# compliance
12 posts in `compliance` tag
GSTR-9 Table 8A Shake-Up: New Auto-Population Rules for FY 2024-25
GSTN has changed how Table 8A in GSTR-9 is auto-filled. Starting FY 2024-25, it will include invoices from both the current and next financial year, making ITC reconciliation more accurate. Learn what’s included, what’s excluded, and how to prepare.
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By Krishna
GSTR-9 and GSTR-9C Filing for FY 2024-25 is Now Open
The GST portal has enabled GSTR-9 and GSTR-9C forms for FY 2024-25 starting October 12, 2025. Taxpayers can now file their annual returns and reconciliation statements before the December 31 deadline. Learn who needs to file and how to prepare.
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By Krishna
DIR-3 KYC Deadline Extended to October 31, 2025 – No Late Fees
The Ministry of Corporate Affairs (MCA) has extended the DIR-3 KYC deadline to October 31, 2025. This allows directors to file without incurring the ₹5,000 late fee and avoid DIN deactivation. Learn who needs to file, which form to use, and why early action is crucial.
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By Krishna
GSTN Clarifies: No Change in ITC Auto-Population from GSTR-2B to GSTR-3B
GSTN has issued a clarification confirming that the auto-population of Input Tax Credit (ITC) from GSTR-2B to GSTR-3B remains unchanged, even after the implementation of the Invoice Management System (IMS). GSTR-2B will continue to be generated automatically on the 14th of every month. This update helps clear confusion and reassures taxpayers that their filing process remains stable.
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By Krishna
GST Appeals Made Easier: Lower Pre Deposit Rules Under Finance Act 2025
The Finance Act 2025 brings relief to businesses by reducing the pre-deposit requirement for penalty only GST appeals from 25% to 10%. Tax appeals remain unchanged at 10%. Businesses can now use Input Tax Credit (ITC) for deposits, improving cash flow and easing compliance. These changes will be effective after CBIC notification.
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By Krishna
GST Changes from October 2025: What You Need to Know
Starting October 2025, the GST system will undergo major changes affecting how businesses file returns and claim input tax credit. Key updates include manual ITC acceptance, locked GSTR-3B liabilities, new credit note rules, and invoice-level TDS reporting. Businesses must adapt to stay compliant and avoid filing issues.
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By Krishna
ITR Filing Deadline Extended: Relief for Tax Audit Cases
The Gujarat High Court has directed the CBDT to extend the Income Tax Return (ITR) filing deadline for tax audit cases from October 31 to November 30, 2025. This move provides much-needed relief to taxpayers and professionals, allowing more time for accurate filing and reducing stress.
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By Krishna
Compliance Calendar October 2025 – Key Tax and Regulatory Deadlines
October 2025 is packed with critical tax and regulatory deadlines. This blog highlights key dates for income tax, GST, MCA filings, EPF/ESI contributions, and audit-related submissions to help you stay compliant and avoid penalties.
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By Krishna
ITAT Ahmedabad: No Penalty for Late TDS Remittance under Section 271C
In a landmark ruling, ITAT Ahmedabad has held that penalty under Section 271C of the Income Tax Act is not applicable for delayed remittance of TDS, provided the tax was deducted and paid with interest. This decision, based on Supreme Court precedent, offers relief to taxpayers facing procedural delays.
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By Krishna
MCA Extends DIR-3 KYC Deadline to October 15, 2025 - File Without Fees
The Ministry of Corporate Affairs has extended the DIR-3 KYC filing deadline from September 30, 2025 to October 15, 2025, without any filing fees. This compliance requirement applies to all directors holding a DIN. Directors can file either DIR-3 KYC (with DSC) or DIR-3 KYC-WEB (OTP-based) forms. Non-compliance will result in DIN deactivation, penalties up to ₹5,000, and disqualification from director appointments. The extension follows stakeholder representations requesting additional time for compliance.
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By Krishna
Breaking: Presumptive Taxation Moves to Section 58 - Complete Guide
The Income Tax Act 2025 introduces Section 58, replacing Section 44AD for presumptive taxation of small businesses. This provision applies to eligible assessees with turnover up to ₹2-3 crore, offering simplified tax computation at 6% for digital transactions and 8% for other receipts, or actual profit—whichever is higher. The change promotes digital payments and reduces compliance burden for small businesses while maintaining revenue collection efficiency.
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By Krishna
ITR-6 Online Filing AY 2025-26: Updated Utilities, Deadlines & Step-by-Step Process
The Income Tax Department has enabled online filing of ITR-6 for Assessment Year 2025-26, along with updated offline utilities. All companies except those claiming Section 11 exemption must file by the specified deadlines. This comprehensive guide covers eligibility, filing steps, critical deadlines, and common errors to avoid for seamless compliance
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By Krishna