GST Council likely to define MUVs and XUVs for levy of 22% cess: Report
Currently, such imports attract 5 per cent or 12 per cent IGST The GST Council is likely to clarify on …
CA GURUJI CLASSES
Difference in ITC (GSTR-3B Vs 2A) for the period 1.4.2019 to 31.12.2021 – GST circular 193/05/2023 – 17 July 2023
What was the Issue: Due to Change in ITC claiming Rules, There are differences arise in GSTR-3B vs GSTR 2A …
Changed your job? Here’s how to change Exit Date on EPFO website
The Employees Provident Fund Organisation (EPFO) has announced that the employees who change their jobs can update their exit date …
Section 80TTB – Deduction of Interest for Senior Citizens
Section 80TTB of the Income Tax Act, 1961 is a provision that provides tax benefits to senior citizens on interest …
20 Important Decisions of 50th GST council meeting
50TH GST COUNCIL MEETING WAS HELD ON 11 JULY 2023 AT VIGYAN BHAWAN NEW DELHI AND ANNOUNCED MAJOR CHANGES IN …
Exempt Income of Charitable Institution or Fund [Section 10(23C)(iv)]Â
![Exempt Income of Charitable Institution or Fund [Section 10(23C)(iv)]Â](https://taxupdates.cagurujiclasses.com/wp-content/uploads/2023/07/blog-14-768x432.jpg "Exempt Income of Charitable Institution or Fund [Section 10(23C)(iv)]Â")
Any income of a charitable institution or fund which is approved by the Principal Commissioner or Commissioner having regard to …
Exempt Income of Local Authority in India
As per Section 2(31) Person for the purpose of Income Tax Act includes inter alia a Local Authority. Meaning: For the …
Exempt Income of research association [Section 10(21)]Â
![Exempt Income of research association [Section 10(21)]Â](https://taxupdates.cagurujiclasses.com/wp-content/uploads/2023/07/blog-11-768x432.jpg "Exempt Income of research association [Section 10(21)]Â")
Any income of a research association, approved under section 35(1)(ii)/(iii) is exempt from tax, if following conditions as specified in …
GSTN (Goods & Services Tax Network) brings under PMLA
As per Notification under section 66 of PMLA, 2002 Dated 7 July 2023, Government brings GSTN under PMLA (Prevention of …
New feature on Income Tax portal – Know your Refund Status
Earlier this option was on NSDL website, Now know your Refund Status option is in Quick links of www.incometax.gov.in you …
