Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
For FY 2023-24 onwards, Table 8A of Form GSTR-9 will be auto-populated from GSTR-2B, leading to a mismatch between values in Tables 8A and 8C. The advisory provides guidance on reporting various scenarios in GSTR-9, such as invoices reported late by suppliers, ITC reversed and reclaimed due to non-payment within 180 days, ITC claimed for goods not received, invoices belonging to the previous year appearing in Table 8A, and ITC claimed, reversed, and reclaimed in the same year. The key is to accurately report ITC in the appropriate tables (8C, 13, 6H, etc.) based on the specific circumstances, following the instructions provided.
For FY 2023-24 onwards, Table 8A of Form GSTR-9 will be auto-populated from GSTR-2B, leading to a mismatch between values in Tables 8A and 8C. The advisory provides guidance on reporting various scenarios in GSTR-9, such as invoices reported late by suppliers, ITC reversed and reclaimed due to non-payment within 180 days, ITC claimed for goods not received, invoices belonging to the previous year appearing in Table 8A, and ITC claimed, reversed, and reclaimed in the same year. The key is to accurately report ITC in the appropriate tables (8C, 13, 6H, etc.) based on the specific circumstances, following the instructions provided.
Note: It is a system-generated summary and is for quick reference only.
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