M A Gupta & Associates

05/11/2021

23/09/2021

AGM date extension granted for two months from the due date.

07/06/2021

Few new features on New Income tax website

• Immediate processing of ITR to issue quick refunds.
• All interactions and upload will be displayed on a single
dashboard.
• New call center to assist taxpayers.
• New mobile app will be launch.
• New payment option will be enabled such as UPI, Net banking, NEFT/RTGS and credit card.

28/05/2021

To provide relief to the taxpayers, late fee for non-furnishing FORM GSTR-3B for the tax periods from July, 2017 to April, 2021 has been reduced / waived as under: -

late fee capped to a maximum of Rs 500/- (Rs. 250/- each for CGST & SGST) per return for taxpayers, who did not have any tax liability for the said tax periods;

late fee capped to a maximum of Rs 1000/- (Rs. 500/- each for CGST & SGST) per return for other taxpayers;
The reduced rate of late fee would apply if GSTR-3B returns for these tax periods are furnished between 01.06.2021 to 31.08.2021.

28/12/2020

UDIN WINDOW EXTENDED TO JANUARY 31st
As an One-time condonation scheme, to regularize the non-generation of UDIN, it has been decided that Members will be allowed to generate the earlier missed UDINs for the documents signed between 1st February 2019 to 31st December, 2020. The scheme will be made available from 1st January 2021 till 31st January, 2021.

09/09/2020

General order for extension of time to hold Annual General Meeting (AGM) till December 31st for FY 2019-20

30/08/2020

GSTR-2B

30/08/2020

Two new Tables in GSTR-2A

26/08/2020

✅ Interest for delayed GST payment on Net Cash Tax Liability (w.e.f. 1st Sep, 2020)

Ref: Notification No. 63/2020-Central Tax dated 25th August 2020

21/08/2020

📢 *TODAY - 21.08.2020*

✅ *GST Updates*

*🎯New Registration Procedure in GST- Aadhaar Authentication w.e.f. 21st Aug, 2020.*

1. w.e.f. 21st August, 2020, undergo authentication of Aadhaar number and the date of submission of the application in such cases shall be the date of authentication of the Aadhaar number, or 15 days from the submission of the application in Part B of FORM GST REG-01 whichever is earlier.”.

2. Fails to undergo authentication of Aadhaar number as or does not opt for authentication of Aadhaar number, the registration shall be granted only after physical verification of the place of business in the presence of the said person.

3. As per Point No. 2, Notice in FORM GST REG-03 may be issued not later than twenty one days from the date of submission of the application.

4. Registration deemed to be granted if proper officer fails to take any action in 3 days/15 days/21 days/7 days as the case may be.