Did you Know the Importance of Form No. 16B from Trade & Industry Perspective ?
What is Form 16B?
Form 16B is a vital document in the Indian income tax system. It serves as a certificate that a deductor issue to ...
Tax
Are you Filing the Correct ITR
Let’s understand the various Types of ITR :
ITR-1 (SAHAJ):
This form is most likely the one you would be filing your tax retur...
No Income tax payment required if your income is 10 Lakh Rupees P.a.
Section 80C: This is perhaps the most well-known píovision. It allows deductions foí investments such as:
Equity Linked Saving Schem...
GST ON SALE OF COMMERCIAL PROPERTY
Note : GST will not be applicable on residential property sales or the sale of land devoid of any structures.
Q. Whether GST Will be...
GENERAL CONTENT WHICH SHOULD BE PART OF NOTICE
The statutory provision and the period for which the proposed action is contemplated.
The records or evidence which is relied on by ...
Important Aspects Regarding GST Audit Finalisation
Important Area for Auditor :
Maintenance of Books of Accounts
Supply & time and Place of Supply
Value of Supply
Tax...
Are you worried about replying a notice under GST ?
This Article will cover all the important aspects which should be kept in our mind while drafting Reply for any Notice under GST.
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TAX COLLETCED BUT NOT DEPOSITED TO THE GOVERNMENT – IMPLICATION ANALYSIS FROM GST PERSPECTIVE
Notwithstanding anything to the contrary contained in any order or direction of any Appellate Authority or Appellate Tribunal or court ...
Recognition of Time and Value of Supply from GST Perspective
Discussion from Time of Supply Perspective
As per the provisions of CGST Act, in respect of Time of Supply of Goods‘ revenue shal...
GST RETURNS ANALYSIS FROM GST AUDIT PERSPECTIVE
This is a most vital area before commencement of the Audit program. A great deal of the groundwork can be done upon analysis of the ava...
