CBIC Developed an Online Monitoring System to Oversee GST Audits The Central Board of Indirect Taxes and Customs (CBIC) has developed a… AJPosted on September 20, 2022September 20, 2022
Issuance of bonus/ right shares by public company and loan settlement by banks will not attract TDS: CBDT Section 194R was introduced with effect from 1st July 2022 to deduct… Ektha SuranaPosted on September 20, 2022
Centre Revises Small Company Definition To Ease Compliance Burden The Ministry of Corporate Affairs (MCA) has revised the paid-up capital and… Mayashree AcharyaPosted on September 19, 2022September 19, 2022
Ensure to note ITC changes in GSTR-3B of August 2022 You must note a crucial change while preparing GSTR-3B for August 2022.… Annapoorna MPosted on September 19, 2022
Karnataka AAR: Works Contract Services to Slum Development Board Attracts 18% GST Karnataka Authority of Advance Ruling (AAR) has ruled that works contract services… AJPosted on September 14, 2022September 15, 2022
CBIC Releases Circular on Re-opening of Transitional ITC Claims Window Following the Supreme Court’s order, the Central Board of Indirect Taxes and… AJPosted on September 13, 2022September 13, 2022
e-Way bill generation post a record-high number in Aug 2022 The government has recorded 78.21 million e-way bills created by businesses for… Annapoorna MPosted on September 12, 2022September 12, 2022
Delhi HC: Penalty Can’t be Imposed for Mere Expiry of e-Way Bill Delhi High Court ruled that the penalty for the expiry of an… AJPosted on September 9, 2022September 9, 2022
Monthly GST collections recorded at over Rs.1.4 lakh crore last six months The monthly GST collection for August 2022 is Rs.1,43,612 crores. The figure… Annapoorna MPosted on September 2, 2022September 2, 2022
Indian Railways: GST Applicable on Cancelling AC Class Confirmed Tickets The Indian Railways clarified the rules governing cancellation and refund of tickets… AJPosted on September 1, 2022September 1, 2022