Section 194Q – TDS on Purchase
Section 194Q is a provision introduced in the Income Tax Act, 1961, by the Finance Act, 2021. It deals with …
updates
85% taxpayers opt for old regime, 55% fully utilise 80C benefit: survey
Only 15% of India’s taxpayers chose the new tax regime, showed the findings of a survey by Clear, an online …
GST levy on online gaming may not impact taxation on e-sports, video games
The recently imposed 28 per cent goods and services tax (GST) on online games involving real money will not impact …
We changed perception tax paid by citizens is squandered in corruption: PM
Prime Minister Narendra Modi on Sunday asserted that his government has changed the perception that the tax paid by citizens …
Individuals reporting annual income of above Rs 1 cr doubles in 2 yrs
Individuals reporting annual total income of over Rs one crore have doubled to 1.69 lakh in the two-year period ending …
GSTR-9 Optional & Mandatory Tables for FY 2022-23
Just Like FY 2020-21 & 2021-22 for FY 2022-23 also CBIC notified Mandatory and Optional Tables of GSTR-9 and 9C …
Exemption to file GSTR-9 (GST Annual Return) & New Late Fee for FY 2022-23
What is GSTR-9 (GST Annual Return) GSTR-9 is a GST Annual return form under the Goods and Services Tax (GST) …
Blocking of GSTR-1 New Rules w.e.f 4 August 2023
Government is making GST Rules strict in order to prevent Fake GST Registrations and misuse of ITC. IT is very …
New: DRC-01B, DRC-01C, DRC-01D under GST – for Mismatch in GST liability & ITC in GST Returns
New Rule 88C was inserted in 26th December 2022 under CGST Rules 2017: Rule 88 C. Manner of dealing with …
Govt appoints Sanjay Kumar Agarwal as CBIC chairman, to succeed Vivek Johri
Central Board of Indirect Taxes and Customs The government on Saturday appointed Sanjay Kumar Agarwal as chairman of the Central …
