PAN 2.0: Card Gets a Tech Upgrade with QR Code
PAN 2.0 is an e-Governance project approved by the Indian government to modernize PAN/TAN services which will upgrade the current […]
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
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
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
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