Explore the latest amendments to Integrated Tax Rates with Notification 01/2024. Effective from January 4, 2024, the changes impact Schedule I – 2.5% for specified entries.
Explore the latest amendments to Union Territory Tax (Rate) through Notification No. 01/2024. Updated entries in Schedule I – 2.5% effective from January 4, 2024
Explore significant changes in reporting ITC reversal, reclaim, and opening balance in Electronic Credit Reversal statements. Updated procedures, due dates, and insights explained.
Discover transformative RBI Internal Ombudsman Directions 2023, enhancing grievance resolution for banks, NBFCs, NBSPs, and CICs. Key provisions and compliance details explained.
Verifying payroll expenses is a pivotal element in the audit process for firms. Robust audit procedures are essential to ensure the accuracy and completeness of payroll expenses, safeguarding the integrity of financial statements.
In the context of the Income Tax Act of 1961 in India, winnings typically refer to income earned through activities such as lotteries, crossword puzzles, races, card games, gambling, betting, or any other kind of game of chance or skill.
Article clarifies the confusion surrounding Input Tax Credit (ITC), depreciation, and output tax on Sale of Used vehicles/Cars according to Notification No- 8/2018 (Central Tax Rate) dated 25.01.2018.
Explore the penalty order by the Ministry of Corporate Affairs for violation of Section 137 of the Companies Act, 2013 imposed on Venus Universal Ltd and its officers.
Explore intricacies of new 20% TCS on NRIs’ remittances in India. Learn about exemptions, challenges, and strategic steps to recover additional tax burden.
Explore the Delhi High Court judgment on refund applications, clarifying Rule 89(2) compliance. Learn how deficiencies may not apply if conditions are fulfilled.
