The Haryana AAR has ruled that writing off unclaimed creditors' balances does not attract GST, as it is not a "supply" under the CGST Act, 2017. This article explains the implications for Input Tax Credit (ITC), risks of double taxation and key takeaways for businesses managing GST compliance.
Discover the Post Office New Savings Scheme 2025! Secure guaranteed returns up to £40 lakh. Learn features, benefits, and how to open your account today.
Understand Section 115 BAC, India's new tax regime. Discover lower rates, higher deductions, and how to choose between old & new tax systems.
Businessmen & CAs urge for Income Tax Audit deadline extension to Nov 30, 2025, due to tight timelines & festivals. Avoid penalties!
From September 22, 2025, GST Council’s reform brings 0% GST on food items, stationery, medicines, oxygen and insurance. Check the full Zero GST product list.
GST Notification No. 9/2025-CT(Rate) consolidates all HSN-wise GST rates into one framework, effective September 22, 2025. Check new schedules, slabs and compliance details.
Discover income tax benefits and rules for senior citizens in FY 2024-25. Learn about exemption limits, deductions, and ITR filing for those 60+.
Learn why declaring tax-free income in your ITR is essential. Ensure transparency, avoid mismatches with AIS, and prevent future tax notices.
Learn how the Invoice Management System (IMS) impacts GSTR-2B generation. Understand key scenarios for accepting, rejecting, or pending invoices to ensure correct ITC.
Understand superannuation funds in India. Discover types, tax exemption limits (₹7.5 lakh employer cap), and how to optimise your retirement savings.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English