Some of my CA friends are staying overnight at their offices to save time!
Some of my CA friends have been going office from 8am to 11pm and having meals at office only!
Some of my CA colleagues are in bad mental state due to enormous pressure of TAR due date.
This is not normal @FinMinIndia
CAs are called Partners in Nation Building.
Extend due date immediately. The relief is genuine and delaying it everyday makes it painful and unjustified!
Non-extension or delayed extension will kill SME firms!
Today u have lost 5 votes and i assure you i will never vote BJP in my entire life. The way you have made life miserable is beyond imagination. My daughter not well but still i have to work because of your faulty portal, arrogance and non extension. I don’t know if my vote will have any impact on your result or not. Will pray that u never come back to power again who has such a big ego and you also come across such situation in your life where u need to choose between your family and profession and you really feel helpless like me. @narendramodi@PMOIndia@FinMinIndia@nsitharaman@IncomeTaxIndia@theicai
Congratulations to all Indians!
✅ The original due date for ITR filing is already over.
⏳ The extended due date is still 43 days away.
But still:
– All ITR utilities are not yet released.
– The ones released are being updated again and again.
– Many ITRs already filed are still not processed.
This is the reality of our tax system.
Wishing strength to all sincere taxpayers.
Unfair GST Notices Due to System Issues in comparing Outward Liability from GSTR1/1A & GSTR-3B
The GST portal compares liabilities of GSTR-1 & GSTR-3B, ignoring adjustments/entries filed in GSTR-1A, causing unfair notices.
Example:
GSTR-1: ₹10L
GSTR-1A (Credit Note): ₹2L
Net Liability for the month: ₹8L
GSTR-3B: ₹8L
Despite filing correct info, notices are issued for a ₹2L "difference" due to the portal not considering GSTR-1A adjustments!!
This is unfair to taxpayers who provide correct information in prescribed forms, only to face Notices due to system errors.
Request @Infosys_GSTN & @cbic_india to look into the matter urgently & fix this issue to avoid unnecessary hardships.
Thanks @rakeshsinglaca for sharing Screenshots related to the issue.
Notification 07/2024 has been issued for Waiver of Interest of specifically 4 companies (all registered in West Bengal) citing that these Registered Person could not file return by due date because of TECHNICAL GLITCH and has sufficient Balance in Cash ledger or has deposited the challan :-
1. 19AAACI1681G1ZM-INDIAN OIL CORPORATION LTD
2. 19AAACW2192G1Z8-WACKER MERROARK CHEMICALS PVT LTD.
3. 19AABCD7720L1ZF-FRESENIUS KABI ONCOLOGY LIMITED
4. 19AAECS6573R1ZC-SAI SULPHONATES PRIVATE LIMITED
POTENTIAL QUERIES/CONCERNS OF REGULAR TAXPAYER [MSME] REGARDING ABOVE
@cbic_india@FinMinIndia@GST_Council
1. Out of more than 1.2 Cr GST dealers,only 4 faced this particular technical Glitch?
2. Till how many days/months did the Technical Glitch prevented filing of return?
3.Has this waiver of Int. issued on direction of High Court or any other judicial Authority?
4. Was there any window provided where Other Registered Dealers facing same issue can apply for relaxation or any Instruction to Jurisdictional Authority regarding relaxation on the same issue?
5. Can 4 Registered Dealers be categorized as 'Class of Registered Person' while exercising powers of S.148.
Will it be regarded as Reasonable Classification in terms of Article 14 of Constitution which talks abt EQUALITY?
During COVID-19, relief from Int. was granted based on Turnover Criteria which was a reasonable classification.
6. Will it not be an injustice to all the Tax payers who have sufficient balance in cash ledger but have filed the return with delay or incorrectly ended up paying Interest even when Challan was deposited/Cash ledger had sufficient balance?
Thank you @CAMihirModi for discussion & providing Inputs on this Notification and related aspects 👍
I was at the Eden Gardens for #AUSvsSA semi-final. After the match, I went to the washroom and overheard someone in the adjacent cubicle talking on the phone.
It was Jay Shah, talking to Rohit Sharma. He mentioned using a coin with 'heads' on both sides for the finals and suggested Rohit call 'heads' during the toss and bat first.
Furthermore, for India's batting, they planned to use a ball with a little iron at the center and boundary lines equipped with industrial-grade magnets to speed up the ball towards the boundary upon contact with the bat. Rohit replied, 'Great! 400 to kahi nahi gaya matlab!'
Shah further said that for Australia's batting, they would lay down artificial grass on the pitch during the innings break so that the ball swings. He also mentioned that, in a worst-case scenario, he would deploy snipers on the top of the buildings around the stadium to shoot the Ieg of any Australian batsman who threatens to chase down India's total.
Rohit responded, 'Sounds good. Jeetne ke baad mai terko thank you tweet karega.'
This is not a competition but a joke! Mera to bharosa uth gaya. I can't bear to see the game I love so much being mocked like this!