Nobody can be an overnight success. It takes ages of hardwork, experience and perseverance along with endless small steps to be an overnight success.
Taxpayers would only be able to claim ITC on invoices that have been uploaded by the supplier in GSTR 1 / IFF and reported to the registered person in Form GSTR 2B.
In this article we would be focusing our attention on various e-invoicing (E-INV) and e-way bill (EWB) compliances and practical issues faced by the Industry.
MONEY SUPPLY is not just a topic of your syllabus to gain marks it is a lot deeper and more interesting than you think.
Some facts on investment in property outside India and computation of tax under "Black money (undisclosed foreign income and assets) and imposition of tax act, 2015"
There are various kinds of audits being conducted under different laws such as company audit /statutory audit conducted under company law provisions, cost audit, stock audit etc. Similarly, income tax law also mandates an audit called 'Tax Audit'.
Government Has Amended Tax Rate For Service Provider Providing Works Contract Services From 5%/12% To 18% Vide Notification No 15/2021 C.T(Rate) Dated 18.11.2021 Amending Notification No 11/2017 C.T.(Rate) W.E.F 01.01.2022.
Can an assessee who has surrendered his income in response to the specific information sought by the Assessing Officer in the course of survey, be absolved from the penal provisions under section 271(1)(c) for concealment of income?
When the transactions were done on December 21 then at that point of time old rule 36(4) was in force. Therefore, in our view, it would be in order if the ITC of December is availed by referring to GSTR 2A.
The uncertainty that looms concerning CA results is very well known and it is understandable to find yourself in this tussle.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
