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ITC Eligibility for Leasing/Renting Motor Vehicles for Women’s Safety: Tamil Nadu AAR Ruling

By admin October 24, 2024GSTNo Comments

ITC Eligibility for Leasing/Renting Motor Vehicles for Women’s Safety: Tamil Nadu AAR Ruling Introduction In a significant ruling, the Tamil Nadu Authority of Advance Ruling (AAR) addressed the eligibility of Input…

Clubbing of Income Under Section 64 of the Income Tax Act: Key Provisions

By admin October 24, 2024UncategorizedNo Comments

Clubbing of Income Under Section 64 of the Income Tax Act: Key Provisions IntroductionSection 64 of the Income Tax Act, 1961, aims to prevent tax evasion through indirect income distribution…

Fake Rent Receipts for HRA Exemption: Risks and Consequences

By admin October 24, 2024UncategorizedNo Comments

Fake Rent Receipts for HRA Exemption: Risks and Consequences Introduction Rent receipts are crucial for employees claiming House Rent Allowance (HRA) tax exemptions, serving as evidence of rental payments. However,…

Cleaning and Worship of Books of Accounts on Diwali

By admin October 24, 2024Uncategorized1 Comment

Cleaning and Worship of Books of Accounts on Diwali IntroductionDiwali, the festival of lights, represents more than just the cleaning of homes—it is also a time to organize and refresh…

Bombay High Court: Husband Can Claim Alimony from Wife Under Hindu Marriage Act

By admin October 24, 2024HIGH COURT JUDGEMENTNo Comments

Bombay High Court: Husband Can Claim Alimony from Wife Under Hindu Marriage Act In a landmark decision that challenges traditional notions around alimony, the Aurangabad Bench of the Bombay High…

Section 194C – TDS On Payment To Contractor

By admin October 23, 2024INCOME TAX, TDSNo Comments

Section 194C – TDS On Payment To Contractor Section 194C of Income Tax Act, 1961 deals with the TDS that has to be deducted from specific payments made to resident…

Attention – Hard-Locking of Auto-Populated Liability in GSTR-3B: Streamlining GST Return Filing for Taxpayers

By admin October 23, 2024GSTNo Comments

Attention – Hard-Locking of Auto-Populated Liability in GSTR-3B: Streamlining GST Return Filing for Taxpayers In a bid to simplify Goods and Services Tax (GST) return filing and reduce human errors,…

CBIC CIRCULAR:CBIC Empowers Principal Bench of GST Appellate Tribunal to Hear Anti-Profiteering Cases

By admin October 23, 2024UncategorizedNo Comments

CBIC CIRCULAR:CBIC Empowers Principal Bench of GST Appellate Tribunal to Hear Anti-Profiteering Cases The Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 18/2024 – Central Tax on…

GST Update : Amnesty scheme for FY 17-18, 18-19 & 19-20 :Section 128A

By admin October 23, 2024GST, GST Amnesty SchemeNo Comments

GST Update : Amnesty scheme for FY 17-18, 18-19 & 19-20 :Section 128A The Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 21/2024–Central Tax on 8th October…

Revised Guidelines for Preventing Prosecution in Income Tax Offences: A Major Relief for Taxpayers

By admin October 23, 2024CBDT, Circulars, INCOME TAXNo Comments

Revised Guidelines for Preventing Prosecution in Income Tax Offences: A Major Relief for Taxpayers The Income Tax Department has recently issued revised guidelines for compounding offences under the Income Tax…

ITC Eligibility for Leasing/Renting Motor Vehicles for Women’s Safety: Tamil Nadu AAR Ruling

Clubbing of Income Under Section 64 of the Income Tax Act: Key Provisions

Fake Rent Receipts for HRA Exemption: Risks and Consequences

Cleaning and Worship of Books of Accounts on Diwali

Bombay High Court: Husband Can Claim Alimony from Wife Under Hindu Marriage Act

Section 194C – TDS On Payment To Contractor

Attention – Hard-Locking of Auto-Populated Liability in GSTR-3B: Streamlining GST Return Filing for Taxpayers

CBIC CIRCULAR:CBIC Empowers Principal Bench of GST Appellate Tribunal to Hear Anti-Profiteering Cases

GST Update : Amnesty scheme for FY 17-18, 18-19 & 19-20 :Section 128A

Revised Guidelines for Preventing Prosecution in Income Tax Offences: A Major Relief for Taxpayers

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