TRAN 1 & Revision Due date extended to 30th November 2017
 
The official GST Handle on Twitter of Ministry of Finance has tweeted that the FORM GST TRAN - 1 (with revision facility) for claiming transitional credit under GST is extended to 30th November 2017.…

The MCA has announced relaxation of additional fees and extension of last date upto 31 March 2018 for filing of AOC-4 XBRL E-Forms by Companies adhering to Ind AS under the Companies Act, 2013.

Income Tax E Filing Website Crashes wasting crucial time before due date 
Income Tax E Filing Website has stopped working since last 3 hours now. This is updated by many twitter users as well as many professional whatsapp groups and social media handles of…

Offline Tool for GSTR 2 with option to export data in Excel available on GSTN
GSTN Today made available and Offline Tool V2.1 with option to export data in Excel feature for creation and submission of GSTR-2.
Due Date for Filing GSTR-2 for the month of July…

Solution for accessing Income Tax E Filing Website
Income Tax E filing Website is giving trouble to many since today afternoon 1 PM today. Users across country are complaining about the same is not accessing. There seems a technical glitch in the E-filing…

CBEC Clarification on classification of Cut pieces of Fabrics under GST
Tax research Unit , Department of Revenue of Ministry of Finance have issues Circular No.13/13/2017-GST clarifying Doubts raised regarding the classification of Cut pieces of Fabrics…

Important ICAI Advisory to Members regarding Approval of TAX AUDIT REPORT
 Members are requested to advise their clients to timely approve the tax audit reports under their digital signatures for the AY 2017-18 uploaded by them on the e-filing portal
The…

At a meeting of the Group of Ministers on the functioning of GSTN, it was felt that the focus of the portal should now be on invoice matching done through the filing of GSTR-2, for which the last date is October 31.

The head of Bank Indonesia, Indonesia’s central bank, has threatened action against bitcoin adopters if the cryptocurrency is used as a method of payment.

GSTN system disables Option of filing earlier GSTR for those who have opted Composition
Many users are complaining that they are not getting the option of filing the returns prior to opting for composition scheme now as allowed by GST Council. 
The Official…

There are certain noteworthy trends in Indian real estate sector. Starting past five years, a gulf has been created between demand and supply of residential real estate market with prices touching rooftop and steep fall in buyers. The government has been…

New functionalities made available on GST Portal.
GSTN have updated that it has made following functionalities available on its portal
1)  GSTR-2 Offline Version 2.1 - New version of GSTR-2 offline tool is available on portal now. This will enable taxpayers…

CBEC denies It's Chief said

Solution from GSTN for Invoice Selection BLOCKED in GSTR 2
Many users are facing a glitch while filing GSTR 2 on GSTN portal that they are not able to select or edit the invoices seen under UPLOADED BY SUPPLIER tab.
GSTN today have tweeted that The error…

Due Date for filing GSTR 2 & 3 for July extended by one month
Finance Ministry extends last date extends last date for filing of GSTR-2 for July to November 30 and for filing of GSTR-3 for July to December 11 as per CNBC TV 18 Tweet as below. 
Please wait…