CA CMA CS YOUTH

NEW VS OLD INCOME TAX FORMS

We are looking candidates with 0 to 1 year of experience at our office situated in Faridabad
Name of Co.: *Dalip Kumar & Co.*, Practicing Cost Accountant (CMA)Firm,
*No. of Vacancies: 2-3 for the article/ trainee.
*Preferred qualifications* – CMA Inter
Stipend - As per institute norms.
*Job description* -GST related monthly compliance, Income Tax work, ROC Compliance.
Please share your CV on [email protected] or contact us on 9999961769, 9599650808

Important advisory for GSTR-9/9C

Starting FY 2023-24, GST system will auto-populate eligible ITC for domestic supplies (excluding reverse charge and imports ITC) from table 3(I) of GSTR-2B to table 8A of GSTR-9. These changes in GSTR-9 and 9C for the FY 2023-24 will be available on the GST portal from today i.e.,15th October 2024 onwards.
Further, a validation utility will be executed progressively (for validation by taxpayers) to complete the auto population of GSTR-9 from GSTR-2B for Apr-23 till Mar-24.

Recommendations of 53rd GST Council Meeting.

GST Council recommends waiving interest and penalties for demand notices issued under Section 73 of the CGST Act (i.e. the cases not involving fraud, suppression or wilful misstatement, etc.) for the fiscal years 2017-18, 2018-19 and 2019-20. if the full tax demanded is paid upto 31.03.2025.

GST Council recommends the time limit to avail input tax credit w.r.t. any invoice or debit note under Section 16(4) of CGST Act, through any GSTR 3B return filed upto 30.11.2021 for FY 2017-18, 2018-19, 2019-20 and 2020-21, may be deemed to be 30.11.2021.

For more information given below:-

Recommendations of 53rd GST Council Meeting – cacmacsyouth GST Council recommends waiving interest and penalties for demand notices issued under Section 73 of the CGST Act (i.e. the cases not involving fraud, suppression or wilful misstatement, etc.) for the fiscal years 2017-18, 2018-19 and 2019-20. if the full tax demanded is paid upto 31.03.2025. GST Cou...

CBIC reduces E-invoicing limit 5 cr from existing limit of 10 cr w.e.f. August 01, 2023

CBIC reduces E-invoicing limit 5 cr from existing limit of 10 cr w.e.f. August 01, 2023 – cacmacsyouth The CBIC issued Notification No. 10/2023–Central Tax dated May 10, 2023 to amend Notification No. 13/2020 – Central Tax, dated March 21, 2020 with effect from the 1st day of August, 2023, E-invoicing limit 5 cr from existing limit of 10 cr w.e.f. August 01, 2023 NotificationDownload Post navi...

*Important Advisory: Time limit for Reporting Invoices on the IRP Portal*
12/04/2023

Dear Taxpayers,

1. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores.

Important Advisory: Time limit for Reporting Invoices on the IRP Portal – cacmacsyouth Dear Taxpayers, For example, if an invoice has a date of April 1, 2023, it cannot be reported after April 8, 2023. The validation system built into the invoice registration portal will disallow the user from reporting the invoice after the 7-day window. Hence, it is essential for taxpayers to ensure...

Filing of manual Appeal Applications before 1st Appellate Authority.

The Commissionerate of CT & GST, Finance Department, Government of Odisha has issued Notification No. CCT-PEI-POL-0155-2021-4450/CT&GST dated March 10, 2023 regarding the Filing of manual Appeal Applications before 1st Appellate Authority under Odisha Goods & Services Tax Act, 2017 (“the OGST Act”).

Filing of manual Appeal Applications before 1st Appellate Authority – cacmacsyouth The Commissionerate of CT & GST, Finance Department, Government of Odisha has issued Notification No. CCT-PEI-POL-0155-2021-4450/CT&GST dated March 10, 2023 regarding the Filing of manual Appeal Applications before 1st Appellate Authority under Odisha Goods & Services Tax Act, 2017 (“the OGST Ac...