Author: Kewal Garg
Explore CBIC's revised SOP for GST return scrutiny from FY 2019-20, featuring an automated ACES-GST module for risk-based analysis. Key timelines, processes, and compliance tips for taxpayers and officers.
Explore the updates in e-Waybill System relateing to de-enrolment for transporters, cancellation of common enrolment, login for cancelled taxpayers and implementation of 2FA.
CBDT has amended the provisions of the 'Angel Tax' under Section 56(2)(viib) of the Income Tax Act, 1961, to exempt or exclude start-ups recognized by the DPIIT, vide Notification …
The tax exemption limit for non-government (private sector) salaried employees on leave encashment has been raised from Rs 3 lakh to Rs 25 lakh, effective April 1, 2023.
Exploare the clarifications provided by CBDT in Circular 6/2023 on registration, approval processes and compliance issues in respect of charitable and religious trusts under Income-tax.
CBDT has issued clarifications/guidelines for removal of doubts of the online gaming platforms for compliance with requirements of TDS u/s 194BA on winnings, read with new IT Rule 133 …
Discover how the Centre for Processing Accelerated Corporate Exit (C-PACE) simplifies the process of striking off companies from the MCA Register, fostering ease of doing business in India.
Discover the innovative Automated GST Return Scrutiny Module introduced by CBIC, designed to enhance tax compliance, reduce manual intervention and increase tax administration efficiency using data analytics.
CBIC announces a further reduction in the aggregate turnover threshold limit, from Rs 10 crore to Rs 5 crore, for 'e invoicing' of B2B transactions, effective 01/08/2023.
Discover how the CBIC's Special All-India Drive aims to combat fake GST registrations by detecting and eliminating fraudulent GSTINs, safeguarding government revenue and ensuring the GST ecosystem's integrity.