CBDT extends income tax exemption to FSSAI

The Central Board of Direct Taxes has extended the income tax exemption under section 10 of the Income-tax Act, 1961 to Food Safety and Standards Authority of India and the Pune Metropolitan Region Development Authority.

CBIC rolls out Automated Return Scrutiny Module for GST returns in ACES-GST backend application for Central Tax Officers

In the module, discrepancies on account of risks associated with a return are displayed to the tax officers. Tax officers are provided with a workflow for interacting with the taxpayers through the GSTN Common Portal for communication of discrepancies noticed under FORM ASMT-10, receipt of taxpayer’s reply in FORM ASMT-11 and subsequent action in form of either issuance of an order of acceptance of reply in FORM ASMT-12 or issuance of show cause notice or initiation of audit / investigation.