The Central Board of Indirect Taxes & Customs (CBIC) stated on Tuesday that Infosys reported a glitch in the “generation of April 2022 GSTR-2B and auto-population of GSTR-3B on portal”. It added that ...
This article outlines key GST and Income Tax resolutions for 2026. Following them helps taxpayers avoid penalties and stay compliant ...
GSTN said that GSTR-2B is going to be an auto-drafted ITC statement which will be generated for every registered person on the basis of the information furnished by his suppliers in their respective ...
The Goods and Services Tax Network (GSTN) has informed that GSTR-2B for December 2024 tax period will be generated after 2 days from the originally scheduled day of January 14, since the deadline for ...
Credit and Finance for MSMEs: The fraudulent Input Tax Credit (ITC) claims have been on the rise, especially with the uncovering of many fake firms which were set up to issue fake invoices. This may ...
In an effort to enhance input tax credit (ITC) ecosystem, an assessee will be able to use Invoice Management System (IMS) from October 1. This system will allow the recipient taxpayers to either ...
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