Availing the tax credit runs on the basic fundamental according to which any goods or services should not be taxed repeatedly. It means that all the taxes earli...
Finance Minister Nirmala Sitharaman has announced that the Budget 2024 has introduced several significant amendments to the Income Tax Act of 1961, which will come into effect on October 1, 2024.
Discussing the 15 amendments introduced by Union Budget 2021, in the GST Act and its implications on professionals and taxpayers.
What is a habit? Which habits should we inculcate? Why are habits important? How long does it take to develop a habit?
A company secretary plays a vital role in ensuring that a business is compliant with legal, Taxation, Accounting, and regulatory requirements.
In this article, we are going to understand more about articleship, whether you should take it seriously or not, and if you do, then how to make the best use of it and how to choose the right firm for you.
Form GSTR-4 is a return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act for every quarter. This form was applicable from July-Sep 2017 till Jan-Mar 2019 and filed on quarterly frequency.
Zero rated supplies are those supplies on which you can claim input but Vat is charged at zero rate.
If the input tax as is attributable to the ITC restricted to taxable supplies Section 17(2) says that where the goods and/or services are used by the registered taxable person partly for effecting taxable supplies including zero-rated supplies under this Act Or under the IGST Act.
My journey is by no means over. In fact, it is just getting started and I am looking forward to many more decades of adventure.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English