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Articles by CA Shruti Singhal

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GST Audits And Top 5 Practical Difficulties Faced By Taxpayers During Audit

  CA Shruti Singhal    15 April 2024 at 08:44

GST audits are regularly undertaken by the department under Sec 65 of the CGST Act. These audits are conducted by the department either at their own premises or at the premises of the taxpayer.



Cash Transaction Limits under Income Tax Act

  CA Shruti Singhal    06 April 2024 at 15:09

The tax audit season is about to begin. This article aims to refresh the existing limits of cash transactions. The Income Tax Act in India discourages cash transactions to promote transparency and curb tax evasion.



Top 3 changes in Income Tax brought about by Interim Budget 2024

  CA Shruti Singhal    03 February 2024 at 08:50

In the interim budget 2024, our honourable FM Shmt. Nirmala Sitaraman highlighted some of the achievements of BJP government over a period of 10 years, emphasising on increase in direct tax collections



3 Important Changes in GST brought through Interim Budget 2024

  CA Shruti Singhal    02 February 2024 at 16:10

The government had introduced a term "Amrit Kal" in Budget speech 2023 and called the next 25 years as “Amrit Kal” and had stated in its o



Sec 43B(h) of Income Tax Act

  CA Shruti Singhal    30 January 2024 at 09:02

One of the major problems being faced by the MSMEs entities is not-getting their dues from their buyers on a timely basis.



Top 5 Govt. Clarifications and Notifications in taxpayer's interest made effective in Oct and Nov 2023

  CA Shruti Singhal    06 November 2023 at 11:31

Top 5 government clarifications and Notifications in taxpayer’s interest made effective in Oct 2023 and Nov 2023



Benevolent Clarifications in Place of Supply provisions which will affect your ITC and refund of GST

  CA Shruti Singhal    31 October 2023 at 10:38

1. Refund in case of Transportation of goods where either location of supplier or location of recipient is outside IndiaPlace of Supply(POS) of service of trans..



3 Important Changes made w.e.f. 20th October 2023 that will affect your ITC availability

  CA Shruti Singhal    28 October 2023 at 17:21

Important Changes made w.e.f. 20-10-2023 that will affect your Input Tax Credit availability



Top 10 benefits granted by Govt. in GST to taxpayer made effective in Oct, 2023

  CA Shruti Singhal    28 October 2023 at 15:45

10 benefits granted by government in gst to taxpayer made effective in oct 2023



Recent changes in scope and rate of 6 goods and services

  CA Shruti Singhal    07 October 2023 at 17:32

In case of OIDAR services which are provided to non-taxable online recipient (NTOR), the OIDAR service provider is required to compulsorily pay tax on forward charge mechanism (FCM).