Insights into India’s G20 presidency, sustainable development goals, ICAI initiatives, and the importance of environmental, social & governance reporting.
Dive deep into Annual Report of APA Programme in India for years 2019-2022. Explore CBDT’s efforts, accomplishments, and challenges in ensuring tax certainty.
A Committee of Experts to ‘Onshoring Indian Innovation to GIFT IFSC’ constituted by IFSCA submitted its report to Chairperson, IFSCA on August 14, 2023.
Overview of proposed amendments by IFSCA for investments by International Financial Service Centre Insurance Office in 2023. Participate in public consultation.
Please read the following advisory carefully before proceeding ahead for reporting the ITC Reversal opening balance: 1. Taxpayers are permitted to use this facility to report their ITC Reversal Balance that has not been re-claimed. 2. The taxpayer is advised to report solely those reclaimable ITC reversal balances that meet the legal criteria for re-claim […]
Bengaluru’s Enforcement Wing reveals a major GST fraud involving 30 fake entities and a turnover of Rs. 525 Crs. Two masterminds arrested. More details inside.
Join us for an insightful YouTube Live session as we delve into the intricacies of Input Tax Credit (ITC) under the Goods and Services Tax (GST) framework. Our goal is to provide a comprehensive understanding of ITC, its significance, challenges, and crucial provisions that impact businesses. Download Presentation Slide: PPT on Decoding Input Tax Credit […]
Exploring the challenges of ITC mismatches in GST, addressing their origins, and suggesting amendments for a more streamlined GST system.
On August 28, 2023, the Income Tax Department unveiled the most recent set of Frequently Asked Questions (FAQs) pertaining to Form 27C. As taxpayers grapple with their income tax obligations, these FAQs offer clarity and direction on how to approach Form 27C. Income Tax Department also informed that Functionality for Revision of Form 27C is now […]
Introduction: A recent representation to the Hon’ble Finance Minister, Smt. Nirmala Sitharaman, has highlighted significant delays and challenges in the faceless appeal scheme. Drafted jointly by the Income Tax Bar Association (ITBA) and the All Gujarat Federation of Tax Consultants (AGFTC), this representation dives deep into the issues plaguing the system and offers practical solutions. […]
