Form GST-ITC-04 is the Quarterly return filed by the Manufacturer to take credit of Tax paid on goods purchased and sent to Job-work.
Background Every registered person is eligible to avail credit of input tax charged on any supply of goods or services, which are used in the course or �f
In the vast landscape of financial options, two prominent players often stand out – personal loans and business loans. Understanding the intricacies of each can be the key to making informed financial decisions that align with your needs and goals.
My article emphasizes the pivotal role of planning and strategy as essential tools for navigating and overcoming the obstacles and challenges presented by the passage of time.
Blocking of ITC u/s 86A is possible only when the officer has a strong case; opportunity of being heard has to be provided to the taxpayer also
The Reserve Bank of India (RBI) issued a circular, RBI/2023-24/90, on December 19, 2023, addressing concerns related to investments in Alternative Investment Funds (AIFs) by regulated entities (REs).
Recently, the Government of India introduced the Consumer Protection (Direct Selling) Rules, 2021 to regulate activities related to direct selling. These rules aim to protect consumers and ensure fairness in the direct selling business.
Startup India Certification is a recognition granted by the Government of India to eligible entities that meet the criteria specified under the Startup India initiative.
IBC does not explicitly provides for dealing with cases of group insolvency. However, the Adjudicating Authority (AA) at several occasions, has attempted to consolidate the insolvency resolution processes of such companies because of the higher possibility of revival and better value realization.
The Central Board of Direct Taxes (CBDT) has recently released the Income-tax (Twenty-Ninth Amendment) Rules, 2023, making significant changes to how intra-group loans are treated for tax purposes.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English