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
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.