GST Notice

Notice 143(1) for GST/Other refund reported under Clause 16 of Tax Audit

From the FY 21-22, Form 3CD is required to be filed prior to ITR. After introducing this mechanism, there are many instances where 143(1) notices are received immediately after filing of return for mismatch between form 3CD & ITR. One such instance is non-disclosure of GST refunds as income u/s 26 of Income tax act. …

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