What is Advance Tax in India and Who Needs to Pay It?
What is Advance Tax in India and Who Needs to Pay It?
GST Case Law : Resolving ITC Discrepancies and Transitioned Credits – Allahabad and Madras HC Rulings
Two recent GST case law developments have significantly favored the assessee in matters concerning Input Tax Credit (ITC). These cases highlight crucial interpretations of the GST Act provisions and are…
How do I report Cryptocurrency gains in my Income Tax Return?
How do I report Cryptocurrency gains in my Income Tax Return?
JustIS App – A Digital Tool for Efficient Court Management
JustIS App - A Digital Tool for Efficient Court Management
Is late fee on non filling of TDS return 200 per day allowable or is disallowed under income tax?
Under the Income Tax Act of India, the late fee for not filing the TDS (Tax Deducted at Source) return is levied at ₹200 per day until the return is…
What are the common mistakes businesses should avoid when filing GST returns?
When filing GST returns, businesses often encounter several pitfalls. Avoiding these common mistakes is crucial for compliance and to prevent unnecessary penalties: Incorrect or Incomplete Information: Ensure all details, such…
Is GST charged on international transactions?
GST (Goods and Services Tax) on international transactions in India is determined by the nature of the transaction:- Export of Goods and Services: GST is not levied on the export…
What are the tax implications of leaving a company in India?
What are the tax implications of leaving a company in India?
If a customer does partial payment of the invoice amount, How to adjust or recover GST
Query - If a customer does partial payment of the invoice amount but GST has been paid fully, how can excess GST be recovered? Ans - When a customer makes…