How to safeguard us via Incorrect GSTN reporting in GSTR 1? Under GST, a return that has been submitted can not be modified. Any mistake in the return can be… Read More
Annual Information Statement feedback process The new AIS (Annual Information Statement) feedback process enhances taxpayer services and compliance ease by allowing users to review their transactions and submit feedback. Here… Read More
ICAI Disciplinary Action on Chartered Accountant for False Declaration on INC-22 ICAI has imposed significant disciplinary measures on CA for professional misconduct. The CA has been debarred for 90 days… Read More
Individuals & Firm-Insolvency Resolution Process under IBC What is Eligibility for RP in the IBC Process for Individuals & Firms? Regulation 3 of the Insolvency and Bankruptcy Board of India… Read More
Income Tax Return Filing & Audit Report Deadlines for FY 2023-24 (AY 2024-25) In order to ensure compliance with income tax law and avoid penalties, certain deadlines are essential. To… Read More
Whether penalties u/s 271A & 271B can be levied simultaneously for same AY On 24 August 2023, the Raipur Bench of India's Income-tax Appellate Tribunal (ITAT) rendered a significant decision… Read More
How to delinking your Aadhaar from the wrong PAN. Taxpayers submit a request to your Jurisdictional Assessing Officer (JAO) for delinking your Aadhaar from the wrong PAN. And after D-Link… Read More
Income Tax Return Filing: Why You Should Wait Until June 15 to File ITR for FY 2023-24 Filing your income tax return (ITR) is an important financial task that every… Read More
Overview on Business Responsibility & Sustainability Reporting BRSR framework is a required disclosure mechanism that allows them to show their dedication to responsible business practices by reporting on their performance… Read More
What is a Foreign Tax Credit (FTC)? A Foreign Tax Credit (FTC) is a provision that allows residents to claim a credit against their Indian tax liability for income taxes… Read More