Understand the implications of GST ITC reversal due to supplier defaults. Explore legal judgments and provisions to safeguard taxpayers’ interests.
Explore the implications of GST on contributions to housing societies. Learn about exemptions, liability on corpus funds, and taxation on common area electricity charges.
Explore the ruling by the West Bengal Appellate Authority for Advance Ruling on Input Tax Credit (ITC) for constructing immovable property let out for commercial use.
Learn about Section 139(8A) effective from April 1, 2022, its impact on tax filing, rules, and when to file updated returns. Get insights now!
Discover essential steps for an effective bank branch statutory audit, from initial preparation to finalization of reports. Explore detailed analysis and key considerations.
Madras High Court directs YouTuber to pay Rs 50 lakh compensation for posting defamatory video falsely linking an organization to a crime. Analysis of the landmark judgment.
Discover real-life bank fraud cases involving misappropriation of funds, forgery, and cyber fraud. Learn valuable insights to prevent financial losses and safeguard your institution.
Explore the Section 43B(h) amendment of the Income Tax Act, its link with the MSMED Act, and the implications for timely payments to micro and small enterprises.
Learn about Advance Pricing Agreements (APAs) and Mutual Agreement Procedures (MAPs) in international taxation. Understand their effectiveness, compliance, and applicability in resolving transfer pricing disputes.
Stay updated on the latest GST portal changes! Learn about disclosures for E-commerce supplies and GSTR-1 amendments effective from January 2024.