By: AdminApril 30, 2024Categories: GST Recent News4 Min Read The GST Council at its meeting in June 2022 had decided to impose 5% GST on pre-packed and pre- labelled rice…
Assessee would be considered as electronic commerce operator when digital gold is sold through the platform and sale amount is directly paid through escrow account for which commission is charged
By: AdminApril 30, 2024Categories: Advance Ruling-New4 Min Read The Karnataka, AAR in the case of In Re. M/s. Changejar Technologies Private Limited [Advance Ruling No. KAR ADRG 08/2024 dated February…
Online gaming: Understanding the tangled web of taxes
By: AdminApril 30, 2024Categories: GST Recent News4 Min Read The taxability of online gaming services under goods and services tax (GST) has always been tricky, hinged on the distinction of…
Income-Tax Return: Big relief for tax deductors! All taxpayers need to know about PAN-Aadhaar non-linkage
By: AdminApril 30, 2024Categories: Income Tax|Income Tax News4 Min Read In a relief for companies, the Central Board of Direct Taxes (CBDT) has said that the tax deductors/collectors will not…
Businessman Sentenced to One-Year Imprisonment for Bounced Cheques to Income Tax Department
By: AdminApril 30, 2024Categories: Income Tax News|News4 Min Read A businessman was sentenced by a Gandhinagar court to a year in prison following a lawsuit from the income tax department…
Patanjali Group firms under DGGI scanner for non-payment of GST, fake ITC
By: AdminApril 30, 2024Categories: GST Recent News4 Min Read Fresh troubles seem to be in the offing for Patanjali Group companies led by Baba Ramdev. Directorate General for GST Intelligence…
DGFT issued Corrigendum to it’s Public Notice on modification of SION E-124 for export item Refined Sunflower Oil (Edible Grade)
By: AdminApril 29, 2024Categories: DGFT|Notification And Circular4 Min Read The DGFT issued Corrigendum dated April 29, 2024 to Public Notice No.01/2024 dated April 09, 2024 on modification of SION E-124…
All About GST Registration And Step By Step Process
By: AdminApril 29, 2024Categories: GST Recent News4 Min Read The Goods and Services Tax (GST) registration process is now online and must be completed on the government website at gst.gov.in.…
Trade bodies challenge new income tax provision for micro, small enterprises in Supreme Court
By: AdminApril 29, 2024Categories: MSME|News4 Min Read Three trade bodies have moved the Supreme Court against a new income tax provision related to payment to micro and small enterprises. Federation…
SEZ units furnishing LUT are not required to pay GST on RCM for services availed from DTA supplier
By: AdminApril 29, 2024Categories: Advance Ruling-New4 Min Read The Gujarat, AAR in the matter of M/s. Waaree Energies Limited [Advance Ruling No. GUJ/GAAE/R/2024/09 dated April 16, 2024] held that the…