GST Circular 231/25/2024 clarifies input tax credit availability on demo vehicles used by authorized dealers, defining conditions under CGST Act.
Government clarifies GST implications on advertising services provided by Indian agencies to foreign clients. Understand place of supply and intermediary roles.
Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, and exemptions on services.
ICSI seeks an extension for private companies to comply with new DEMAT rules, citing concerns over costs, delays, and regulatory challenges.
New CBDT instruction outlines updated procedures for internal audit objections, emphasizing accountability, compliance, and efficiency in tax assessments.
ICAI reopens online application for CA Final & PQC exams from Sep 11-12, 2024, with a late fee. Apply now to meet the new timeline requirements.
AGFTC & ITBA urge the Finance Minister to reduce GST appeal fees to ensure fair taxation, proposing fees similar to Income Tax rates for more equitable access to justice under the GST regime.
RCDF invites bids from empaneled CA firms for Internal Auditor appointment. Submit proposals by 23rd September 2024. Limited bid for 2024-2027 panel firms.
Learn about GSTN’s latest advisories on bank details for GSTR-1, RCM/ITC statement, reporting supplies, and the new Invoice Management System on the GST portal.”
Explore the history and key adjustments under Section 143(1)(a) of the Income Tax Act, including recent amendments and CPC’s role in processing returns.