Clipped from: https://taxguru.in/goods-and-service-tax/intricacies-section-74-initiate-proceedings-gst-law.html Summary: Under GST law, Sections 73 and 74 of the CGST Act govern proceedings for unpaid or short-paid taxes, erroneous refunds, or wrongful
Category: Seven Star
👌👌👌👌👌👌👌Importance of Gift Deed in Property Transfer
Clipped from: https://taxguru.in/chartered-accountant/importance-gift-deed-property-transfer.html Transferring wealth in the form of immovable property and or high value items as gifts is very common nowadays. However, many times transferor
👌👌👌👌👌👌👌Interpreting Reassessment Provisions – UOI vs. Rajeev Bansal & Ors (SC)
Clipped from: https://taxguru.in/income-tax/interpreting-reassessment-provisions-uoi-vs-rajeev-bansal-ors-sc.html Interpreting Reassessment Provisions – UOI vs. Rajeev Bansal & Ors – Civil Appeal No 8629 of 2024 (SC) The primary issue is whether
👌👌👌👌👌👌👌Decoding Complexities of Non-Resident Taxation
Clipped from: https://taxguru.in/corporate-law/decoding-complexities-non-resident-taxation.html Introduction Taxation for non-residents in India is shaped by specific provisions of the Income Tax Act, 1961 (‘the Act’). Non-residents, defined as individuals
👌👌👌👌👌👌👌GST on Real Estate Sector: Key Rules and Rates
Clipped from: https://taxguru.in/goods-and-service-tax/gst-real-estate-sector-key-rules-rates.html Summary: The implementation of GST in India has significantly impacted the real estate sector, with varying tax rates based on the type of property
👌👌👌👌👌👌👌Tax Benefits for NRIs on Income earned in India or Outside India
Clipped from: https://taxguru.in/income-tax/tax-benefits-nris-income-earned-india-outside-india.html Tax Benefits for NRIs on Income earned in India or Outside India : Key Exemptions and Insights from Renowned Tax Experts Let’s talk
👌👌👌👌👌👌👌Stick to fiscal deficit as the norm for fiscal prudence – The Hindu
https://www.thehindu.com/opinion/lead/stick-to-fiscal-deficit-as-the-norm-for-fiscal-prudence/article68614653.ece lipped from: https://www.thehindu.com/opinion/lead/stick-to-fiscal-deficit-as-the-norm-for-fiscal-prudence/article68614653.ece With the current lower levels of household financial savings, having 3% of GDP as a limit to fiscal deficit should be the
👍👍👍👍👍👍👍Survey links growth to ongoing reforms | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/survey-links-growth-to-ongoing-reforms-124072201438_1.html Clipped from: https://www.business-standard.com/opinion/columns/survey-links-growth-to-ongoing-reforms-124072201438_1.html While services exports may continue to have a competitive advantage, future growth will hinge on domestic consumption and investment demand Illustration: Binay
👍👍👍👍👍👍👍Service of notice gets affected when sent to correct address by registered post
https://taxguru.in/company-law/service-notice-gets-affected-sent-correct-address-registered-post.html Clipped from: https://taxguru.in/company-law/service-notice-gets-affected-sent-correct-address-registered-post.html Mukund Rajhans Vs Rajasthan Patrika Private Limited (NCLAT Delhi) In the case of Mukund Rajhans vs. Rajasthan Patrika Private Limited, the National Company
👍👍👍👍👍👍👍Master Circular on IRDAI (Insurance Products) Regulations 2024- Health Insurance
https://taxguru.in/corporate-law/master-circular-irdai-insurance-productsregulations-2024health-insurance.html Clipped from: https://taxguru.in/corporate-law/master-circular-irdai-insurance-productsregulations-2024health-insurance.html In a significant move aimed at reinforcing the empowerment of policyholders and fostering inclusive health insurance, the Insurance Regulatory and Development Authority
👍👍👍👍👍👍👍Interested in a Career as a GST Practitioner? Here’s What you Need to Do!
Clipped from: https://www.taxscan.in/interested-in-a-career-as-a-gst-practitioner-heres-what-you-need-to-do/398631/ A GST Practitioner is a tax professional authorised to prepare returns and conduct related tasks based on information provided by a taxable person.
👍👍👍👍👍👍👍Assessment Based on Mere Unverified Third Party Statement Bad in Law: ITAT Mumbai
https://taxguru.in/income-tax/assessment-based-unverified-third-party-statement-bad-law-itat-mumbai.html Clipped from: https://taxguru.in/income-tax/assessment-based-unverified-third-party-statement-bad-law-itat-mumbai.html Kundal Raghubir Bhandari Vs ITO (ITAT Mumbai) In this case, the Income Tax Appellate Tribunal (ITAT) Mumbai reviewed an appeal filed by
👍👍👍👍👍👍👍MSME Samadhan Scheme: Delayed Payment Monitoring Scheme
https://taxguru.in/corporate-law/msme-samadhan-scheme-delayed-payment-monitoring-scheme.html Clipped from: https://taxguru.in/corporate-law/msme-samadhan-scheme-delayed-payment-monitoring-scheme.html MSME Samadhan Scheme: Delayed Payment Monitoring Scheme Micro, Small and Medium Enterprise (hereinafter collectively referred as “MSE Enterprises”) are flourishing across various
👍👍👍👍👍👍👍Analysis of Section 43B(h) of Income-tax Act, 1961
https://taxguru.in/income-tax/analysis-section-43bh-income-tax-act-1961.html Clipped from: https://taxguru.in/income-tax/analysis-section-43bh-income-tax-act-1961.html In order to protect and promptly make payments to the MSEs, Clause (h) in Section 43B, inserted vide the Finance Act 2023, provides
👍👍👍👍👍👍👍Understanding E-Invoicing Under GST: Rules and Compliance
https://taxguru.in/goods-and-service-tax/e-invoicing-gst-rules-compliance.html Clipped from: https://taxguru.in/goods-and-service-tax/e-invoicing-gst-rules-compliance.html E-Invoicing Under GST GST has been implemented in India from 1st July 2017, with a view to remove all the difficulties in
👍👍👍👍👍👍👍Input Tax Credit under GST – Important Points
https://taxguru.in/goods-and-service-tax/input-tax-credit-gst-important-points.html Clipped from: https://taxguru.in/goods-and-service-tax/input-tax-credit-gst-important-points.html Introduction: With the surge in litigation surrounding the incorrect availment of Input Tax Credit (ITC) under the Goods and Services Tax (GST) regime,
👍👍👍👍👍👍👍Taxation for NRIs
https://taxguru.in/income-tax/taxation-nris.html Clipped from: https://taxguru.in/income-tax/taxation-nris.html NRIs are bound to pay tax on income accrue or arise in India based on their residential status. Under Income tax act
👍👍👍👍👍👍👍E-Invoicing under GST: Implementation, Requirements, Insights with FAQs
https://taxguru.in/goods-and-service-tax/e-invoicing-gst-implementation-requirements-insights-faqs.html Clipped from: https://taxguru.in/goods-and-service-tax/e-invoicing-gst-implementation-requirements-insights-faqs.html Introduction: E-invoicing, or electronic invoicing, revolutionizes billing processes by digitizing invoice generation and validation through a government portal. This guide explores its
👍👍👍👍👍👍👍All about Income Tax Returns for individuals FY 2023-24 AY 2024-25
https://taxguru.in/income-tax/income-tax-returns-individuals-fy-2023-24-ay-2024-25.html Clipped from: https://taxguru.in/income-tax/income-tax-returns-individuals-fy-2023-24-ay-2024-25.html Everything About ITR Forms: Which Form to File and Why Filing Is Advisable Regardless of Income As we all know, ITR filing
