Income Tax Dept. advises Taxpayers to Verify Bank Account Validation Status
The Income Tax Department has issued an important update for taxpayers, emphasizing that refunds will only be credited to validated […]
Important News, Income Tax
Important News
Important News, Income Tax
CBDT records signing of 95 APAs in FY 2022-23, the highest ever in any financial year since the launch of the APA programme
The Advance Pricing Agreement (APA) programme of CBDT is one of its foremost initiatives for promoting an investor-friendly and non-adversarial
Important News, Income Tax
Clarification from Income Tax Dept., this 80P error was sent inadvertently, email communication will be sent shortly by them
The Income Tax Department has issued a clarification regarding the inadvertent 80P error, assuring taxpayers that email communication addressing this
GST Law, GST Portal Updates, GST Portal Updates, Important News
GSTN issued Important Advisory on Reporting of ITC Reversal Opening Balance
The Goods and Services Tax Network (“GSTN”) has issued an Advisory on Reporting of ITC Reversal Opening Balance. Please read
GST Law, GST Portal Updates, GST Portal Updates, Important News
Introduction of Electronic Credit Reversal and Re-claimed statement on the GST Common Portal; All You Need To Know
The Goods and Services Tax Network (“GSTN”) has issued an Advisory No. 601 dated August 31, 2023 on the introduction
CBDT Notification, Important News
CBDT released Fourth Annual Report Highlights APA Trends in International Transactions
The Central Board of Direct Taxes (CBDT) has released its fourth Annual Report on the Advance Pricing Agreement (APA) Programme,
Important News, Income Tax
Income Tax Department Enables Functionality for Revision of Form 27C on e-Filing Portal
The Income Tax Department on August 28, 2023 released an update that enables the Functionality for Revision of Form 27C
Important News, Income Tax
Income Tax Department released the latest FAQs for Form 27C
The Income Tax Department on August 28, 2023 released the latest Frequently Asked Questions (“FAQs”) for Form 27C. Question 1:
GST Law, GST Portal Updates, GST Portal Updates, Important News
GSTN issued important advisory for applicants where GST Registration application marked for Biometric-based Aadhaar Authentication
The GSTN has issued an Advisory dated August 28, 2023 for applicants where GST Registration application marked for Biometric-based Aadhaar
Important News, Income Tax
Income Tax Department released Form-10B utility
The Income Tax Department has released the Form 10B utility on August 24, 2023. “Audit Report under clause (b) of