Explore the Supreme Court interpretation of Section 194-H of the Income Tax Act, 1961, analyzing the distinction between commission-based principal-agent relationships and discount-based sales.
CBIC Extends Due Date of Furnishing GSTR-1 for March 2024 to 12th April Due to Technical Issues on GST Portal vide Notification No. 09/2024 – Central Tax Dated: 12th April, 2024
Get the latest update: GSTN recommends extending GSTR-1 filing deadline to 12/4/24 due to technical issues. Read more for details.
Ministry of Finance addresses misconceptions regarding CBDT’s supposed special drive to reopen cases related to HRA claims, clarifying no such action is being taken.
CBDT has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from 1st April, 2024 onwards.
Stay informed about the Scheme for Payment of Pension to Central Government Pensioners by Authorised Banks with these FAQs. Updated as of April 01, 2024.
Income Tax Faceless Appeals before CIT (A). How to deal with this appeal in new Faceless Regime. Get the Answer of many Questions in this Regime like 1. How to prepare for the appeal / complexities / Do’s & don’t’ for the filing of the appeal. 2. How to deal with delay in filing of […]
Explore the latest guidelines issued by the Government of India’s Ministry of Finance for CGST field formations, emphasizing compliance and ease of doing business. Learn about the procedures and protocols outlined for engaging in investigations with regular taxpayers.
Explore the intricacies of Section 12AB registration for General Public Utility (GPU) organizations under the Income Tax Act. Learn about application procedures, conditions, and potential concerns.
Ministry of Finance reveals impressive growth in India’s direct tax collections for FY 2023-24, with net collections up by 19.88%, advance tax collections soaring by 22.31%, and refunds witnessing a substantial increase.
