Explore the latest GST updates from CBIC issued on 5th July 2022 (Notification No. 09/2022–Central Tax to No. 14/2022–Central Tax). Key changes include E-Cash ledger transfers, GSTIN balance transfers, restrictions on E Credit Ledger, Interest on wrongly availed ITC, GSTR 9 exemption for FY 2021-22, CMP-08 due date, late fees waiver for GSTR-4, extended period for Demand Order issuance, rules for erroneous refund recovery, declaration on non-e-invoice issuance, UPI & IMPS for GST payments, and updates on GSTR 9 & 9C relief for FY 2021-22. Stay informed about the latest GST developments.
Gujarat High Courts landmark decision (2022 (7) TMI 127) holds that a Show Cause Notice lacking material particulars is not valid in the eyes of the law. The court sets aside the SCN/Order, emphasizing the importance of adherence to natural justice principles.
Explore the complexities and concerns arising from the recent decision to tax non-ICU hospital room charges exceeding Rs. 5000 per day at 5%, as discussed in the 47th GST Council meeting. Understand the potential impact on healthcare services, billing practices, and compliance challenges.
Explore the ITR-5 form for Partnership Firms, LLPs, AOPs, BOIs, and more. Learn about the structure, key changes in AY 2022-23, and how to file ITR-5 online.
Discover the power of MIS statements in financial analysis, including insights from Balance Sheets, Income & Expense Statements, Cash Flow Statements, and key financial ratios. Learn how to assess your company’s current position and gain valuable analytics for strategic decision-making.
Explore the dynamics of raising funds from foreign jurisdictions through Direct and Depository Receipt (DR) routes. Learn about the fading popularity of DRs and the potential of overseas direct listing for Indian companies. Understand the present state, challenges, and the way forward in cross-border listings, including the impact on the Indian economy.
Stay informed with a summary of GST Notifications issued on July 5, 2022. Explore changes in compliance exemptions, due date extensions, and provisions of the Finance Act 2022.
Unravel the complexities of Section 148 & Section 148A Income Tax notices. Learn how to effectively handle these notices and protect your financial interests.
Learn about the updated format of Form DIR-2-Consent to act as Director of Company. Stay updated on the changes effective from 01.06.2022.
Stay updated with the latest recommendations and notifications from the 47th GST Council Meeting. Get insights into the key decisions made under GST Law.
