Income Tax Refund Claim Window Reduction
Income Tax Refund Claim Window Reduction means taxpayers now have 5 years instead of 6 years from the end of […]
Direct Tax Code: Upcoming Major Changes in 2025
Direct Tax Code is a proposed legislation set to modernize, simplify and align India’s tax law into a single code
Section 185 of Companies Act 2013: Restrictions on Director Loans
Section 185 of Companies Act 2013 prohibits companies from giving loans. According to Section 184(1) of the Act, a company
GSTR-2B Duplicate Issue : What to Do with Duplicate ITC?
GSTR-2B duplicate issue means the same input tax credit (ITC) is reflected more than once which may be due to
Gold Possession Limits Under Income Tax Rules
Gold is purchased for a variety of reason such as for auspicious occasions or for daughter/son’s marriage in future. It
Invoice Management System: Key Scenarios for GSTR-2B Generation
Invoice Management System (IMS) is a new functionality developed on the GST portal which allows taxpayers to manage their invoices
CRS and FATCA: Enhancing Tax Transparency on Foreign Assets & Income
CRS and FATCA are global frameworks to curb tax evasion by promoting financial transparency and information sharing among countries. Purpose
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
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