Center approaches Supreme Court to Transfer all Online Money Gaming GST Petitions before HCs
IntroductionIn a significant move, the Indian government has approached the Supreme Court with a transfer petition, urging the consolidation of …
GST 2024
GSTN Integration of E-Waybill system with New IRP Portals
The GSTN issued Advisory No. 626 on March 8, 2024, announcing the successful integration of E-Waybill services with four new Invoice …
Fairfax commits $200 million liquidity support to IIFL Finance amidst RBI ban
Fairfax India Holdings Corporation, backed by Prem Watsa and a longstanding investor in IIFL Finance Limited, has announced its commitment …
Legal Victory: Madras High Court Upholds GST ITC Claim Despite Non-Availment in GSTR-3B, Ruling Based on GSTR-9 & 2A
Madras HC – SRI SHANMUGA HARDWARES ELECTRICALS [Writ Petition Nos. 3804, 3808 & 3813 of 2024 and W.M.P.Nos. 4105, 4107, …
High rise in GST Revenue for February 2024
₹1,68,337 crore gross #GST revenue collected during February 2024; records Year-on-Year (Y-o-Y) growth of 12.5% Average monthly gross collection for …
File GSTR-1 & GSTR-3B carefully in 2024 – A small mistake will lead to penalty of Rs.25000
Recently Department started sending notices in case of GSTR-3B not filled properly and levying general penalty of Rs.25000. To understand …
New Dates of ITR Filing FY 2023-24 (AY 2024-25)
ITR Filing Last Date FY 2023-24 (AY 2024-25) The last date to file Income Tax Return (ITR) for FY 2023-24 …
GST Portal New advisory for delay in GST Registration – Instances of Delay in registration reported by some Taxpayers despite successful Aadhar Authentication in accordance with Rule 8 and 9 CGST, Rules, 2017
In accordance with Rule 9 of the Central Goods and Services Tax (CGST) Rules, 2017, pertaining to the verification and …
IT department identifies ITR-related ‘mismatches’, announces this step for taxpayers
The Income Tax department has released an on-screen functionality on its e-filing portal for taxpayer’s response, after identifying what it …
Sebi increases scrutiny of IPO documents over use of funds
India’s market regulator is increasing scrutiny of issue documents filed by companies going public, four sources said on Monday, amid …
