Banks write off bad loans worth Rs 2.09 lakh crore in 2022-23: RBI
The RBI’s RTI reply to The Indian Express says that loan write-offs by banks rose to Rs 209,144 crore during…
Author: TW Editorial Team
TW Editorial Team comprises of team of experienced Chartered Accountants and Advocates devoted to spread the knowledge of GST amongst the various stakeholders.
GST rate rejig off the table for now
The recent meeting of the GST Council did not reconstitute the key ministerial group responsible for examining the matter NEW…
Income Tax Returns: Types of forms , which form for whom and Due Dates
What are the forms of return prescribed under the Income-tax Law? Under the Income-tax Law, different forms of returns are…
e-Filing of Income Tax Returns: All you need to know
The user can file the Income Tax Return (ITR) in two ways i.e. online and offline. The steps required under…
How to Download GST Registration Certificate from GST Portal
In this article we shall understand the step wise process to how to download GST registration certificate. Every person whose…
Rent Paid to Wife Qualifies for HRA Exemption u/s 10(13A)
Generally, it is said that a husband cannot give rent to wife to avail HRA exemption as it is viewed…
Offline utility for GSTR-9 and GSTR-9C for the FY 2022-2023 released
GSTR-9 is the annual return to be filed by every GST registered taxpayer for FY 2022-23 if its turnover exceeds…
Exposure Draft of Guidance Note on Tax Audit for AY 2023-24 issued
The law has entrusted onerous responsibility of conducting tax audit under section 44AB on chartered accountants in practice. For compiling…
Can GST be paid by Credit Card / Cash: All about GST payments
Due GST payments after utilising the eligible input tax credit can be made either online or offline. Besides many one…
IT Deptt. told to adjust tax paid by wife with demand on husband
MUMBAI: The Income-tax Appellate Tribunal’s (ITAT) Mumbai bench recently dealt with a case where the long-term capital gains earned by…
Salaried individuals under I-T scanner: Notices served for documentary proof to claim exemption
A cavalier attitude towards filing of income tax returns (ITRs), complete with fake rent receipts from close relatives, extra claims…
Xiaomi, Oppo, Vivo and Lenovo being probed for alleged GST evasion
In a reply to an unstarred question in the Rajya Sabha, Rajeev Chandrasekhar, minister of state for electronics and IT,…