Chaitra Seetharam, Author at Tax Guide

Supreme Court Verdicts Impacting Taxation

The Supreme Court of India has significantly influenced Indian taxation. The Court has clarified complex legal issues and interpreted tax […]

TDS on Metal Scrap refers means that a businesses must withhold amount while making payments to suppliers for the purchase

GST on Food Delivery Charges means the tax levied on meals ordered through food delivery platforms like Swiggy, Zomato, etc.

RCM on Commercial Rent refers to the Reverse Charge Mechanism, where the recipient tenant is liable to pay GST on

TCS on the sale of scrap means that the seller collects tax from the buyer at the time of sale.

Capital gains tax is applied on the sale of physical gold, gold mutual funds, gold ETFs, and sovereign gold bonds.

According to Section 156 of the Income Tax Act, 1961, the Income Tax Department will issue a Tax Demand Notice

GST return filing process has seen various changes since its introduction in 2017. Introduction Of GST Indirect taxation in India

Tax filing deadline for businesses requiring audit has been extended from October 31, 2024 to November 15, 2024. These businesses

Scrutiny on ITR Refunds is a process where the IT Department examines details of an Income Tax Return (ITR) to

GST ITC for construction of buildings, now it can be claim by businesses treating buildings as “plant,” under the CGST

ITC under GST allows registered businesses to offset the taxes paid on their purchases against their tax liabilities. ITC helps