Income Tax Dept makes ITR 1 for AY 18-19 available for E Filing
The Income Tax Department have made ITR 1 for Financial Year 2017-18 (Assessment Year 2018-19) available for E -filing from today. ITR 1 is to be filed by individuals being a resident other…

PAN and TAN mentioned in the Certificate Of Incorporation issued by MCA is sufficient proof of PAN and TAN
Press Release - Requirement for obtaining PAN card u/s 139A of IT Act, 1961 eased for corporate assessees  In case of a company, an application for…

Many types of reimbursements — home rentals, telephone charges, medical premiums, health check-ups, even the re-issue of i-cards — could face GST.

ICAI issues Revised “E-publication on E-way Bill under GST”  
In erstwhile VAT regime, for movement of goods, there was need of continuous monitoring of borders by States due to practices of goods moving without bills or multiple movements under the same…

ICAI issues Guide on ‘Compliances of Service tax/ GST in Banking Sector’ helpful for Statutory and Concurrent Auditors Foreword
The banking system is also highly regulated considering its importance within the financial system in channelizing resources and…

Composition dealers need not furnish point 4 A of Table 4 of Form GSTR -4
CBIC have issued a press release clarifying about filling of details in GSTR 4 for January to March 2018 and subsequent tax periods as below 

I have lodged an RTI with respect to collection of Late Fees and Interest on account of GST return filing so as to co-relate with the proces

Exporters are claiming that over 60 per cent of their refunds are still stuck with the government.

Nagpur Chamber of Commerce submits important memorandum on GST, Income Tax Act, Benami Transaction, corruption to Finance Secreatry Mr Hasmukh Adhia
Nagpur Chamber of Commerce Ltd have submitted a memorandum to Finance Secretary Mr Hasmukh Adhia during his…

Official GST collection for the Financial Year 2017-18. Ministry of Finance have issued a Press Release clarifying about GST Revenue Collection figure and Compliance level for the financial year 2017-18 Total Revenue of Rs. 7.19 lakh crore collected under…

The total Gross GST revenue collected in the month of April 2018 is Rs.1,03,458 crore of which CGST

Bombay HC extends Due date of Filing TRAN-1 to 10th May 2018 for taxpayers who could not access the GSTN Portal due to technical glitches  Responding to the various Writs filed before it in the matter of Technical Glitches faced by taxpayers while discharging…

Due Date of Filing GSTR 3 B for April 2018 extended by 2 days because of glitch, Notification yet to be issued.
The GSTN Portal have updated that the Due date for filing GSTR 3B for the month of April 2018 is extended to 22nd May  2018. 
This was necessitated…