In case Want to update your address, business’s name, other details in the GST Registration Modification in GST Registration information: Businesses that offer goods with a sales of more than INR 40 lakh & Services with a Sale of more than INR 20 lakh must register for GST. After registration with the 15-digit GSTIN & …
GST Dept discovered 5k (Appx)Cr. of fake billing scandal. Investigators have discovered that at least 25% of the estimated Rs 20,000 crore of bogus billing took place in Gujarat, in a key breakthrough in the Bhavnagar fake billing scandal, which entailed altering with the Aadhaar data of unsuspecting people to fraudulently get GST registrations in …
Yamuna Expressway Authority (YEIDA) has been issued Fraud alert. The Yamuna Expressway Industrial Development Authority (YEIDA) has issued a public notice to warn potential buyers about a bogus website – www.yamunaawasiyabhukhand.in – that sells residential plots comparable to the YEIDA’s plot programme, which will be offered in September 2022. The interface is similar to the …
Overview YEIDA Authority Plot Online Application Guidance & Process The Yamuna Expressway Industrial Development Authority (YEIDA) has played an important role in the development of many plot schemes for residential, commercial and industrial ecosystems. The latest YEIDA plot schemes 2023 will offer applicants more payment options. Continue reading to learn more about the latest Yamuna …
Remedies available Via RERA /CPA /IBC BASIS RERA CPA IBC WHO CAN FILE A PURCHASER, HOME BUYER OR PROSPECTIVE PURCHASER/HOME BUYER OFFERED FLAT CAN FILE COMPLAINT IRRESPECTIVE OF THE FACT THAT SUCH PERSON IS CORPORATE ENTITY OR INDIVIDUAL. CONSUMER SATISFYING THE REQUIREMENT AS PROVIDED UNDER SECTION 2(D) OF CPA, CAN FILE A CPA COMPLAINT. TYPICALLY, …
Summary of income tax deduction under Chapter VI-A According to the Finance Act of 2023 : Deductions and exemptions available under new and old tax regimes are compared. Based on all investments and payments made/applicable to them, one may select between the Old Regime and the New Regime. SECTION DEDUCTION ON ALLOWED LIMIT (MAXIMUM) FY 2018-19 …
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 …
Clarifications/ Guidelines Issued By CBDT on Section 194R 1). The deductor is not needed to check whether the amount of perquisite/ benefit that he is providing would be taxable in the hands of the recipient under section 28. Income tax Section 194R casts an obligation on the person responsible for providing any benefit or perquisite …
Latest Update on Input Tax Credit under GST by the CBIC It was urged by the Supreme Court, that the GST council shall provide a special note to issues arising within the GST Act and also provide for a solution in respect of the formula for the assessment of claiming GST refund. CBDT provided that the taxpayers are quite liberalized …
Overview on “How is TDS (Tax Deducted at Source) Applied”? As the new income tax administration system takes effect, employees will have various concerns about their taxation, including the issue of tax deducted at source, which could be complex if a person is not knowledge about taxation and accounting with finance. The new tax regime …