Enhancements & Improvements in Upcoming GSTR-1

Can Form No. 10AB be filed now for permanent registration of trust ?

While generating the e-Way Bill, in the ‘Item Details’ section, in the column of ‘Product Name’, ‘Arecanut’ or ‘Dried Arecanut’ has to be mentioned: Common Letter to all the Transporters

Short overview of the National Faceless Appeal Scheme-2021

Internal circular of Maharashtra state on ITC mismatch, GSTR-1 & 3B mismatch, etc for FY 17 18 and releated instructions to AO.

 Reporting and Accounting of Central Government transactions of March 2022

2 held by Faridabad CGST Commissionerate for issuing fake invoices of over Rs 200 crore and availing involving fraudulent ITC of Rs 31.85 crore

How to avail capital gain exemption on sale of a capital asset?

All complaints to be entered in MCA registry. Mandatory mentioning of SRNs on all correspondences.

Fryums are classifiable under heading 1905 90 40 and taxable at 18% under GST

Blocking of ITC when credit not available in ledger is without jurisdiction and illegal: HC

An overview of the Upcoming GSTR-1 enhancements & improvements

E-invoicing limit reduced from Rs 50 crore to 20 crore with effect from 1st April 2022.

No deduction U/s 37 for freebies paid to Doctors paid by Pharmaceutical Companies

Charitable Activity: Anything incidental or ancillary to the main object has to be read along with and in conjunction with the main object 

Recommendations by CAG on the Compliance of Tax provisions specific to Co-operative Societies and Co-operative Banks

New charitable Trust Registration: Chart showing Forms & Time Limit

Assessee can seek extension or shelter of Court if unreasonably short time granted in summons: HC