Categories: Others

Time Limit Imposed for Invoice Reporting on IRP Portal

Time Limit Imposed for Invoice Reporting on IRP Portal

The Government has imposed a time limit on reporting of old invoices on the IRP portal. This applies to individuals who have an Aggregate Annual Turnover equal to or exceeding 100 crores. Such taxpayers will not be allowed to report invoices that have exceeded 7 days on the date of reporting.

For instance, if an invoice was generated on April 12, 2023, you will no longer be able to report it after April 19, 2023 (after 7 days).

Other Important Details to Consider:

1.The time limit has been imposed only on E-Invoice. Reporting Debit/Credit notes shall remain unaffected.

2. For now, this time limit restriction does not apply to taxpayers with AATO less than 100 crores.

3. The time limit restriction shall become effective from May 1, 2023.

Rajput Jain & Associates

Rajput Jain & Associates is a Chartered Accountants firm, with it's headquarter situated at New Delhi (the capital of India). The firm has been set up by a group of young, enthusiastic, highly skilled and motivated professionals who have taken experience from top consulting firms and are extensively experienced in their chosen fields has providing a wide array of Accounting, Auditing, Taxation, Assurance and Business advisory services to various clients and their stakeholders. Rajput jain & Associates, a professional firm, offers its clients a full range of services, To serve better and to bring bucket of services under one roof, the firm has merged with it various Chartered Accountancy firms pioneer in diversified fields. We have associates all over India in big cities. All our offices are well equipped with latest technological support with updated reference materials. We have a large team of professionals other than our Core Team members to meet the requirements of our prospective clients including the existing ones. However, considering our commitment towards high quality services to our clients, our team keeps on growing with more and more associates having strong professional background with good exposure in the related areas of responsibility.

Recent Posts

Salary Rs 12.75 Lakh Still but Have to Pay Tax in FY 2025-26

Salary up to INR 12.75 Lakh? You May Still Have to Pay Tax in FY 2025-26 (AY 2026-27) Many salaried… Read More

13 hours ago

Gurugram Public Advisory Against Unauthorized PG/Guest House

Gurugram Issues Public Advisory Against Unauthorized PGs and Guest Houses The Office of the District Town Planner (Enforcement), Gurugram, has… Read More

13 hours ago

Difference in FCRA Amendment Rules, 2026 Vs FCRA Rules, 2011

FCRA Rules 2011 vs Foreign Contribution (Regulation) Amendment Rules 2026 The Ministry of Home Affairs notified the Foreign Contribution (Regulation)… Read More

2 days ago

All about Action Plan for Non-Filing of Form 10-IC

Action Plan for Non-Filing of Form 10-IC for AY 2020-21 and Addressing Tax Demand If your domestic company did not… Read More

4 days ago

All about Pre-Packaged Insolvency Resolution Process

All about Pre-Packaged Insolvency Resolution Process The Pre-Packaged Insolvency Resolution Process is a fast-track insolvency resolution mechanism under the IBC… Read More

1 week ago

Moratorium & Bankruptcy Application: Individual Insolvency

Moratorium and Bankruptcy Application under Individual Insolvency Proceedings in IBC, 2016 IBC provides a structured framework for resolving the insolvency… Read More

1 week ago
Call Us Enquire Now