Associate TG
Advisory on Proper Entry of RR No Introduction Advisory on Proper Entry of RR No The Indian Railways’ Parcel Management System (PMS) has been integrated with the E-Way Bill (EWB) system through APIs, which will now facilitate real-time data transfer between the Railways and GST E-Way Bill portal. This integration aims to streamline the movement … Read more
Supreme Court Ruling on GST Input Tax Credit for Construction Supreme Court Ruling on GST Input Tax Credit for Construction The recent Supreme Court ruling has brought a major development in the realm of Goods and Services Tax (GST), specifically related to input tax credit (ITC) for immovable property. For businesses in industries that invest … Read more
TDS Section 194T TDS Section 194T The Finance (No. 2) Bill, 2024, has introduced significant changes in the taxation landscape with the introduction of Section 194T. This provision mandates Tax Deduction at Source (TDS) on payments made to partners by firms, including Limited Liability Partnerships (LLPs). Effective from the financial year 2024-25, this new regulation … Read more
Complete Guide to ROC DIR-3 KYC E-Verification ROC DIR-3 KYC e-verification is a mandatory compliance requirement for all Directors holding a valid Director Identification Number (DIN). The Ministry of Corporate Affairs (MCA) introduced this process to update the KYC details of every director and prevent the misuse of DIN. Complete Guide to ROC DIR-3 KYC … Read more
Archived GST Returns Data on the GST Portal Restoration of Archived GST Returns Data on the GST Portal On September 29th, 2024, the GST authorities announced the temporary restoration of archived GST return data on the GST portal. This comes as a relief for businesses and taxpayers who faced challenges accessing historical records due to … Read more
