Complete Overview Analysis of its scope, applicability, & Importance of Section 50Dย Section 50D of the Income Tax Act is a key provision that deals with the valuation of capital… Read More
Self-invoicing, Time of supply for registered & Unregistered suppliers under RCM The recent changes effective from 1st November 2024 in the GST framework related to Self-Invoicing and the Time of… Read More
CBIC ๐ก๐ผ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป:ย ๐๐ฆ๐ง ๐ฅ๐ฒ๐๐๐ฟ๐ป ๐๐ฎ๐๐ฒ ๐๐ฒ๐ฒ๐ ๐ช๐ฎ๐ถ๐๐ฒ๐ฑ The Central Board of Indirect Taxes and Customs has issued a notification waiving late fees for filing GST Returns (FORM GSTR-7) after the… Read More
What is Penalties for Non-compliance of MCA Notification on Audit Trail (Edit Log) w.e.f 1st April 2023 The penalties for non-adherence to the MCA Notification on Audit Trail (Edit Log),… Read More
Income Tax and GST - October 2024 Statutory and Tax Compliance Deadlines Read More
CBDT Guideline: Apply for condonation delay in filing ITRs for claims refunds or C/F losses New guidelines issued by the CBDT streamline the process for condonation of delay in filing… Read More
TDS Rate Chart SummaryโFY 2025โ26 (AY 2026โ27) Effective from 1 April 2025, theย chart shows revised higher TDS thresholds, meaning no TDS will be deducted until the income crosses these new… Read More
No required to pay interest & penalty on GST tax demand; conditional waiver from Nov 1, 2024 Central Board of Indirect Taxes and Customs has introduced Section 128A into the… Read More
GST treatment on cross-border advertising services offered by Indian companies to foreign clients The Circular No. 230/24/2024-GST, dated 10th September 2024, provides significant clarifications on the GST treatment of advertising… Read More
Extension of last date for payment of Membership/COP fee for the year 2024-25 to 31st December 2024 Council of ICAI has decided to extend the last date for payment… Read More