TDS and TCS are the government's most important sources of revenue. It's also critical for businesses to pay their taxes on time to avoid penalties and remain compliant.
Newly incorporated Public Limited, Private Limited and One Person Companies registered with effect from February 15, 2020 ['Companies'] are being allotted ESIC registration number by default at the time of its incorporation.
The Income Tax Department has introduced stricter AI-based scrutiny for FY 2024-25, delaying or stopping ITR processing where high refunds or mismatches are detected.
As per Section 7(5)(b) of the IGST Act, 2017 says that Supply of goods or services or both made to or by a Special Economic Zone developer or a Special Economic Zone unit shall be treated to be a supply of goods or services or both in the course of inter-State trade or commerce.
Background: Chapter VI (Section 119) of the Finance Act 2015 contains provisions for levy and collection of Swachh Bharat Cess (SBC). Now the Government has announced 15th November, 2015 as the date from which the provisions of Section 119 would come
Discussing GST legislative amendments, CBIC Notifications, Circulars, Judicial Developments - SC, HC & Tribunal rulings, Important Advance Rulings under GST, Key pre-GST rulings and other major updates.
EPFO ISSUED CIRCULAR CLARIFYING TDS ON INTEREST ON PF CONTRIBUTIONS IN EXCESS OF THE THRESHOLD LIMIT
The three-judge bench of Chief Justice while issuing notice to the centre seeks to amend GSTR-5A or introduce a new form to reflect in the GST return figures of revenue generated out of services to NTOR.
Meet Tanay Bhageria, a brilliant achiever from Ahmedabad who has clinched AIR-2 at the CA Intermediate level. His success stands as a testament to his unwavering dedication and hard work. The entire community joins in the celebration of this momentous achievement.
In this update, we will discuss the changes and consequences in schedule III.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English