CBDT simplifies compounding procedures under the Income-tax Act, 1961 by reducing charges, removing limits, and easing filing requirements for taxpayers.
SEBI clarifies that ICMAI members are exempt from IA registration when providing incidental investment advice, not as a primary business activity.
Section 128A of the CGST Act waives interest or penalties on demands from July 2017 to March 2018, effective November 1, 2024.
Learn about the TDS provisions under GST for metal scrap, applicable from October 2024, covering thresholds, rates, and filing requirements.
Learn how to compute the perquisite value of rent-free accommodation under Section 17 of the Income Tax Act, including recent rule changes and effective dates.
Explore key ITAT decisions on TCS, TDS credit, and warranty provisions in Ahmedabad, clarifying tax compliance and procedural requirements.
GSTN updates registration process for metal scrap buyers via GST REG-07, effective October 22, 2024, ensuring compliance with new regulations.
GSTN introduces a validation process for updating bank account details during non-core amendments. Follow the guidelines to ensure compliance.
Rajasthan Tourism must pay GST on charges paid to Indian Railways for operating Palace on Wheels. These charges do not qualify under the pure agent concept.
Discover recent Income Tax and GST notifications and circulars issued during the week of October 14-20, 2024, focusing on key exemptions and procedural updates.
