Learn how employer contributions over ₹7.5 lakhs are taxed under Section 17(2)(viia), including rules for taxable perquisites and accretions in PF, pension, and NPS.
Understand CBIC’s Circular No. 211/5/2024-GST clarifying the ITC time limit under section 16(4) of CGST Act for supplies under RCM from unregistered persons.
Explore how CBIC’s Circular No. 213/07/2024-GST clarifies GST implications on ESOPs, ESPPs, and RSUs from foreign affiliates, ensuring clarity on tax exemptions and liabilities.
Discover CBIC’s latest circular setting monetary limits for GST appeals. Understand how these limits streamline litigation and impact taxpayer rights.
Understanding new GST circular: Equal treatment for domestic and foreign affiliate services. Find out how this impacts cross-border transactions.
With the financial year 2023-24 approaching its end, ensuring compliance with the GST regulations is crucial. To navigate this process smoothly and avoid any last-minute rush, a well-defined year-end GST compliance checklist is important. This comprehensive list serves as a roadmap, guiding us through the key tasks that need to be completed before the deadline. […]
Explore IBBI’s 2024 Amendments for smoother liquidation journeys. Learn about disclosures, timelines, and stakeholder entitlements.
Explore the latest changes in Section 43B(h) of the Income Tax Act, affecting payments to Micro and Small Enterprises. Learn the implications, compliance steps, and safeguard your business.
Stay compliant with latest tax regulations! Discover the extended deadline for reporting ITC reversal on GST portal. Explore amendments, innovations, and GSTN’s commitment.
Understand the new Electronic Credit and Re-claimed Statement feature, reporting obligations, and reconciliation procedures. Key dates: November 30, 2023, for reporting and December 31, 2023, for amendments.
