Articles by Shivani Dundlodia

Section 194Q and 206C(1H) - Lets resolve the confusion

Posted by Shivani Dundlodia 31 May 2023 168744 Views

Primarily both the sections seem similar. However, whenever Section 194Q becomes applicable, Section 206C(1H) will not be applicable. Section 194Q is a priority section over Section 206C(1H).

Insights of GSTR 2A, GSTR 2B and GSTR 3B

Posted by Shivani Dundlodia 01 April 2023 18902 Views

GSTR 2A and GSTR 2B are purchase-related auto-populated statements while GSTR 3B is a self-declaration summary return for both inward and outward supplies in a consolidated manner.

Implications of GST fraud and non-fraud cases

Posted by Shivani Dundlodia 15 February 2022 5596 Views

Fraud and non-fraud cases are different from one another, and hence the tax and penalty amount with its provisions are also different. Let' s find out what are the implications of both fraud and non-fraud cases in GST.

Confused while claiming ITC & the fuss for Rule 36(4) - Lets find out why?

Posted by Shivani Dundlodia 02 September 2021 6791 Views

To minimize the drawbacks of 2A, a new statement was launched i.e GSTR 2B. It is a static, month-wise auto-populated statement reflecting details of all the purchase-related details.

TDS on purchase of Goods - 194Q

Posted by Shivani Dundlodia 28 August 2021 14572 Views

Under Section 194Q the buyer deducts an amount equal to 0.1% of such sum exceeding Rs 50 lakhs in case the supplier of goods provides the buyer with its valid PAN details.