Check if your bank account is valid for refund. Learn how to update or revalidate your account details on the e-filing portal. Get assistance and support.
Read about CBDT’s upcoming Special Campaign 3.0 for Swachhata (cleanliness) and resolution of pending matters. Learn about success of Special Campaign 2.0 and HARIT Aaykar initiative
CBIC’s latest GST amendments on valuing online gaming & casino transactions. Learn about Rule 31B & Rule 31C and their impact on industry.
Ministry of Finance’s latest update on Income Tax Returns (ITRs) for AY 2023-24. Over 6.84 crore ITRs verified, 2.45 crore refunds issued.
Explore the latest 2023 revision of the ICAI’s Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961. Learn about updates, compliance requirements, and the role of chartered accountants in the tax audit process.
Detailed analysis of NCLAT Chennai’s ruling in K Parthiban Rasu Vs Umiya Development Centre India Pvt. Ltd. & SBI case. Learn how it impacts insolvency law.
Required certificate under Section 65B(4) of of Evidence Act is unnecessary if original document itself is produced. This can be done by owner of a laptop computer, computer tablet or even a mobile phone, by stepping into witness box and proving that concerned device, on which original information is first stored, is owned and/or operated by him.
Ministry of Finance announced significant developments in GST revenue for August 2023. With a total collection of ₹1,59,069 crore, ministry reports an impressive 11% Year-on-Year growth.
A new ledger namely Electronic Credit and Re-claimed Statement is being introduced on the GST portal. This statement will help the taxpayers in tracking of their ITC that has been reversed in Table 4B(2) and thereafter re-claimed in Table 4D(1) and 4A(5) for each return period, starting from August return period.
On August 28, 2023, the Income Tax Department unveiled the most recent set of Frequently Asked Questions (FAQs) pertaining to Form 27C. As taxpayers grapple with their income tax obligations, these FAQs offer clarity and direction on how to approach Form 27C. Income Tax Department also informed that Functionality for Revision of Form 27C is now […]
