Tag: taxontips

the mandatory audit applies to taxpayers whose turnover exceeds ₹5 crores in a financial year across all it's GST numbers ...

The notice is being served on the deductor for AY 2021-22 or AY 2022-23 in relation to the feedback being ...

GSTN is introducing two-factor authentication (2FA) for taxpayers to strengthen the login security in GST portal. The pilot rollout has ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of December 2023.

For making an application in Form 13 with Annexure II the tax-payer/Deductee shall login into the TRACES website (www.tdscpc.gov.in), for ...

Hon'ble Mumbai ITAT has passed an order in case of Ms. Shobha Harish Thawani for AY 2016-17, 2017-18 and 2018-19 ...

The gross GST revenue collected in the month of November, 2023 is ₹1,67,929 crore out of which CGST is ₹30,420 crore, SGST is ₹38,226 ...

there are other conditions prescribed under section 10(6)(vi) which needs to be fulfilled to get the above exemptions by foreign ...

Amnesty for Taxpayers: The GST Council, in its 52nd meeting, recommended granting amnesty to taxpayers who could not file an ...

As of now there is no clarity as to why discard return option is better than filing a revised return, ...

In the first wave of the operation, a total of 48 fake/bogus firms – either non-existent or paper firms – ...

The said amount of ITC is required to be reversed by such taxpayers, while furnishing a return in FORM GSTR-3B ...

As per the above points it was mentioned that TDS/ TCS needs to be deducted/ collected at higher rates. This ...

Section 115BAC deals with lower/ concessional tax rates for individual, HUF etc. rather than the tax rates prescribed for individual ...

Taxpayers can now file appeal in FORM GST APL-01 on the GST portal on or before January 31, 2024 for ...