Input tax credit of goods or services covered under provisions of section 17(5) of Central Goods and Services Tax Act, 2017 is not available.
Learn about Sec 269SS, 269ST & 269T of the Income Tax Act & how they affect businesses. Analysis of these sections & their importance for maintaining business success.
Request to issue special one-time relaxation for cases where the time limit for filing of appeal u/s 107 of the CGST/SGST Act is expired and no appeal has been filed and to increase the period of condonation of a delay from one month to one year.
Representation against Extension of time limit under section 54 to 54GB without extension of Income Tax Return due date Vidarbha Industries Association has made a Representation against recent CBDT Circular No. 1/2023 Dated 06.01.2023 by which time limit for compliance to be made for claiming any exemption under Section 54 to 54GB of the Income-tax […]
Learn how to reverse ITC for non-payment of tax by suppliers and availment of ITC – rule 37A of CGST rules CBIC, Notification No 26/2022 – Central Tax and more with Finance Act 2022.
Get to know what is the difference in input tax credit between GSTR 2A and GSTR 3B as per GST Law. Understand the validity of scrutiny notices and intimations by the department. Learn more about the 4 conditions to claim input tax credit under the CGST Act, 2017.
Penalty is been imposed for Non mentioning of registered office address of the company, Corporate Identity Number, telephone number, fax number, e- mail and website address.
Want to know the expectations of taxpayers in the upcoming budget? Learn what Bhartiya Janta Party and Finance Minister Smt. Nirmala Sitaraman have in store with the keyphrase ‘Expectations of Tax Payers In Budget – 2023’
Grow your investments & save tax this year Union Budget 2023 brings big changes for individual taxpayers. Discover the wishlist here!
Tax is the major source of revenue for any government all across the globe. A systematic approach to tax collection is therefore, sine qua non for a stable and sustainable economy.
