Unique Identification Marking under GST to Track and Trace Mechanism
The government will going to insert a Track and Trace Mechanism to monitor the complete supply chain of goods. The […]
GST on Sponsorship Services: FCM for Corporate Sponsorships
Sponsorship services means when a companies or individuals supports another group or individual to help in exchange for getting advertised
LIC Unclaimed Amount: Steps to Get Your Money Back
Sometimes, a policyholder buys an LIC policy but for some reasons the benefits remain unpaid due to non-payment of premiums,
One Nation One Election: What’s in the Bill?
One Nation One Election means structuring the Indian election cycle in a manner such that elections to Lok Sabha and
Tax Audit Form: Applicability of Form 3CA-3CD
Tax audit form is used to report details of a tax audit conducted under Section 44AB of the Income-tax Act.
Income Tax Return Forms: Filing Deadlines by December 2024
There are various Forms which are used to report TDS, TCS, or other tax-related transactions. To avoid penalties, businesses, companies,
Section 92E of the IT Act: Due Date Extended to 15th December 2024
Section 92E applies to international and specified domestic transactions between Associated Enterprises (AEs), with at least one party being a
PAN 2.0: Card Gets a Tech Upgrade with QR Code
PAN 2.0 is an e-Governance project approved by the Indian government to modernize PAN/TAN services which will upgrade the current
Income Tax Refund Claim Window Reduction
Income Tax Refund Claim Window Reduction means taxpayers now have 5 years instead of 6 years from the end of
Section 185 of Companies Act 2013: Restrictions on Director Loans
Section 185 of Companies Act 2013 prohibits companies from giving loans. According to Section 184(1) of the Act, a company
GSTR-2B Duplicate Issue : What to Do with Duplicate ITC?
GSTR-2B duplicate issue means the same input tax credit (ITC) is reflected more than once which may be due to
Gold Possession Limits Under Income Tax Rules
Gold is purchased for a variety of reason such as for auspicious occasions or for daughter/son’s marriage in future. It