Explore the impact of Finance Act 2023s Section 43B(h) amendment on timely payments to MSMEs. Learn the rules, exceptions, and its effects on taxable income.
Explore the Kerala High Courts landmark decision in M/s. Malabar Fuel Corporation case, affirming the right to claim refunds under Inverted Duty Structure even with identical inward and outward supplies.
Explore the Composition Scheme under GST: A simplified tax regime for small manufacturers, traders, and retailers offering the benefit of lower tax rates.
Explore the critical implications of Section 16(4) of the CGST Act, 2017 on taxpayers’ Input Tax Credit (ITC) eligibility and the consequences of delayed return filings.
Discover 7 essential actions to take before March 31, 2024, to optimize tax savings and ensure financial compliance. From advance tax payments to strategic investments, this guide outlines key steps for individuals and businesses.
Unlock the potential of exporting goods and services from India under GST with zero-rated supplies. Learn about GST provisions, documentation, and more.
Explore the critical aspects of Section 43B(h) under Income Tax Act 1961, focusing on the disallowance of business expenditure for delayed payments to MSMEs.
Discover the latest updates in ITR Forms 2, 3, and 5 for AY 2024-25, highlighting significant changes due to the Finance Act 2023, enhancing tax filing compliance.
Explore the Income Tax Departments Mismatch Campaign, its implications, and the complexities faced by taxpayers. Learn how to respond and avoid potential litigation.
In a landmark ruling, ITAT Mumbai grants Vodafone the right to claim depreciation on goodwill, clarifying that amendments by Finance Bill 2021 apply prospectively from AY 2021-22.
