Income Tax
Verification of ITR
Last updated on November 16th, 2022 at 06:57 pmVerification of ITR The return filing process is incomplete unless the filed return is verified within the stipulated time. If a filed ITR is not verified […]
Year: 2022
Income Tax
Tax on Life Insurance
Last updated on July 30th, 2022 at 08:36 pmLife Insurance Policy The popularity of life insurance in India dates back to 1956. From its inception only, policies of life insurance gained momentum certainly for the life […]
GST
GST on Hotel & Tourism Industry
Last updated on February 25th, 2023 at 10:01 pmGST on Hotel & Tourism Industry Budget Holidays will become expensive by 12% from 18th July 2022. Supplying accommodation in hotels is considered a supply of service […]
Finance
Fintech – an insight into the future of finance
Last updated on July 30th, 2022 at 07:46 pmFintech – an insight into the future of finance Introduction to Fintech Fintech is the fastest-growing tech sector these days. With the growing mobile penetration and internet […]
GST
Declaration in Annexure V for FY 2023-24 can be filed by GTA upto 31st May 2023
Declaration to be filed by GTA […]
GST
GST on GTA
Last updated on March 7th, 2023 at 05:49 pmGST on GTA Which exemptions from the services of GTA have been withdrawn? If consideration charged by GTA for a single carriage did not exceed Rs 750 […]
GST
GST on Rent of Residential Property
Last updated on January 3rd, 2023 at 09:36 pmGST on Rent of Residential Property The dynamics of renting residential property under GST have changed from 18th July 2022. The decision to bring the renting of […]
GST
GST on Brick Kilns Sector
Last updated on August 3rd, 2022 at 08:22 pmGST on Brick Kilns Sector The compliance burden and the outflow towards the GST liability have increased considerably with the implementation of the recommendation of the 45th […]
GST
Rule 46(s) – Declaration in tax invoice under GST
Last updated on August 3rd, 2022 at 05:40 pmRule 46(s) – Declaration in tax invoice under GST Rule 46(s) of CGST Rules,2017 It is an additional requirement [Declaration under Rule 46(s)] that needs to be […]
GST
GST CMP 08
Last updated on July 28th, 2022 at 11:05 am Due date for CMP 08 for quarter ending 30th June 2022 was extended from 18th July 2022 to 31st July 2022 Specimen of FORM GST CMP […]