No GST on Shares Held in a Subsidiary Company: CBIC Clarification
Discover CBIC's recent clarification on whether holding shares in a subsidiary company attracts GST. Learn about exemptions and tax implications.
Tag: Clarifications
GST TCS Liability in Case of Multiple ECOs in One Transaction (ONDC): CBIC Clarification
Gain a clear understanding of TCS liability under Section 52 of CGST Act when multiple E-commerce Operators are involved. Read CBIC's circular.
Handling ITC Differences in GSTR-3B & 2A: CBIC Clarification
Learn how to manage Input Tax Credit (ITC) differences between FORM GSTR-3B and 2A during 01/04/2019 to 31/12/2021, as per CBIC clarification Circular 193/05/2023.
Interest on Wrong Availment of IGST Credit: CBIC Clarification
CBIC clears the confusion around interest charges for wrong IGST credit under GST. Stay compliant and understand the rules to avoid penalties. Read now.
Amendments in Taxation of Non-residents for Off-Shore Investment via AIF
Explore the modifications introduced in CBDT Circular 12/2023, clarifying the taxability of income derived by non-resident investors from off-shore investments via an AIF.
CBDT’s FAQs/Clarifications on TCS for LRS & Overseas Tours
Explore the CBDT Circular 10/2023 on FAQs/Clarifications regarding TCS on Liberalised Remittance Scheme (LRS) and overseas tour packages.
Clarifications on Tax Compliance Issues of Charitable Trusts
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 Clarifications for TDS u/s 194BA on Winnings from Online Games
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 …
CBDT Clarification on Salary TDS under New Tax Regime: Income Tax Circular 4/2023
Ensure a smooth TDS process for salary income with CBDT's Circular 4/2023. Get a comprehensive overview of the new tax regime now!
GST Council Clarifies Nil & 5% GST Rate on Unpackaged/Pre-Packaged Rab
GST Council clarifies 5% GST rate on pre-packaged and labelled Rab, Nil GST on unpackaged Rab sold loose. Past transactions also regularized.