जीएसटी एक्ट में करदाता को कर निर्धारण वर्ष 2017-18,2018-19 और 2019-20 के लिए सेक्शन 74 के अंतर्गत Fake Invoice के आधार पर नोटिस जारी किए जा रहे हैं ।टैक्स प्रोफेशनल के सामने Fake Invoice पर इसके नोटिस से निपटना आसान प्रक्रिया नहीं है ।क्योंकि प्रत्येक करदाता के तथ्य अलग-अलग है। तो टैक्स प्रोफेशनल को भी […]
Learn about the importance of Udyam Registration for Micro, Small, and Medium Enterprises (MSMEs) in India. Discover the benefits it offers, including access to government schemes, collateral-free loans, protection against delayed payments, and priority in government procurement. Follow the step-by-step process to register under the new Udyam Registration scheme and unlock opportunities for market expansion, international recognition, and compliance ease.
Explore a specimen of an offer letter for a Company Secretary position. Learn about salary, benefits, leave, and responsibilities. Ensure compliance with legal regulations. Acceptance required within seven days.
Explore key GST case laws in our June 2023 edition. Highlights include the quashing of a Rs.21,000 crore show cause notice and crucial legal rulings. Stay informed
As we know that in partnership firm there is unlimited liability of every partner, and this may cause conflicts among them. Also, the firm have few numbers of member/partner and due to that more investment will not be there arises financial deficiency. These are the limitations of a partnership firm.
Explore the significance of personal hearing under the GST Law, as outlined in Section 75(4) of the CGST Act. Delve into nine judicial judgments analyzing the conditions for granting personal hearings, providing insights into the legal requirements and implications for both individuals and authorities. Understand the various situations where personal hearings are mandated, ensuring a fair and just decision-making process.
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.
