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Final stage of Union Budget 2023-24 commences with Halwa Ceremony
The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North...
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Clarification on entitlement of ITC where place of supply is determined in terms of proviso to sub-section (8) of section 12 of the IGST Act
Attention is invited to sub-section (8) of section 12 of Integrated Goods and Services Tax Act, 2017 (hereinafter referred to...
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Consequences of Accepting cash while selling a Immovable property, land or house | 100% Penalty
However, is it correct that one could accept consideration in cash while selling house or land and there are no...
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How many articles can a Chartered Accountant register for articleship?
A student who has registered for the Chartered Accountancy course is required to undergo practical training under a Chartered Accountant...
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Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns – Update
In case the system does not automatically drop the proceedings or taxpayer is unable to revoke the suspension by clicking...
Read moreICAI has launched free task management or practice management software for members in Practice
It is absolutely free for all CA firms irrespective of whether you have 1 employee or 1000 employees and a...
Read moreClarification regarding the treatment of statutory dues under GST law [Read circular]
Rule 161 of Central Goods and Services Tax Rules, 2017 prescribes FORM GST DRC-25 for issuing intimation for such reduction...
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Clarifications regarding applicability of GST on certain services based on 48th GST council meeting
Therefore, as recommended by the GST Council, it is hereby clarified that accommodation services provided by Air Force Mess and...
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Clarification regarding GST rates and classification of certain goods based on the recommendations of the GST Council in its 48th meeting held on 17th December, 2022
It is hereby clarified that the applicable six-digit HS code for the aforesaid goods with description ‘Carbonated Beverages of Fruit...
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E-mail from TRACES to deductors explaining the e-verification scheme. What to do?
So, if we go through the e-mail it is mostly regarding a new feature being introduced by the Income tax...
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Module wise new functionalities deployed on the GST Portal for taxpayers – December 2022
Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to...
Read moreAdvisory on “Initiating Drop Proceeding” by taxpayers for non-filing of GST returns
Such taxpayers are advised to revoke the suspension once the due returns have been filed by clicking on “INITIATE DROP...
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MCA levies penalty on Chartered Accountant as they did not comment on non-compliance by Company in audit report
Having considered the facts and circumstances of the case and after taking into account the provisions of Rule-11 of Companies...
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Limit of SFT reporting in case of interest removed by Income Tax Department
CBDT has vide notification no. 01/2023 Dt. 05.01.2023 removed any limit for filing SFT report u/s 285A of the Income...
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Statutory Compliance Calendar for January 2023 | Income tax, GST and various other laws
Statutory Compliance Chart for the Month of January 2023: Below mentioned are some important due dates under Income tax, GST, company law...
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![[Live] Updates and Tax changes for Budget 2023 | Tax on cryptocurrency | Income tax and GST udpates in Budget 2023 [Download Bill]](https://www.taxontips.com/wp-content/uploads/2023/02/Budget-2023-120x86.webp)
- Important Direct Tax Amendments in Budget 2023 for individual and business owners
- [Live] Updates and Tax changes for Budget 2023 | Tax on cryptocurrency | Income tax and GST udpates in Budget 2023 [Download Bill]
- 2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022
- CBDT instructs Income tax officer to complete 148/ 147 assessment before 31.05.2023
- Final stage of Union Budget 2023-24 commences with Halwa Ceremony
- Clarification on entitlement of ITC where place of supply is determined in terms of proviso to sub-section (8) of section 12 of the IGST Act
- Consequences of Accepting cash while selling a Immovable property, land or house | 100% Penalty
- How many articles can a Chartered Accountant register for articleship?
- Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns – Update
- ICAI has launched free task management or practice management software for members in Practice
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