From January 2025, changes to auto-populated GSTR-3B values will be restricted. Amend through GSTR-1A or Invoice Management System for accurate return filing.
New CBDT guidelines for compounding of offences under the Income Tax Act, 1961. Learn the conditions, process, and fee structure for compounding applications.
Learn about the latest FAQs on the Invoice Management System (IMS), including GSTR-2B actions, ITC, credit notes, and return filing for October 2024.
A PIL filed in Gujarat HC contests the denial of Section 87A rebate, highlighting unfair demands and confusion among middle-class taxpayers.
CBIC clarifies input tax credit provisions under Section 16(5) & 16(6) of CGST Act, detailing rectification procedures for wrong credit availment.
Learn the financial penalties of TDS/TCS non-compliance, including interest and disallowance. Prevent errors by managing deadlines and ensuring accurate tax filings.
Learn about the eligibility, rates, forms, and timelines under the Direct Tax Vivad se Vishwas Scheme, 2024.
Delhi High Court dismisses the petition challenging statutory bail granted to Adesh Jain in a ₹200 crore fake GST invoice case. Legal provisions under Section 167(2) upheld.
Concept of Reverse Charge under CGST Act, 2017 & IGST Act, 2017 explained in a lucid manner covering list of Goods & Services covered under RCM
GST Amnesty Scheme under Section 128, proposed in 53rd GST Council Meeting, is effective from 1-11-2024 as per Notification 17/2024-Central Tax under CGST Act, 2017.
