Insights

The Ministry of Corporate Affairs (MCA) has mandated that, effective July 14, 2025, companies filing financial statements through eForm AOC-4 XBRL must attach a signed PDF of the authenticated financials, including the Board’s Report, Auditor’s Report, and annexures, as per Section 134 of the Companies Act, 2013.

From July 2025, GST returns cannot be filed after 3 years from their due date. This applies to returns like GSTR-1, 3B, 4, 5, 5A, 6, 7, 8, and 9. If you miss the 3-year deadline, you won’t be able to file the return later and may also lose your Input Tax Credit (ITC).

Taxpayers can no longer able to edit auto-populated values in GSTR-3B. This change is aimed at ensuring consistency with GSTR-1 and reducing mismatches and revenue loss. Any corrections must now be made through GSTR-1A before filing GSTR-3B. It’s important for businesses to reconcile their data accurately and on time to stay compliant.