Associate TG
ITR Filing 2023 24 10 Common Mistakes You Must Avoid ITR Filing 2023 24 10 Common Mistakes You Must Avoid As the Income Tax Return (ITR) filing deadline for 2023-24 approaches, many taxpayers find themselves rushing to meet the deadline. This last-minute rush can lead to unintentional errors that may result in hefty fines, rejection … Read more
Understanding the Latest Updates After the 54th GST Understanding the Latest Updates After the 54th GST Council Meeting The 54th GST Council Meeting has brought crucial clarifications regarding the applicability of GST on rent, especially for commercial properties. These changes impact both property owners and tenants, determining who is responsible for paying GST based on … Read more
Modification of GST Procedure for Interception Modification of GST Procedure for Interception The Central Board of Indirect Taxes and Customs (CBIC) has made several clarifications to the existing procedure for interception, detention, release, and confiscation of goods under the Goods and Services Tax (GST) regime through Circular No. 64/38/2018-GST dated September 14, 2018. This circular … Read more
CBDT Rolls Out e-Dispute Resolution Scheme CBDT Rolls Out e-Dispute Resolution Scheme The Central Board of Direct Taxes (CBDT) has launched the e-Dispute Resolution Scheme (e-DRS), 2022, aimed at simplifying the process of resolving tax disputes and reducing litigation. With the rollout of Dispute Resolution Committees (DRCs) across the country, this new initiative provides taxpayers … Read more
Archival of GST Returns Data on the GST Portal Archival of GST Returns Data on the GST Portal The Goods and Services Tax (GST) portal has implemented a new data archival policy, which taxpayers must be aware of to ensure compliance and maintain access to their return filings. As of September 24, 2024, two important … Read more
