A correct interpretation of Section 87A of the Act will ensure both fair tax treatment for small taxpayers and the prevention ...

Gurugram, one of India’s leading real estate destinations, is witnessing a growing demand for RERA-registered agents due to ...

1. Brief details of Information collected/received.

There is no legal restriction on the time of issuing a credit note; however, it must be reported in GST returns within a ...

The Finance Act, 2023 introduced Clause (h) under Section 43B of the Income Tax Act, which disallows deduction for payments due to Micro and Small Enterprises (MSEs) if not made within the prescribed ...

Introduction If you’re a tour operator offering package tours to foreign tourists, and the tour covers places inside India and outside India (like ...

In the GST regime, certain services relating to education, training, arts, culture, sports, and yoga are exempt from tax if specific conditions are met. These exemptions are mainly covered under ...

Once crypto moves from an exchange to a private wallet, tracking becomes tough. Some traders exploit this by using privacy-focused coins like Monero or Zcash, which are nearly impossible to trace.

1. Tax Disallowance: If you don’t pay your MSE supplier within 45 days, you cannot claim that expense as a deduction while calculating taxable income in that financial year. This means you might have ...

Delhi High Court held that principle enunciated in the criminal jurisprudence in respect of a ‘proof beyond reasonable doubt’ was erroneously applied to section 148 of the Income Tax Act. Thus, order ...

Additionally, CBIC announces a partnership between the National Academy of Customs, Indirect Taxes & Narcotics (NACIN) and the Indian Maritime University (IMU) to establish a Marine Customs Training ...

Revised Entitlement of Trainees for Trainers (Company Secretary in Practice/Corporate Trainers/Other Entities/LLPs) registered with the Institute for imparting Long Term Practical Training to CS ...