A PAN card fraud occurs when someone misuses another's PAN to open accounts, create companies, obtain loans, or evade taxes. The fraud is often discovered via unexpected tax notices
GST portal outages ahead of the January 11 deadline for December 2024 returns leave businesses struggling, with taxpayers urging an extension
The government has extended by two months till February 28 the deadline for businesses to file GST annual returns for 2020-21 fiscal ended March 2021. "The due date for furnishing annual return in FORM GSTR-9 & self-certified reconciliation statement in FORM GSTR-9C for the financial year 2020-21 has been extended from 31.12.2021 to 28.02.2022," the Central Board of Indirect Taxes & Customs (CBIC) said in a late-night tweet on Wednesday. GSTR 9 is an annual return to be filed yearly by taxpayers registered under the Goods and Services Tax (GST). It consists of details regarding the outward and inward supplies made or received under different tax heads. GSTR-9C is a statement of reconciliation between GSTR-9 and the audited annual financial statement. Furnishing of the annual return is mandatory only for taxpayers with aggregate annual turnover above Rs 2 crore while a reconciliation statement is to be furnished only by the registered persons having aggregate turnover above Rs .
The government had in May extended the last date for filing annual GST return for financial year 2018-19 by three months till September 2020
These feedback sessions would be attended by all prominent chambers of commerce and industry and other organisations representing taxpayers and tax practitioners
GSTN claimed that more than 11.52 lakh GSTR3B (October) returns were filed on Tuesday out of which about 1.82 lakh returns were filed in a peak hour
In a statement, the GSTN saidthat all information required have been placed at one place for the taxpayer filing the return