The Finance Act (No. 2), 2024, has brought a significant change by imposing a time limit on TDS correction statements. Until now, there was no restriction on how long these corrections could be made, leading to frequent and sometimes dubious revisions. This change aims to bring more transparency and prevent misuse.
Learn how to register your e-commerce business for GST online in India. This guide covers eligibility, documents, application steps, and compliance requirements.
Budget 2025 highlights income tax changes, revised tax slabs, TDS amendments, IFSC incentives, updated return filing limits, and deductions under NPS & savings schemes.
Input tax credit (ITC) claims under GST are proving challenging for taxpayers. Stringent conditions, supplier issues, and court rulings create uncertainty. Proper documentation is crucial for businesses to avoid penalties and ITC rejection.
Board resolution for altering the object clause and calling an EGM. Includes approval process, necessary amendments, and compliance with legal requirements.
A Practicing Company Secretary ensures legal compliance, corporate governance, and advisory roles in businesses. Learn about their services and representation powers.
The GST Amnesty Scheme under Section 128A offers a waiver of interest and penalties on tax demands for FY 2017-18 to 2019-20. Learn about key deadlines and rules.
The Income Tax Bill 2025, set to replace the 1961 Act, redefines the role of Chartered Accountants in tax compliance and representation, effective from April 1, 2026.
The key question under discussion is whether the Reserve Bank of India (RBI) qualifies as a banking company under Section 17(4) of the CGST Act, 2017, thereby making it subject to the 50% Input Tax Credit (ITC) restriction.
The Supreme Court emphasizes strict scrutiny of FIRs under stringent laws like the UP Gangsters Act to prevent misuse in property disputes, safeguarding constitutional rights.
