Author: Kewal Garg
The GST regime aims to simplify and standardize refund procedures through an automated, tech-driven mechanism for timely processing and disbursal of refunds. This guide covers types of refund, process, …
CBDT instructions regarding revision of timeline and monetary limits for withholding tax refunds under Section 245 of the Income Tax Act
Explore the new requirement of 2FA for accessing e-Way Bill and e-Invoice System by taxpayers with AATO above Rs 20 cr from November 20, 2023.
GSTN Advisory about newly introduced biometric Aadhaar-based authentication and verification procedure for GST registration applicants in Puducherry and Gujarat.
CBIC notifies one-time special procedure for specified taxpayers to file delayed appeals by 31/01/2024 against GST orders passed under Sections 73 & 74, relaxing norms beyond previous deadline of …
CBIC clarifications vide Circular 206/18/2023 on levy of GST for passenger transport, renting of vehicles, supply of electricity by landlords, job work services for malted barley, exemptions for DMFTs …
CBIC circular 205/17/2023 clarifies 5% GST rate applicability on imitation zari threads/yarns made from metallized polyester/plastic films based on recommendations of the 52nd GST Council meeting.
CBDT notifies changes in ITR-7 for AY 2023-24 to allow separate reporting of 115BBI income and correct computation of tax by applying normal rates only on other income.
The MCA has notified rules requiring Indian companies to designate a person responsible for reporting beneficial ownership information to authorities, improving transparency.
MCA has notified new rules mandating public companies and larger private companies to dematerialize their securities to improve governance.