Goods and Services Tax (GST) e-Invoice System and API Developer’s Portal will implement new validations in the E-Waybill System starting January 1, 2025. These changes aim to enhance compliance and integration. Key updates include: (1) Restricting E-Waybill generation for documents older than 180 days from the generation date. This applies to both E-Waybills and Part-A […]
Bombay HC grants interim relief allowing taxpayers to claim Section 87A rebate for AY 2024-25. Revised ITR deadline extended to 15 Jan 2025; final ruling pending.
Learn about capital gain exemptions for investing in multiple residential units under Section 54F, with case law insights on eligibility and conditions.
Review of significant legal, tax, GST, and SEBI updates during the week ending 22nd December 2024, including new guidelines and judicial rulings.
Learn about new guidelines for entering receipt numbers for leased wagons in the E-Way Bill system, effective from January 1, 2025.
The National Financial Reporting Authority imposes penalties on Deloitte and auditors for misconduct in the ZEEL audit, resulting in penalties and debarment.
Steps and key details to file the GST Annual Return (GSTR-9) for FY 2023-24, including exemptions and reconciliation requirements.
Key updates (Dec 9-15, 2024): Tax court designations, GST deadlines, SEBI ESG bonds, Customs tariff values, and DGFT import system. Insights on legal rulings & compliance.
Key updates (1–8 Dec 2024): Income Tax, GST changes, SEBI reforms, RBI guidelines, and legal judgments on employment and banking. Stay informed on latest notifications.
55th GST Council meeting recommends tax reductions, exemptions, and compliance measures, including lower GST on fortified rice kernels and exemption on gene therapy.