Tax bodies urge extension of GSTR-9 and GSTR-9C deadline due to complex changes Recent amendments and technical issues cited as reasons for extension request Experts urge more time for accurate ...
GSTN will soon enforce system-level blocking if ITC reclaimed or RCM ITC exceeds ledger balances. Key takeaway: taxpayers must reconcile ledgers to avoid filing ...
The Ministry of Finance has issued a notification relevant for Goods and Service Tax (GST) registered taxpayers who failed to file the annual reconciliation statement through the GSTR-9C form. As per ...
December 31 is the last day to file GSTR-9 Tax filers have urged for an extention as MCA portal keeps glitching The last date for filing GSTR-9 for financial year 2024-25, which ended on March 31, ...
This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and ...
The GST 2.0 reforms aimed to simplify the system with fewer tax slabs, however businesses continue to face challenges in ...
Did our AI summary help? As the year draws to a close, December 31 marks the deadline for several statutory filings across company law, GST and income tax. Company law filings under the Ministry of ...
WASHINGTON — The Justice Department has released thousands of pages of records tied to its investigation into Jeffrey Epstein, following a new federal law requiring the government to make public what ...