the trust/NGO is registered in income tax and has a valid exemption certificate. Credit to @financepost_in

ADVISORY ON MERA BILL MERA ADHIKAAR SCHEME gst.gov.in/newsandupdates… Source @Infosys_GSTN Portal