The Clause 44 of the Form 3CD is effective for Assessment Year 2022-23 i.e. for the Financial Year 2021-22 because the compliance of this clause was kept in abeyance till 31/03/2022 but for all the reports submitted after that date the clause is mandatory.
Understanding TDS and TCS under Income Tax: Exploring sections 194Q and 206(1H) and their impact on businesses.
Discover the benefits of registering your business entity in Singapore. Explore the streamlined process, stable economy, and favorable corporate regulations.
Understand the significance of digitally signing a notice under section 148 of the Income-tax Act. Learn why it cannot be considered as the issuance of notice according to the Allahabad High Court.
Rule 86B restricts the utilisation of input tax credit available in the electronic credit ledger. Even though the supplier remits the full tax to the government, this rule restricts the recipient from utlising the credit to discharge the output tax liability in excess of 99%.
Discover the benefits of IPO listing for SMEs: increased visibility, higher credibility, equity financing opportunities, and more.
Section 9 of the CGST Act is the charging section. As per this section, there shall be levied a tax called the Central Goods and Services Tax on all intra-State supplies of goods or services or both
Understand Circular No. 171/03/2022-GST and its implications on fake invoicing. Get clarity on GST provisions with practical examples.
Explore the ebook by CBIC on the five years of GST implementation in India. Understand the economic unification and simplification of taxation from Ganganagar to Itanagar.
Delhi High Court accepts Writ Petition challenging CBDT’s MFN Clause Circular No. 3 of 2022. Learn more about this important case.
