Income Tax Bill 2025: Indian citizen-deemed residency

1 year ago

Income Tax Bill 2025: Concept of Indian citizen-deemed residency Meaning of deemed residency: The introduction of a new Resident but Not Ordinary Resident category aims to strike a balance between… Read More

PVC raincoats to attract 18 % GST – West Bengal AAR Ruling

1 year ago

PVC raincoats 𝘁𝗼 𝗔𝘁𝘁𝗿𝗮𝗰𝘁 𝟭𝟴 percentage 𝗚𝗦𝗧 – West Bengal 𝗔𝗔𝗥 𝗥𝘂𝗹𝗶𝗻𝗴 This West Bengal Authority for Advance Ruling highlights the importance of correctly classifying products under Goods and Services… Read More

Differences in surcharge rates between New & Old Tax Regime

1 year ago

Differences in surcharge rates between New Tax Regime & Old Tax Regime The new regime provides significant tax savings for high-income taxpayers, especially those earning above INR 5 crore or… Read More

Donated Excess 500k to political party under Investigation

1 year ago

Taxpayers who have donated more than Rs. 5,00,000/- to political parties under strict Income Tax surveillance This scrutiny by the Income Tax authorities highlights potential misuse of Section 80GGC, which… Read More

30kCr taxpayer Revise ITR & Disclosed Foreign Assets, Income

1 year ago

30k Cr taxpayers Revised their ITR & Disclosed Foreign Assets, Income In November 2024, the CBDT initiated a Compliance-Cum-Awareness Campaign for AY 2024-25. This campaign aimed to assist taxpayers in… Read More

Procedure to Increase Authorized Share Capital of Pvt ltd Co

1 year ago

Increase in authorised capital of a Private Limited Company in India Increasing the Authorised Share Capital of a Private Limited Company in India their is No approval from the Central… Read More

When a Delivery Challan Must Be Issued Under GST Regulations

1 year ago

When a Delivery Challan Must Be Issued Under GST Regulations in India This blog guide outlines key scenarios where a delivery challan is required under GST, along with mandatory documentation… Read More

FTC Not denied merely on procedural lapses if conditions met

1 year ago

ITAT Chandigarh Order Assessee Regarding FTC not be denied merely on procedural lapses if substantive conditions are met. Income Tax Appellate Tribunal Chandigarh in the case of Ashish Sood vs.… Read More

GSTN Biometric Authentication available for GST Registration

1 year ago

GSTN Introduces Biometric Authentication Facility in Home State for GST Registration The Goods and Services Tax Network has introduced a new facility allowing promoters and directors of a company to… Read More

GST collections rose by 9.1% to Rs. 1.84 lakh Cr in Feb 2025

1 year ago

GST collections rose by 9.1 percentage points to about INR 1.84 lakh crore in Feb 2025 Basic Key Insights from February 2025 GST Collections The 9.1% YoY rise in gross… Read More

Call Us Enquire Now