GST Exemption on Contributions to Motor Vehicle Accident Fund
GST exemption on contributions to motor vehicle accident fund means the contributions made by general insurance companies to the Motor […]
DTVSV Scheme: Key Updates and New Clarifications
Which appeals are covered under Direct Tax Vivad Se Vishwas Scheme, 2024 ? Please refer to section 89 of the
GST Rates in India: Hike on Lifestyle Goods Ahead
GST Rates in India means the tax rates which applied under the Goods and Services Tax regime and categorizes goods
Advance Tax Payment: Is it 15 or 16 December for 3rd Instalment?
Advance tax payment is the amount of Income Tax that pay in advance on the income earned during the year.
Rebate u/s 87A: Disallowance of Rebate u/s 87A on STCG by CPC
Rebate u/s 87A of the Income Tax Act provides tax relief to taxpayers whose total income does not exceed a
e-Invoicing: Glossary for Beginners
e-Invoicing means reporting details of specified GST documents to a Government-notified portal i.e., Invoice Registration Portal (IRP) and obtaining an
Income Tax
Bogus Income Tax Refund Claims: Risks of Failing to Provide Evidence
Bogus income tax refund claims includes those claims which are made by individuals or entities submitting false or inflated claims
RCM Under GST: How To Record Entries In Tally?
RCM Under GST is a system where the tax liability shifts from the supplier to the recipient of services. The
Simplified GST Filing: GSTR-1A & IMS to Improve GSTR-3B Filing
Simplified GST filing because the GSTN has introduced a pre-filled GSTR-3B form to make GST filling easier and help taxpayers
e-DRS u/s 245MA of IT Act for Effective Tax Dispute Management
e-DRS is managed by the Central Board of Direct Taxes and aims to reduce litigation and provide relief to eligible
PF Withdrawal Limit: Subscribers Can Withdraw Up to Rs 1 Lakh
PF withdrawal limit has been raised from Rs 50,000 to Rs 1,00,000. The announced made by the Union Labour Minister
Tax Audit: 5 Important GST Related Clause
Tax audit report filed in Form 3CD includes various clauses requires the assessee to report details related to GST compliance.