Know how rebate under Section 87A and short-term capital gains u/s 111A apply under the new tax regime for FY 2024-25, with examples and tax rules.
Learn about GST credit notes under Section 34, including issuance conditions, time limits, reporting in returns, and impact on supplier and recipient liabilities.
Learn about GST debit notes, their issuance, reporting, and ITC claims. Understand the rules, time limits, and impact on supplier and recipient returns.
Discover essentials of PAN (Permanent Account Number) issuance, structure, and changes. Learn about Form-49A and Form-49AA requirements for Indian and non-resident entities.
Understand ITC reversal rules for banks & NBFCs. Compare Rule 38 & Rule 42 for ITC claims, exemptions, and GSTR-3B reporting. Find the best option for compliance.
Understand how to compute total income and tax liability under the Income Tax Act, including adjustments for business, capital gains, and other income.
Section 51 of GST mandates TDS deduction by government entities and PSUs for contracts over ₹2.5 lakh, excluding GST, with rates at 2% IGST or 1% CGST/SGST.
Understand e-invoicing under GST: turnover criteria, exceptions, applicable transactions, document types, and supply nature. Ensure compliance with GST regulations.
Learn about the Electronic Credit Reversal Statement, its exclusions, qualifying transactions, reporting guidelines, and alignment with GST regulations.
Learn about HSN/SAC code reporting rules in GST returns, including turnover thresholds, PAN-wise applicability, and mandatory codes for exports and B2B/B2C sales.
