Associate TG
Update Bank Details on the GST Portal and Avoid Registration Cancellation Update Bank Details on the GST Portal and Avoid Registration Cancellation In the world of taxation and compliance, even the smallest details can have significant consequences. One such critical detail for GST-registered businesses is updating their bank account details within the stipulated time. Update … Read more
Invoice Management System Invoice Management System : The Invoice Management System (IMS) is a new facility introduced in the GST system that allows recipients to accept, reject, or keep pending the invoices/records filed by suppliers in GSTR-1/1A/IFF. This system helps businesses accurately claim Input Tax Credit (ITC). Below are the most frequently asked questions about … Read more
Overview of the Direct Tax Vivad Se Vishwas Overview of the Direct Tax Vivad Se Vishwas The Indian government continues to make strides in simplifying tax administration and resolving long-standing disputes between taxpayers and the authorities. In line with this objective, the Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024, announced in the Union Budget … Read more
Latest Update Changes in TDS Rates in Budget 2024 Latest Update Changes in TDS Rates in Budget 2024 The Union Budget 2024 introduced several changes aimed at simplifying tax compliance, particularly in the area of Tax Deducted at Source (TDS). These changes are expected to reduce the financial burden on individuals and businesses while improving … Read more
Gift Deed and Income Tax Gift Deed and Income Tax A gift deed is a legal document used to transfer ownership of property or money from one person (donor) to another (donee) without any monetary consideration. While gifting property or other assets may seem straightforward, there are legal and tax implications you need to be … Read more
