@abhishekrajaram's Latest X Threads

Q. Can a Chartered Accountant in practice disclose information acquired in the course of his professional engagement? Ans. No, as per Clause (1) of Part I of Second Schedule to the Act, a Chartered Accountant in practice shall be deemed to be guilty of professional misconduct, if he discloses information acquired in the course of his professional engagement to any person other than his client so engaging him, without the consent of his client or otherwise than as required by any law for the time being in force. Question 72 of FAQ's on Ethical Issues by ICAI [img:LM3Sc_T1T]

𝗠𝗮𝗻𝘂𝗮𝗹 > 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗘𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗼𝗳 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗣𝗲𝗿𝗶𝗼𝗱 𝗳𝗼𝗿 𝗖𝗮𝘀𝘂𝗮𝗹 / 𝗡𝗼𝗻 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁 𝗧𝗮𝘅𝗮𝗯𝗹𝗲 𝗣𝗲𝗿𝘀𝗼𝗻 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝘀𝘁𝗲𝗽𝘀 𝗶𝗻𝘃𝗼𝗹𝘃𝗲𝗱 𝗶𝗻 𝗮𝗽𝗽𝗹𝘆𝗶𝗻𝗴 𝗳𝗼𝗿 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗲𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗼𝗳 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗽𝗲𝗿𝗶𝗼𝗱 𝗳𝗼𝗿 𝗖𝗮𝘀𝘂𝗮𝗹 / 𝗡𝗼𝗻 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁 𝗧𝗮𝘅𝗽𝗮𝘆𝗲𝗿 𝗼𝗻 𝘁𝗵𝗲 𝗚𝗦𝗧 𝗣𝗼𝗿𝘁𝗮𝗹? For applying for Registration for extension of registration period for Casual / Non Resident Taxpayer on the GST Portal, perform the following steps: 1. Access the gst.gov.in URL. The GST Home page is displayed. 2. Login to the GST Portal with valid credentials. 3. Click the Services > Registration > Application for Extension of Registration period by Casual/Non Resident Taxable person link. [img:bxqKJgMxb]

𝗠𝗮𝗻𝘂𝗮𝗹 > 𝗩𝗶𝗲𝘄𝗶𝗻𝗴 𝗣𝗿𝗼𝘀𝗲𝗰𝘂𝘁𝗶𝗼𝗻 𝗡𝗼𝘁𝗶𝗰𝗲 𝗜𝘀𝘀𝘂𝗲𝗱 𝗯𝘆 𝗧𝗮𝘅 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹𝘀 𝗛𝗼𝘄 𝗰𝗮𝗻 𝗜 𝘃𝗶𝗲𝘄 𝗣𝗿𝗼𝘀𝗲𝗰𝘂𝘁𝗶𝗼𝗻 𝗡𝗼𝘁𝗶𝗰𝗲 𝗶𝘀𝘀𝘂𝗲𝗱 𝗯𝘆 𝗧𝗮𝘅 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹𝘀 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝗺𝘆 𝗰𝗮𝘀𝗲? To view Prosecution Notice issued by Tax Officials against your case, perform the following steps: 1. Access the gst.gov.in URL. The GST Home page is displayed. 2. Login to the portal with valid credentials. 3. Dashboard page is displayed. Click Dashboard > Services > User Services > View Additional Notices/Orders [img:k1EoWry7H]

𝗠𝗮𝗻𝘂𝗮𝗹 > 𝗙𝗶𝗹𝗶𝗻𝗴 𝗿𝗲𝗽𝗹𝘆 𝗳𝗼𝗿 𝗽𝗿𝗼𝗰𝗲𝗲𝗱𝗶𝗻𝗴𝘀 𝗶𝗻𝗶𝘁𝗶𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗥𝗲𝗺𝗮𝗻𝗱𝗲𝗱 𝗖𝗮𝘀𝗲𝘀 𝗛𝗼𝘄 𝗰𝗮𝗻 𝗜 𝘁𝗮𝗸𝗲 𝗮𝗰𝘁𝗶𝗼𝗻 𝗶𝗻 𝗽𝗿𝗼𝗰𝗲𝗲𝗱𝗶𝗻𝗴𝘀 𝗳𝗼𝗿 𝗥𝗲𝗺𝗮𝗻𝗱𝗲𝗱 𝗖𝗮𝘀𝗲𝘀 𝗮𝗻𝗱 𝗔𝗽𝗽𝗲𝗮𝗹 𝗘𝗳𝗳𝗲𝗰𝘁𝘀 𝗶𝗻𝗶𝘁𝗶𝗮𝘁𝗲𝗱 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝗺𝗲 𝗯𝘆 𝘁𝗵𝗲 𝗧𝗮𝘅 𝗢𝗳𝗳𝗶𝗰𝗲𝗿? To take action in proceedings for Remanded Cases and Appeal Effects, perform following steps: • Navigate to View Additional Notices/Orders page to view Notices and Orders issued against you by Adjudicating or Assessing Authority (A/A) • Take action using REPLIES tab of Case Details screen: View/Add your reply to the issued Notice • Take action using ORDERS tab of Case Details screen: View issued Order

Reply to Notice where Tax has been discharged adequately through amendments in GST Return and GST Annual Return. Steps to download the file: 1) 𝗙𝗼𝗹𝗹𝗼𝘄 𝗺𝗲 else DM will not work 2) Reply to post/tweet "𝗦𝗖𝗡" 3) 𝗖𝗵𝗲𝗰𝗸 your 𝗗𝗠 4) Follow steps to download file 5) 𝗝𝗼𝗶𝗻 our 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗚𝗿𝗼𝘂𝗽 for 𝗙𝗥𝗘𝗘 Note: Post valid for first 400 DM or 24 hours, whichever is earlier. [img:DG1fAwjeE]

🧾 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆: 𝗔𝗽𝗽𝗲𝗮𝗹 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗮𝗹 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 𝗖𝗹𝗮𝗿𝗶𝗳𝗶𝗲𝗱 𝘂𝗻𝗱𝗲𝗿 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟭𝟮𝟴𝗔 𝗪𝗮𝗶𝘃𝗲𝗿 𝗦𝗰𝗵𝗲𝗺𝗲 𝟭️ 𝗙𝗮𝗰𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 (𝗖𝗵𝗿𝗼𝗻𝗼𝗹𝗼𝗴𝘆): • 14th May 2025: GSTN issued an Advisory clarifying technical and procedural aspects of withdrawing an appeal (APL-01) to comply with the Waiver Scheme under Section 128A. • Appeal withdrawals may occur before or after issuance of APL-02 (final acknowledgment). [img:RZ36Z_DHS]

𝗠𝗮𝗻𝘂𝗮𝗹 > 𝗙𝗶𝗹𝗶𝗻𝗴 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗚𝗿𝗶𝗲𝘃𝗮𝗻𝗰𝗲𝘀 (𝗙𝗢𝗥𝗠 𝗚𝗦𝗧 𝗣𝗠𝗧-𝟬𝟳) 𝗛𝗼𝘄 𝗰𝗮𝗻 𝗜 𝘀𝘂𝗯𝗺𝗶𝘁 𝗴𝗿𝗶𝗲𝘃𝗮𝗻𝗰𝗲𝘀 / 𝗰𝗼𝗺𝗽𝗹𝗮𝗶𝗻𝘁𝘀 𝗿𝗲𝗴𝗮𝗿𝗱𝗶𝗻𝗴 𝗚𝗦𝗧 𝗣𝗼𝗿𝘁𝗮𝗹? 𝗢𝗥 𝗛𝗼𝘄 𝗰𝗮𝗻 𝗜 𝘀𝘂𝗯𝗺𝗶𝘁 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗚𝗿𝗶𝗲𝘃𝗮𝗻𝗰𝗲 𝗢𝗳𝗳𝗶𝗰𝗲𝗿𝘀 𝗳𝘂𝗿𝘁𝗵𝗲𝗿 𝗾𝘂𝗲𝗿𝘆? To submit a grievances / complaints regarding GST Portal, perform the following steps: 1. Access the gst.gov.in URL. The GST Home page is displayed. 2. Login to the GST Portal with valid credentials. Note: Grievances can be submitted either before or after logging-in to the GST Portal, however, payment related grievances can only be submitted by registered users or Taxpayers, since they are required to mention the GSTIN. 3. Click the Services > Payments > Grievance against Payment (GST PMT-07) command. [img:0Y9Hxrs9o]

DRAFT REPLY TO NOTICE OF DISCREPANCY IN SUPPLY VALUES REPORTED IN GSTR-1 VIS-À-VIS GSTR-3B Steps to download the file: 1. 𝗙𝗼𝗹𝗹𝗼𝘄 𝗺𝗲 else DM will not work 2. 𝗥𝗲𝗽𝗹𝘆 to this tweet/post with "𝗠𝗶𝘀𝗺𝗮𝘁𝗰𝗵" 3. Check your 𝗗𝗠 4. Follow the steps to 𝗱𝗼𝘄𝗻𝗹𝗼𝗮𝗱 the file 5. Bonus: 𝗝𝗼𝗶𝗻 our 𝗙𝗥𝗘𝗘 Tax Updates 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗚𝗿𝗼𝘂𝗽 Note: This is valid for the 𝗳𝗶𝗿𝘀𝘁 𝟰𝟬𝟬 𝗗𝗠 𝗼𝗿 𝟮𝟰 𝗵𝗼𝘂𝗿𝘀, whichever is earlier. [img:diSF7515U]

𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗦𝘂𝗺𝗺𝗮𝗿𝘆: 𝗕𝗖𝗗 𝗘𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻 𝗼𝗻 𝗜𝗺𝗽𝗼𝗿𝘁𝗲𝗱 𝗪𝗼𝗿𝗸𝘀 𝗼𝗳 𝗔𝗿𝘁 𝗮𝗻𝗱 𝗔𝗻𝘁𝗶𝗾𝘂𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗣𝘂𝗯𝗹𝗶𝗰 𝗗𝗶𝘀𝗽𝗹𝗮𝘆 𝟭️𝗙𝗮𝗰𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 : • 9th May 2025: Government of India issued Notification No. 29/2025-Customs. • Purpose: To exempt Basic Customs Duty (BCD) on import of works of art and antiques intended for public exhibition in museums or galleries. [img:WBAVrnwMC]

𝗠𝗮𝗻𝘂𝗮𝗹 > 𝗔𝗰𝗰𝗲𝗽𝘁𝗶𝗻𝗴/ 𝗥𝗲𝗷𝗲𝗰𝘁𝗶𝗻𝗴 𝗧𝗮𝘅𝗽𝗮𝘆𝗲𝗿 𝗜 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗔𝗰𝗰𝗲𝗽𝘁 / 𝗥𝗲𝗷𝗲𝗰𝘁 𝗮 𝗧𝗮𝘅𝗽𝗮𝘆𝗲𝗿’𝘀 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗿𝗲𝗾𝘂𝗲𝘀𝘁. 𝗛𝗼𝘄 𝗱𝗼 𝗜 𝗱𝗼 𝘁𝗵𝗮𝘁? Perform the following steps to Accept / Reject a Taxpayer’s engagement request: 1. As a GST Practitioner, visit the URL: gst.gov.in, and login to the GST Portal with your user-ID and password. 2. Once the GST Practitioner’s dashboard is displayed, click the ACCEPT/ REJECT TAXPAYER button from the Home screen. [img:TAjIJjrIQ]