Explore history of GSTR-3B due dates for GST filing. Stay compliant to avoid penalties. Check comprehensive timeline of GSTR-3B due dates since inception.
Check the latest Customs exchange rates for foreign currencies to Indian rupees for imported and export goods. Effective from August 18, 2023.
Important update! CA Foundation Exam dates for Dec 2023 changed due to unavoidable circumstances. Check new schedule here. Stay updated on ICAI website.
Understand the discrepancies and mismatches between GSTR-2A, GSTR-2B, and GSTR-8A in the GST system. Learn the reasons, implications for taxpayers, and how to reconcile to ensure accurate input tax credit claims, avoid compliance issues, and maintain healthy cash flow.
Discover the nuances of Section 43B of the Income Tax Act, outlining deductible expenses under the ‘Profits and Gains of Business or Profession.’ Uncover the conditions for deductions, including taxes, employee benefits, interest on loans, and more. Ensure compliance and optimize benefits with expert consultation.
Explore Indonesia’s unique taxation system, covering individual tax slabs, business income taxation, corporate income tax, value-added taxation, and positive developments for taxpayers. Learn about the diverse income classifications and exemptions within the Indonesian tax framework. For accurate tax compliance, verify information and consult professionals.
Ministry of Finance introduces new rule for TDS on foreign currency income, specifying exchange rates for tax calculation. Learn about changes.
ITAT Mumbai held that the assessment order passed in the name of non-existing entity will not survive. Accordingly, the assessment order is liable to be quashed and set aside.
ITAT Delhi held that addition on account of trading loss on sale of tools and dies unsustainable as the loss was incurred for sustainable and longer partnership and the same has given rise to generation of profits in subsequent years.
ITAT Lucknow held that amount of disallowance of expenditure, on presumption of leakage in the form of expenditure of personal nature, reduced as found that total amount of disallowance by lower authority was excessive and unreasonably high.