Article discuss about practical implication of claiming of refund for ITC available in Electronic Credit ledger for input and input services used in making supplies to SEZ Unit / Developer if no GST has been charged on invoice.
Learn about Section 54 exemption from capital gains tax on the sale of a house property as per the Finance Act 2023. Understand eligibility, conditions, limits, consequences, and revocation of the exemption.
As per requirements of AICTE and CBEC all institutions affiliated with them for providing education should not be for profit making. In order to meet the requirement as stated by above authorities, the educational institutions had to start their activities and operations under Charitable Trust / Registered Society.
Discover the benefits of MSME registration, including tax exemptions, collateral-free bank loans, protection against delayed payments, increased exportability, and tax-related benefits.
Learn about Section 8 companies under the Companies Act, 2013, their registration process, benefits, restrictions, and their role in promoting social welfare and development.
Whether the second Appellate Authority as well as the High Court were justified in allowing the Input Tax Credit (ITC) wherein invoices were produced and payments made online for purchases made from sellers who were not registered/failed to pay tax?
Learn how international trade finance supports small-scale merchandisers with access to financing, new markets, technologies, and infrastructure solutions.
Prepare for FY 2023-24 under GST with key steps like reconciling supplies, opting for schemes, applying for LUT, and staying updated on regulatory changes.
Learn about taxation of mutual funds in India & USA, including capital gains tax, dividend tax, differences in taxation systems, GST applicability, & international taxation.
Delve into the intricacies of interest payable on repayment of erroneous refunds in India, exploring legal provisions, implications for taxpayers, and potential avenues for resolution.
