Explore why Foreign Tax Credit claims may be denied during ITR processing, including issues with Form 67, CPC guidelines, and legal interpretations.
KSCAA requests review of incorrect TDS credit processing by CPC Bengaluru for AY 2024-25 and urges system corrections and resolution for affected taxpayers.
MCA imposes penalties on Owais Metal for non-compliance with Section 4(1)(c) of Companies Act, 2013. Penalty details for officers-in-default under Section 450.
Hindenburg’s report on Adani Group caused a major market crash, wiping billions in market value. Explore the legal analysis and aftermath of the allegations.
Discover GST rates for passenger transport and renting of EVs. Learn about applicable tax rates, exemptions, and recommendations for clarity in EV services.
Learn why Income Tax refunds are failing due to unlinked PAN with bank accounts, the implications, and how taxpayers can resolve this issue.
Circular No. 233/27/2024 clarifies IGST refund regularization for exporters who initially imported inputs without paying integrated tax and cess.
Circular No. 232/26/2024-GST; Dated: September 10, 2024 clarifies place of supply for data hosting services provided by Indian providers to overseas cloud service providers.
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.