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The GST Portal has notified that the functionality to file a revocation application for cancellation of GST Registration has now been made available on the GST Portal. If the tax officer had rejected your application on or before the 12th of June, 2020 the application can now be filed again on the p..

Posted in GST |   1520 Views



Dear Professional Colleagues, The mammoth world with all its beautiful bounties, geographical riches, scientific innovations, exotic cultures and vast army of extraordinary human capital is one large family interconnected with the common goal for global health, peace, prosperity and progress. The..

Posted in Professional Resource |   328 Views



Shri Girish Chandra Murmu assumed office as the Comptroller and Auditor General of India here today. He belongs to Indian Administrative Service of Gujrat cadre (1985 batch). Shri Murmu succeeds Shri Rajiv Mehrishi, who demitted office on Friday. Prior to this, Shri Murmu was the first Lieutenant Go..

Posted in Audit |   189 Views



MAP GUIDANCE/2020 F.No. 500/09/2016-APA-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Foreign Tax and Tax Research Division-I APA-I Section New Delhi, dated the 7th August, 2020 Subject: Mutual Agreement Procedure (MAP) Guidance – Reg..

Posted in Income Tax |   2305 Views



ICAI had received various applications from the students registering for articleship, asking the Institue to extend the last date to submit the form and waive off the late fees as students are having trouble arranging judicial stamp papers and submission of the same because of the ongoing pandemic. ..

Posted in Students  4 comments |   994 Views



The Insititute of Chartered Accountants of India released an announcement to resolve the doubts of the students who are registering for the CA Foundation Exam and have still not received their original class 12th mark sheet because of the ongoing pandemic. The Institute asked students to upload an a..

Posted in Students  1 comments |   331 Views



New Functionalities have been deployed on the GST Portal today as notified by GSTN. Following functionalities are now available for the taxpayers on the Portal: 1. GSTR 9, Table 8A Excel Download: You can now download document-wise details of Table 8A of GSTR 9, from the portal. This will enable..

Posted in GST  3 comments |   1701 Views



The technical glitches on the GST Portal are not new for the taxpayers. Just when you think it could not get worse, a new problem emerges on the portal. A few days back taxpayers were complaining that they could not view, file, or download returns on the GST Portal for the year 2017. The data for th..

Posted in GST |   2459 Views



The Ministry of Finance took to Social Media and tweeted that the number of scrutinies has reduced drastically in the past assessment years.  For the AY 18-19, it has reduced to 0.25%. The Minister also announced that the department aims to complete all the faceless e-assessment cases by t..

Posted in Income Tax  2 comments |   1625 Views



3,130 tax personnel, including 600 IT officers are busy implementing the Faceless e-Assessment scheme of Income Tax. Out of 58,319 cases selected for faceless assessment, already 8,700 cases have been disposed off. The scheme, first announced by the Finance Minister Ms. Nirmala Sitharaman in the 201..

Posted in Income Tax |   328 Views


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