Articles by Vivek Jalan

RBI Simplifies Supervisory Returns Filing for Banks & NBFCs

Posted by Vivek Jalan 29 March 2024 300 Views

Discover how the RBI's new master direction streamlines supervisory returns for banks and NBFCs, reducing compliance burden and improving data submission.

Global Minimum Tax: Amount B & OECD Updates Explained

Posted by Vivek Jalan 28 March 2024 180 Views

Understand the OECD's Amount B report for global minimum tax, its impact on low-capacity jurisdictions, and implementation options from 2025.

Jewellery Seizure: Income Tax Rules & Limits Explained

Posted by Vivek Jalan 22 March 2024 1646 Views

Understand your rights regarding jewellery seizure during Income Tax searches. Learn about limits, explained income, and legal protections.

20-Point GST & Income Tax Checklist for FY 23-24 Year-End

Posted by Vivek Jalan 21 March 2024 7095 Views

Navigate FY 23-24 year-end tax compliances with our 20-point GST & Income Tax checklist. Ensure timely filings, ITC reversals, and advance tax payments.

SME Payments by 31st March 2024: Section 43B(h) Compliance

Posted by Vivek Jalan 15 March 2024 18262 Views

Ensure SME payments are made by 31st March 2024 to comply with Section 43B(h) of the Income Tax Act. Avoid disallowance of deductions.

ITC Claims: Validity in GSTR-3B & Beyond | Expert Guide

Posted by Vivek Jalan 06 March 2024 714 Views

Understand ITC validity in GSTR-3B and beyond. Learn how books of accounts are primary for claims, and when late filing doesn't bar ITC. Get expert insights.

MSME Year End Payments: 10 Point Checklist

Posted by Vivek Jalan 04 March 2024 21145 Views

Ensure compliance with Section 43B(h) for MSME payments. Use our 10-point checklist to avoid disallowances and interest penalties this year end.

Low TDS Certificates: Rule 28AA Explained

Posted by Vivek Jalan 28 February 2024 420 Views

Understand Rule 28AA for lower TDS certificates. Learn how Assessing Officers determine tax liability for reduced or no tax deduction. Get informed!

Madras HC: GST on Post-Sale Discounts - Key Ruling

Posted by Vivek Jalan 24 February 2024 2752 Views

Understand the Madras High Court's ruling on GST for post-sale discounts. Discover if discounts are considered subsidies and impact transaction value. Read now!...

CBDT Remits Petty Tax Demands: Budget 2024-25 Relief

Posted by Vivek Jalan 23 February 2024 628 Views

CBDT order implements Budget 2024-25 proposal to remit petty tax demands up to Rs 25,000 for older periods and Rs 10,000 for newer periods. Learn more!