MCA issued a Notification vide G.S.R. 803(E) dated October 27, 2023, amending the Limited Liability Partnership Rules, 2009, under the authority of the Limited Liability Partnership Act, 2008 (6 of 2009).
Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 203/15/2023-GST dated October 27, 2023, clarifying the determination of place of supply in various cases.
CBIC Implements GST Council's Decision, Introduces 18% GST on Corporate Guarantees
Central Board of Indirect Taxes and Customs (CBIC) has notified amendments in GST Registration Forms vide Notification No. 52/2023 Central Tax dated October 26, 2023.
Exposure Draft on Accounting Standards for Limited Liability Partnerships
Notification 51/2023 dated 29.09.2023 has introduced Table 5B in GSTR 5A w. e. f 01.10.2023. In this notification, Table 5B has been introduced to report supplies made to Registered GSTINs (B2B supplies)
The Supreme Court has recently issued a notice in a Writ Petition seeking the availability of an option for revised returns on the GSTIN Portal.
In recent weeks, the central and state GST authorities have issued demand notices to a large number of companies spanning various sectors, including consumer durables, smartphones, insurance, online gaming, and service providers.
The Income Tax Department is all set to crack down on high net worth individuals (HNIs) who underpay their taxes.
A 36-year-old preschool teacher in Mira Road lost over ₹3.82 lakhs to cybercrooks who posed as bank officials.
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O P Bagla & Co LLP
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