How to Rectify Wrongly Availed ITC: Step-by-Step Guide from Circular 237/2024
The Circular No. 237/31/2024-GST, dated October 15, 2024, clarifies the provisions related to the implementation of sub-sections (5) and (6) …
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GST on Metal Scrap: New Provisions Effective from 10th October 2024
The GST Council has introduced new provisions regarding the treatment of metal scrap under the Goods and Services Tax (GST), …
CBDT Issues FAQs on Direct Tax Vivad Se Vishwas Scheme, 2024 to Provide Clarity
The Central Board of Direct Taxes (CBDT) has issued a Guidance Note in the form of Frequently Asked Questions (FAQs) …
CBDT Simplifies Registration Process for Charitable Organizations: Key Changes in Forms 10A and 10AB
The Central Board of Direct Taxes (CBDT), vide Notification No. 111/2024 dated October 15, 2024, has introduced the Income-tax Amendment …
Income-Tax Forms Updated for Salaried Persons: Key Changes in TDS and TCS Reporting
On October 15, 2024, the Central Board of Direct Taxes (CBDT) issued Notification No. 112/2024, introducing the Income-tax (Eighth Amendment) …
GSTR-9 for FY 2023-24: New Offline Tool Launched with Updated ITC Reconciliation
After a long wait, taxpayers can now breathe a sigh of relief as the new GSTR-9 Offline Tool for filing …
New IMS System of GST is Live on GST portal to take actions on invoices – Accept, Reject and Pending
Attention – Advisory on Invoice Management System (IMS) Date: October 14th, 2024 The Invoice Management System (IMS) has been made …
Income Tax audit deadline extended to Nov 10: Know who benefits from step
The Central Board of Direct Taxes (CBDT) has extended the deadline for filing income tax audit reports for trusts, institutions, …
Advisory for Taxpayers: New TDS & GST Provisions for Metal Scrap Transactions and do this on GST Portal now
Date: October 13th, 2024 The government, through Notification No. 25/2024-Central Tax, issued on October 9, 2024, has introduced an important …
Circular No. 235/29/2024-GST: CBIC Clarifies GST Applicability for Key Goods Based on GST Council’s 54th Meeting Recommendations
The Central Board of Indirect Taxes and Customs (CBIC), through Circular No. 235/29/2024-GST dated October 11, 2024, issued vital clarifications …
