A summary of agricultural income as per the Income Tax Act 2025, defining what is included (rent, farming income, nursery income) and what is not (urban land sales, non-farming rent).
Understand what qualifies as a short-term capital asset in India, including the holding periods for different assets like property and shares. Learn about special calculation rules.
A summary of the definition of a “company in which the public are substantially interested” per the Income Tax Act, outlining the different categories that qualify for this status.
GSTN introduces Form DRC-03A to streamline demand payment adjustments. Taxpayers can now link DRC-03 payments with outstanding demands for accurate ledger updates.
Explore the key recommendations from the 53rd GST Council meeting, including waivers on penalties, amendments in appeal processes, and changes in GST rates and procedures.
Tax payers, whose registration has been cancelled on or before 31-12-2022 and failed to apply for revocation of cancellation within time period may apply for revocation up to 30-06-2023 after filing of all returns. Notification No. 06/2023-Central Tax 31-Mar-2023
Learn how to file your Income Tax Return (ITR) error-free with practical steps and essential documents. Get organized and complete your ITR hassle-free.
Result of 43rd GST Council Meeting held on 28th May 2021 1. Extension Of Due Date Of Filing GSTR-4 For FY 2020-21 To 31.07.2021.(Annual Return For Person Opted For Composition Scheme) 2. Extension Of Due Date Of Filing ITC-04 For Quarter ended March 2021 To 30.06.2021.(Details Of goods Dispatched to a Job Worker Or Received […]
Section 29 of CGST Act 2017: Cancellation or suspension of registration. (1) The proper officer may, either on his own motion or on an application filed by the registered person or by his legal heirs, in case of death of such person, cancel the registration, in such manner and within such period as may be […]