Articles by Mitali

Resolving Gaps Between GSTR-2B and GSTR-3B Data

Mitali 19 November 2024 at 15:19

If you have observed that there are discrepancies between GSTR-2B and GSTR-3B or GSTR-2B is not generated, then you can look for these steps to re-compute it

GST Compliance Alert: Check and Rectify Past Claims Before November 2024

Mitali 09 November 2024 at 12:27

GST Returns which are to be filed in November month, those returns are very important as in this month you need to reconcile them thoroughly.

Frequently Asked Questions on DRC-03A

Mitali 06 November 2024 at 12:02

Form GST DRC 03A has been introduced in the GST portal to adjust payments made through Form GST DRC 03 against any outstanding demand in electronic liability register.

Three-Year GST Return filing Limitation Period Starting From 2025

Mitali 30 October 2024 at 12:24

As per the notification, returns which are pending beyond three years could lead to compliance issues.

Smart Festive Investment Tips on This Dhanteras

Mitali 29 October 2024 at 10:59

"Dhanteras" is celebrated just two days before Diwali which is considered an auspicious day for purchasing jewelry, property, and other valuables items that symbolize good fortune and prosperity.

CBDT Grants Extra Time for Taxpayers Requiring Audit

Mitali 26 October 2024 at 11:57

Due date to file ITR, those requiring an audit is October 31, 2024. Within this due date taxpayers such as company (whether tax audit applicable or not applicable), other than a company and partner of the firm are required to file the return.

Foreign Exchange Management Act (FEMA) Compounding: Common Queries Answered

Mitali 05 October 2024 at 17:10

For the purposes of compounding, the provisions under FEMA, the Foreign Exchange (Compounding Proceedings) Rules, 2024 and Directions - Compounding of Contraventions under FEMA, 1999, ‘may be referred to.