Understand the phased implementation of e-invoicing in GST. Learn about the turnover thresholds and the dates of applicability for generating e-invoices.
SC directs GST Council to issue advisories to all the States for implementation of Document Identification No (DIN) in Indirect Tax administration. The Court has also directed all the States to implement the system of DIN at the earliest.
Held that the procedural formalities in the CPC are intended to facilitate litigation by stating the procedure to be followed and not to be abused as an instrument of oppression to frustrate validly instituted proceedings.
Debate over ITR date extensions: Is it justified? Explore the reasons behind the annual controversy and possible solutions.
Goods and Services Tax Introducing Single Click Nil Filing of GSTR-1 02/08/2022 Single click Nil filing of GSTR-1 has been introduced on the GSTN portal to improve the user experience and performance of GSTR-1/IFF filing. Taxpayers can now file NIL GSTR-1 return by simply ticking the checkbox File NIL GSTR-1 available at GSTR-1 dashboard. For […]
Understand the impact of GST on pre-packaged food items when exported. Analyze the wide-ranging implications in this informative article.
The breach relates to the absence of signatures from any directors on the company’s Balance Sheet for the fiscal year ending March 31, 2021. Following a hearing, penalties were levied: the company was fined Rs. 3,00,000, while each director, Mr. Veerendra Kumar Vishwakarma and Ms. Neelam Gautam, faced fines of Rs. 50,000 each.
Learn about the penalty imposed on LOIN TECHNOLOGY PRIVATE LIMITED under Section 134(1) of the Companies Act, 2013, by the Registrar of Companies, Madhya Pradesh.
The surge of filing ITRs peaked on 31st July, 2022 (due date for salaried taxpayers and other non-tax audit cases) with over 72.42 lakh ITRs being filed on a single day i.e on 31st July,2022.
Missed the income tax return filing deadline? Dont worry, you can still file your return for FY 2021-22 (AY 2022-23) by 31st December 2022.
