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Excel Template for Applicability of Section 43B(h) of income Tax Act

March 23, 2024 9792 Views 1 comment Print

Explore an Excel template for Section 43B(h) of the Income Tax Act. Understand deductions for MSE payments, challenges, and compliance solutions.

Long Form Audit Report (LFAR) – Ready Reckoner, 2024 for Bank Audits

March 17, 2024 23193 Views 2 comments Print

Gain insights into bank audits with LFAR Ready Reckoner 2024. Enhance skills in asset quality, risk management, and compliance. Valuable resource for auditors.

Excel Format of Financial Statement for Non IND AS Companies

March 6, 2024 12468 Views 0 comment Print

Learn how to create clear, concise financial statements for non-IND AS companies using Excel. Explore templates, formats, and best practices for accurate reporting.

Subscription, professional and training services not FTS hence not taxable: ITAT Delhi

February 13, 2024 840 Views 0 comment Print

ITAT Delhi held that subscription, professional and training services rendered by the assessee do not fall within the definition of FTS under India-Netherland DTAA and, therefore, cannot be taxed in India.

Income Tax Calculator for last 28 year from FY 1997-98 to FY 2024-25

February 1, 2024 10332 Views 3 comments Print

Explore the Income Tax Calculator covering the last 28 years from FY 1997-98 to FY 2024-25. Analysis of Finance Bill 2024 and insights on choosing between old and new tax regimes.

Customs Duty Based on Actual Crude Oil Received in Indian Port Tank: CESTAT

November 14, 2023 990 Views 0 comment Print

Reliance Industries Limited vs. Commissioner of Customs (CESTAT Ahmedabad) regarding payment of customs duty based on quantity of crude oil in a shore tank.

List of Instances If Availed ITC Wrongly Then Liable to be Reversed

October 12, 2023 5280 Views 0 comment Print

Dive into the complexities of Input Tax Credit (ITC) under GST. Uncover a comprehensive list of instances when wrongly availed ITC is liable to be reversed. Stay informed on GST provisions under Sections 16, 17, 18, and 19.

GSTR 9 and 9C pdf to Excel Conversion tool

August 30, 2023 7722 Views 0 comment Print

Pre requisite 1.  Newer Versions of Excel (2019,2021 or Office 365) Instructions 1.Copy the Folder location and pdf name and paste in Yellow colour Cells and then Click on GSTR-9 or GSTR-9C Buttons 2. By Using this Tool you can able to Convert GSTR-9 pdf and GSTR-9C pdf into Excel Format

1% cash Payment validation template as per Rule 86B of CGST Rules 2017

August 25, 2023 2619 Views 0 comment Print

CGST Act 2017, has inserted a new rule of 86B and is effective from 01.01.2021. As per the rule, Taxable persons can use Electronic credit ledger for making payment of Outward Tax liability upto 99% of the outward tax. and 1% is compulsorily to be paid from Cash ledger. However this provision shall not be applicable in case […]

Summary of SEBI LODR (Second Amendment) Regulations, 2023

August 20, 2023 2934 Views 0 comment Print

SUMMARY OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (SECOND AMENDMENT) REGULATIONS, 2023 [SEBI LODR] DEFINITION of MAINSTREAM MEDIA [REG. 2(1)(ra)] I. Newspapers registered with the Registrar of Newspapers for India; II. News channels permitted by Ministry of Information and Broadcasting under Government of India; III. Content published by the publisher of news and current affairs content as defined under […]

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