Section 80D: Tax Benefits on Health Insurance Premiums
Section 80D of the Income Tax Act in India provides deductions on premiums paid for health insurance policies, offering taxpayers […]
Supreme Court Verdicts Impacting Taxation
The Supreme Court of India has significantly influenced Indian taxation. The Court has clarified complex legal issues and interpreted tax
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
TDS on Metal Scrap: Reporting Issues and Resolution
TDS on Metal Scrap refers means that a businesses must withhold amount while making payments to suppliers for the purchase
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
GST On Food Delivery Charges: Authorities Question Swiggy And Zomato
GST on Food Delivery Charges means the tax levied on meals ordered through food delivery platforms like Swiggy, Zomato, etc.
CRS and FATCA: Enhancing Tax Transparency on Foreign Assets & Income
CRS and FATCA are global frameworks to curb tax evasion by promoting financial transparency and information sharing among countries. Purpose
GSTR-2B: Why GSTR-2B for October 2024 is Missing?
GSTR-2B is a statement which has been generated on the basis of the information furnished by your suppliers or by