“GST Alert: Major changes for Restaurants Effective 1st April 2025”
Important GST Update for Restaurants (Effective from 1st April 2025) 31st March 2025 is the last date to file declaration The concept of Declared...
Appreciating the Timely Clarification by @Infosys_GSTN & GSTN Team regarding technical issue in SPL-01 and SPL-02 for availing benefit of Waiver Scheme
GST Waiver Scheme (SPL 01/02) Filing Issues – Important Update from@Infosys_GSTN It has been brought to the notice of@Infosys_GSTN that taxpayers are facing issues while...
Withdrawal of Appeal & Special Rectification Under NNo. 22/2024: A Viable Approach for ITC Disallowed Under Section 16(4)?
ITC Disallowed Demand under 16(4) – Withdrawal of Appeal & Special Rectification under NNo. 22/2024 For cases where ITC was disallowed under Section 16(4) and...
87A Rebate Claims Rejected in Revised ITRs Despite High Court’s Relief – A Critical Concern for Taxpayers & Professionals!
Rejection of 87A Rebate Claims in Revised ITRs despite High Court’s Interim Relief!! Must Read for all professionals interested in 87A issue!! Revised ITRs filed...
Applicability of ICAI’s New Financial Statement Format for Non-Corporate Entities – Is It Mandatory for FY 2023-24?
Whether format as per Guidance note on Financial Statements of Non-Corporate Entities issued by ICAI, containing comparative figure of previous year is mandatory for FY...
SPL-02 FILLING PROCEDURE WITH SCREENSHOTS
SPL-02 are now being successfully filed on GST Portal. Filing Process is easy & user friendly. Here is the complete procedure with Screenshots for filing...
Instruction No. 1 dt 30th May 24 regarding initiation of recovery proceeding before the normal 3 months period from date of service of order!
Instruction No. 1 dt 30th May 24 regarding initiation of recovery proceeding before the normal 3 months period from date of service of order! Proviso...
TDS to be deducted by Govt./Local Authorities on supplies made by an unregistered person?
TDS to be deducted by Govt./Local Authorities on supplies made by an unregistered person? An Analysis – Nowhere it is mentioned in section 51 that...
“Fixing a Mistake: Wrong TAN in TDS Challan Deposite!”
Entered wrong TAN while depositing TDS challan!! Deposited Offline Correction through Bank,if request made within 7 days, Otherwise through concerned AO Deposited online – Correction...
BIG RELIEF FOR TDS DEDUCTORS/COLLECTORS [SPECIALLY FOR TDS DEDUCTORS ON PURCHASE OF PROPERTY]
BIG RELIEF FOR TDS DEDUCTORS/COLLECTORS [SPECIALLY FOR TDS DEDUCTORS ON PURCHASE OF PROPERTY] TDS/TCS ON HIGHER RATE i.e. 20% u/s 206AA/206CC not applicable for transactions...