One of the major steps to curb false/fraudulent claims of input tax credit was initiated under Goods and Services Tax regime by introducing a procedure to reverse the amount of input tax credit availed within 180 days in case no or part payment is made to the supplier of goods or services with interest as notified under section 50(1).
Arjuna (Fictional Character): Krishna, this is 300th Karneeti article and on the eve of Janmashtami, it's double celebration. Janmashtami was celebrated with great enthusiasm, all the "Govindas" tried hard for reaching "Dahi Hand" by forming pyramid and breaking "Dahi Handi".
MULTI PURPOSE EMPANELMENT FORM (MEF) 2019-20 - Frequently Asked Questions (FAQs)
The MCA has issued new SPICe+ Form, the SPICe+ form will replace the existing SPICe form. The form will be used for multiple services viz name reservation, incorporation, DIN allotment, mandatory issue of PAN, TAN, EPFO, ESIC, Profession Tax (Maharashtra) and Opening of Bank Account.
The Vicious Circle of Setting up of Over-Ambitious Revenue Collection Targets � Revenue Authorities Over-Reaching Taxpayers- Withholding of Refunds!!
09/03/2018 Karan Leave a commentLast date for filing Income tax return for financial year 2015-16 and 2016-17 is 31st March, 2018. Filing of selected Financial...
Changes in ITR-1The most popular one pager return is continued by the CBDT this year also. But there are certain changes regarding eligibility to file this retu...
According to the Central Board of Direct Taxes (CBDT), in total there are 7 different types of forms that we need to file for Income Tax Returns
The key to a building a successful business is to ensure that your employees are well taken care of. Doing so not only ensures the retention of talented employees, but also helps create and build a strong foundation for your company's future.
Through this article, I am making an effort to present the following, 1. How a non-resident seller can avoid liquidity crunch; 2. What are the responsibilities of a buyer dealing with NRI Seller and the consequences of non-compliance.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English