GSTR-2B: Why GSTR-2B for October 2024 is Missing?
GSTR-2B is a statement which has been generated on the basis of the information furnished by your suppliers or by […]
Invoice Management System: New Advisory on Supplier View
Invoice Management System (IMS) is a new functionality developed on the GST portal which allows taxpayers to manage their invoices
GST Interest and Penalty Waiver: Forms to be Available from January 2025
GST Interest and Penalty Waiver Scheme under Section 128A provides provide a big relief to the taxpayers for reducing the
Self Invoicing under RCM: Time Limit and Invoice Format
Self Invoicing under RCM must be issue by the recipient of goods or services on behalf of the supplier as
Form GST DRC-03A: Filing Process
Form GST DRC-03A is newly introduced on GST portal to link payments made via Form DRC-03 to link the payment
Income Tax
AOC-4: Last Date To File The Return
AOC-4 is a form for filling financial statements and other documents with the Registrar of Companies (RoC). Due Date To
Last Date To File ITR: Beat the Deadline to Prevent Penalties
Last date to File ITR (Belated Return) for AY 2024-25 is 31 December 2024. Important Update1. Due date to file
TDS Rates: Revised Chart For The Financial Year 2024-25
TDS rates are the percentages at which tax is deducted from various types of payments made to individuals or entities.
Bank Account Validation on GST Portal: GSTN’s New Procedure
Bank Account Validation on GST Portal means the process where the GST portal verifies the bank account details which are
GST on Health Insurance Premium: Pitches For Full Exemption
GST on health insurance premiums are subject to 18% tax which increases the overall cost of the policy for consumers.
Section 194P: IT Filing Exemption for Senior Citizens Over 75
Section 194P was introduced in Budget 2021 to provide conditional relief to senior citizen above the age of 75 years
GST Amnesty Scheme: Waiver of Interest & Penalties from 1st Nov 2024
GST Amnesty Scheme was introduced by CBIC to help non-filers by offering a one-time waiver of late fees, encouraging voluntary