Understand UDIN requirements for Bank Audit including LFAR, Certificates, and Tax Audit Reports. Learn how to generate UDINs and comply with audit regulations efficiently.
GSTN’s new protocol will treat selected IRN input fields as case-insensitive. This includes GSTINs, invoice numbers, and document identifiers, effectively neutralizing rejections caused purely by letter casing mismatches.
As the new financial year begins, individual taxpayers must take note of several important amendments in the Income Tax Act that come into force from 1st April 2025. These changes are primarily aimed at reducing the tax burden for middle-class earners while also encouraging more individuals to adopt the simplified new tax regime.
Avoid common errors in LLP annual return filing like missed deadlines, incorrect forms, and DSC issues. Ensure compliance and avoid penalties with timely action.
Understand Form 29B and 29C under Sections 115JB & 115JC for MAT and AMT audits. Know applicability, filing, and compliance requirements for companies and firms.
Tamil Nadu AAR rejects rectification plea, affirms tapioca flour classification as starch residue, not exempt, under GST.
ICAI’s Jan 2025 study reveals common Ind AS 115 non-compliance: issues in timing methods, reconciliation,
TN AAR rejects ISRO Propulsion Complex’s plea on GST rate (5%/12%) for reimbursing Tata Projects. Held recipient can’t seek ruling on supplier’s liability (Sec 97(2)).
Tamil Nadu AAR rules Tiruppur Municipal Corporation’s onion market fee collection via contractor is GST exempt, as public amenity.
Tamil Nadu AAR exempts facility management services in government hospitals from GST, classifying them as public health activities.
