Important updates - Tax and Regulatory Relief in GST reporting in tax audit report The government issued Income Tax Circular no. 10/2020 dated 24.04.2020 in relation to reporting requirements in two clauses of the…
GST Updates Form GST PMT-09 Since the advent of the Goods and Services Tax (GST) regime, there have been issues that have needed either amendments…
GST Updates Relief in GST Compliances Notification 30/2020, Notification 31/2020, Notification 32/2020, Notification 33/2020, Notification 34/2020, Notification 35/2020 and Notification 36/2020 The Government announced certain relief…
Batch Announcements Online course on GST for non-commerce graduates Who should enrol? A lot of people are generally inquisitive about how direct and indirect tax actually work. A few…
Batch Announcements Online Course on GST Law – for commerce graduates Why online training? Due to the current lock down situation, I’ve taken a decision to covert my offline training into…
Important updates - Tax and Regulatory Press Release 24th March 2020. Changes in tax compliance and other regulatory matters amid lockdown due to coronavirus In a press conference, Finance Minister Nirmala Sitharaman made announcements which were divided into the following major heads: Income Tax…
Uncategorized Interest on gross tax liability or net tax liability – Section 50(1) read with proviso In a recent Madras High Court judgement in the case of M/s. Refex Industries Limited the Madras High Court has…
Uncategorised Notices received by taxpayers on ‘Restriction on availment of credit’ An email is being circulated by the department that conveys restriction on availment of ITC where supplier has failed to…