Article explains how to effectively comply with GSTN Advisory to reclaim your Input Tax Credit (ITC) by November 30, 2023 with step-by-step guidance and key action points.
Patna High Court, in case of M/s Aastha Enterprises, upheld denial of Input Tax Credit (ITC) to petitioner purchaser due to supplier’s failure to pay GST to government. Court invoked Section 16(2)(c) of GST Act in its decision.
Explore Faceless Assessments under the Income Tax Act, 1961 – a digital approach for fair and efficient tax processes. Learn about the structure, procedures, and key considerations to navigate this technology-driven tax assessment model seamlessly.
Compliances under the Companies Act vary depending on the jurisdiction and the specific provisions of the Act applicable to a particular company. In many countries, including India, the Companies Act is a comprehensive piece of legislation that governs the formation, management, and dissolution of companies.
From an auditor’s perspective, the Federal Emergency Management Agency (FEMA) is a federal agency in the United States responsible for coordinating disaster response and providing financial assistance to state and local governments, as well as individuals and businesses, during and after natural or man-made disasters.
Learn about blocked credit under GST, why it’s important, and how it affects Input Tax Credit. Explore conditions for availing ITC and exceptions under Section 17(5) of GST Act.
This white paper on TCS on foreign remittances, more specifically for investments in lieu of citizenship, is presented in an easy to read Q&A format
Explore implications of SAS 1200 for disaster relief, recovery, and reconstruction activities. Learn about social audit process, evaluation criteria, and challenges.
Explore the profound impact of increasing repo rates on borrowers and discover strategies to manage the resulting financial burden effectively. Navigate through the complexities of loan tenures, bank responses, and psychological factors for informed decision-making.
Discover Mera Bill Mera Adhikar scheme, a GST lottery for taxpayers, rewarding those who demand GST invoices. Learn how to participate and benefit from this initiative.
