There is no proposal before Government, to reduce GSTE-Invoice threshold limit to Rs 5 Crore with effect from 01.01.2023, as no such recommendation has been made by GST Council
Clarification on the entitlement of input tax credit (ITC)where the place of supply is determined in terms of the proviso to sub-section (8) of section 12 of the Integrated Goods and Services Tax (IGST) Act , 2017 vide Circular No. 184/16/2022-GST Dated 27th December, 2022. Circular No. 184/16/2022-GST Dated 27th December, 2022 F. No. CBIC-20001/2/2022 […]
Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19 vide Circular No. 183/15/2022-GST Dated 27th December, 2022. GSTR 2A vs GSTR 3B- Mismatch – CA Certificate is to be submit before the AO during the Audit Circular […]
The Dubai government has introduced multiple changes in the Dubai tax procedures for 2022. The year 2023 is expected to be a landmark for implementing new tax and VAT procedures in Dubai.
Over the past 5 years, the GST Council through its various meetings have furthered the cause of co-operative federalism by addressing a number of GST related issues through dialogue. During this period tax related issues pertaining to Central levy and States levy were treated uniformly and resolutions were agreed upon only after extensive deliberations and discourse amongst the members.
Partial relaxation with respect to electronic submission of Form 10F by select category of taxpayers in accordance with the DGIT (Systems) Notification No. 3 of 2022.
Smt. Tajinder Pal Kaur Vs ITO (ITAT Amritsar) The assessee has challenged both the legal and factual grounds before the Bench. But during the appeal proceedings before the ld. CIT(A), the assessee had not challenged the legal grounds so there are first time challenging the issue before the ITAT. So, the entire legal ground was […]
Trading in cryptocurrencies has never been easy in India and after the initial confusion, all cryptocurrencies were banned for a long time. However, things have changed quite a bit in the last two years.
Are you looking to fulfil your dream of buying your home? If finances are a problem, then a home loan can help. Most lenders, banks or Non-Banking Finance Companies (NBFCs) offer loans to buy a home if you fulfil the eligibility requirements.
Real estate agencies have a lot of financial information to track, from rental income to property sales to commission payments. It can be easy for things to slip through the cracks without proper accounting management.
