Reimbursement of expenses, scholarships, and stipends are not considered taxable income, as clarified by various High Court rulings under Section 10(16).
Learn how GSTR-2A ensures GST compliance, prevents tax evasion, facilitates ITC accuracy, and aids in reconciliation, audits, and error-free GSTR-3B filing.
I switched off my phone for 24 hours to reflect, learn, and recharge. Here’s what I learned about digital detox and its benefits for mental well-being.
Madhya Pradesh HC declares Section 16(4) of CGST Act unconstitutional, emphasizing taxpayer rights, ITC claim fairness, and legislative intent under GST reforms.
Explore 19 key GST case rulings from High Courts, including issues like provisional attachment, SCNs, ECL blocking, GST registration, and rectification of errors.
A tax saving FD not only offers a reliable way to save but also provides significant tax benefits, making it a dual-purpose investment. This article delves into why this option resonates with risk-averse investors and how tools like an FD calculator can help plan your finances effectively.
Calcutta High Court quashed a Section 498A IPC case filed by a wife against her husband after a 3-year gap, citing abuse of legal process and baseless allegations.
The recent rejection of a rectification request under Section 154 of the Income Tax Act, 1961, by the Income Tax Department without providing any explanation has drawn criticism. This lack of transparency poses significant challenges for taxpayers. When errors occur in tax returns, Section 154 provides a mechanism for rectification. However, the arbitrary rejection of […]
GDP में गिरावट और मिडिल क्लास की घटती क्रय क्षमता पर चर्चा। जानें आर्थिक नीतियों का असर, GDP में मंदी के संकेत, और समाधान के संभावित उपाय।
Explore RBI’s November 2024 Inflation Survey findings based on 6,091 responses from 19 cities, highlighting perceptions on price trends and inflation expectations.
