No GST on Loan from related person without consideration: CBIC
CBIC has vide its Circular No. 22/16/2024-GST dated 26th June, 2024 has clarified that no GST is applicable on Loan…
CBIC has vide its Circular No. 22/16/2024-GST dated 26th June, 2024 has clarified that no GST is applicable on Loan…
CBIC vide Circular No. 211/5/2024-GST dated 26th June, 2024 has clarified that input tax credit can be availed in respect…
Patna High Court in its recent ruling in the case of M/s. Aastha Enterprises v. State of Bihar has held…
The GST Council in its 50th Meeting had inter alia recommended as under in regard to Mechanism to deal with…
Rule 86B was inserted vide notification number 94/2020 dated 22nd December, 2020 and was made effective from 1st January 2021. As…
The Andhra Pradesh High Court in its recent judgment in the case Thirumalakonda Plywoods v. The Assistant Commissioner has inter alia…
The CBIC has issued various GST Rate Notifications dated 26th July, 2023 to give effect to the recommendation as discussed…
Many people inquire if filing ITRs is at all necessary, especially, if their income does not exceed the exemption limit.…
Internal audit is one of the key elements of organizational governance and provides independentassurance to the Board / Audit Committee…
For a normal salaried individual the due date for filing income tax return (ITR) for the AY 2023-24 (FY 2022-23)…
GST on allocation of expenses and cost of internally generated services by Head Office (HO) to Branch Office (BO) has…
CBIC has issued a clarification vide Circular No. 192/04/2023-GST dated 17th July,2023, on charging of interest under section 50(3) of…