Learn about the importance of the GST Number (GSTIN), the process to apply for it, and how to verify its authenticity for seamless, compliant business transactions in India.
Calcutta High Court, in the case of M/s. Gargo Traders v. The Joint Commissioner, Commercial Taxes, held that a recipient of goods/services cannot be denied input tax credit (ITC) if the supplier becomes non-existent or their registration is retrospectively cancelled. The court directed the Revenue Department to consider the documents provided by the assessee to substantiate the genuineness of the transaction.
Finance Act, 2023 introduced amendments to Section 142(2A) of the Income Tax Act, 1961. This article provides an overview and analysis of the amendments, including changes to inquiry before assessment, expenses of audit or inventory valuation, opportunity of being heard, time limits, power to make rules, and the valuation of inventories.
Discover the amendment to Unified License (ILDO) addressing CLI spoofing by the Department of Telecom (DoT) effective from 1 August 2022. Explore the impact on ILD operators, the perspective from consumers, operators, and the author. Learn how the amendment enhances security and filters international spam calls, protecting Indian consumers. Analyze the compliance challenges and recurring costs for telecom operators to safeguard consumers from scams and ensure network security.
Discover why health insurance is a crucial investment for your financial growth. Learn how it safeguards your well-being, provides financial protection, and creates a solid foundation for successful investments. Avoid third-party brokers and prioritize your health before diving into the world of investments. Start your journey to financial success with confidence and assurance today.
Learn how to incorporate a One Person Company (OPC) in India with this step-by-step guide. From obtaining DSC and DIN to filing documents and post-incorporation formalities, get the details you need.
In this article, we delve into the comparative analysis of Binance USD with other fiat-pegged cryptocurrencies and use cases and adoption of BUSD.
Cryptocurrency arbitrage can be a lucrative trading strategy for those seeking to capitalize on price discrepancies across different exchanges. In this article, we will discuss identifying arbitrage opportunities and executing cryptocurrency arbitrage trades.
Understand the guidelines for processing GST registration applications by Proper Officers. Avoid rejection with clear documentation, matching details, and complying with risk assessments. Explore the benefits of Aadhaar authentication and expedite the physical verification process. Stay informed and compliant to ensure a smooth GST registration process.
Learn about reduced late fee for filing GSTR-4, GSTR-9, and GSTR-10 for earlier periods between July 2017 and March 2019. Find out the conditions, reduced fee amounts, and the deadline for filing within April-June 2023.
