GST portal has officially enabled the filing of Annual Return (GSTR-9) and Reconciliation Statement (GSTR-9C) for the Financial Year 2024-25.
Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...
For AY 2025-26, businesses exceeding turnover limits and certain professionals must file tax audit reports by September 30, ...
The Goods and Services Tax (GST) portal has been updated to enable online filing of annual returns using Form GSTR-9 for the ...
Parag Mehta, indirect tax partner, N. A. Shah Associates LLP, says that as per the GST provisions, any assessee having a turnover of up to Rs 5 crore has to file an annual return by a specified date.
India’s tax system is undergoing a digital overhaul as AI-led projects like Insight and ADVAIT enhance transparency, detect evasion, speed up refunds, and simplify compliance.
AAR rejected applicant’s plea on classification and exemption for bio-mining services, citing Section 98(2) which bars ...
The government on Tuesday said consumers who have not received the benefits of GST rate cut can register their complaints on toll free number 1915 or through WhatsApp at 8800001915. In a FAQ, the ...
Consumers are reporting that the GST rate reductions on essential goods aren't being passed on to them. Overcharging violates the Legal Metrology Act, but consumers can file complaints through the NAA ...
The National Board of Revenue (NBR) has issued a special order regarding the submission of income tax returns online. According to this order, from the fiscal year 2025-2026, all individual taxpayers ...
A belated return is a late filing of the tax return under section 139(4) of the Income-tax Act. It gives a chance to taxpayers to declare income, allow deductions, and pay taxes even if the due date ...