Here is the good news for return filers under GST!!!Now, GST portal would allow amendments in B2B Invoices relating to Financial Year-17-18.GST portal has beenupdated already to allow updation in B2B invoices of FY-17-18.Those who were earlier worried about the wrong filling of GSTR-1 relating to FY-17-18 would now be relieved as they aregetting a …
Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following documented system of recording transactions. The purpose of Audit under GST is to verify the correctness of turnover declared, taxes paid, refund claimed and input tax credit …
What is the Annual return? Consolidation of information furnished in the forms GSTR 1 , GSTR 2 , GSTR 3 & GSTR 3B Details of Outward Supplies made and Inward Supplies received , categorized into different tax heads: IGST CGST SGST Types of GSTR 9 Forms There are 4 types of Annual Returns under GST: …
Forensic Auditing involves conducting examination and evaluation of a firm’s or individual’s financial information and legalities for determining whether any fraud or negligence has taken place and if yes, to use the evidence collected during such Audit in the court of law. ObjectiveThe objective of FORENSIC AUDIT is to find the audit evidences which are …