Is GST Refund Taxable If It Is Reported in Form 3CD but Not Credited to the Profit & Loss Account? ITAT Bangalore Says No

Is GST Refund Taxable If It Is Reported in Form 3CD but Not Credited to the Profit & Loss Account? ITAT Bangalore Says No   Important Ruling on GST Refunds, Form 3CD Clause 16(B), Exclusive Method of Accounting, and Section 143(1) Adjustments The Central Processing Centre (CPC) has increasingly been making automated adjustments under Section 143(1) by…

The post Is GST Refund Taxable If It Is Reported in Form 3CD but Not Credited to the Profit & Loss Account? ITAT Bangalore Says No appeared first on The Tax Talk.