Upcoming GSTR-1/IFF enhancements 23/02/2022 Upcoming GSTR-1 enhancements & improvements : The statement of outward supplies in FORM GSTR-1 is to be furnished by all normal taxpayers on a monthly or quarterly basis, as applicable. Quarterly GSTR-1 filers have also been provided with an optional Invoice Furnishing Facility (IFF) for reporting their outward supplies to registered persons… Read More »
Section 194R of Income Tax Act Section 194R Income Tax Act inserted by Finance Bill 2022 w.e.f 01.07.2022 . (Author CA Satbir Singh .contact us on Taxheal@gmail.com) Commentary on Section 194R Income Tax Act TDS u/s 194R is effect from 1 st July, 2022. TDS u/s 194R is to be deducted on any benefit or… Read More »
Big Relief in GST I No Blocking of ITC if NIl Balance in Electronic Credit Ledger I CA Satbir Singh Download Judgment Click here No Blocking of ITC if Nil Balance in electronic credit ledger Facts of the case Whether GST authorities can block electronic credit ledger (ECL) under Rule 86-A when balance is nil… Read More »
TAX & PENALTY on CASH DEPOSIT in SAVING BANK ACCOUNT I INCOME TAX on UNEXPLAINED MONEY I CA Satbir
GST Scheme Enabled for FY 2022-23 I CA Satbir Singh
Income Tax on GPF I New Circular I Income Tax on Provident Fund I CA Satbir Singh
Income Tax Portal Shut down Planned & Tax Audit Report Alert I CA Satbir Singh
Setup of ‘GST Refund Help Desk’ in the office of Pr. CCA, CBIC 17/02/2022 The office of Pr. CCA, CBIC has setup a ‘GST Refund Help Desk’ for addressing payment related problems faced by the taxpayers. Contact details of the Help Desk is as under: Name of Nodal Officer : Ms Anita Rawat, Accounts Officer… Read More »
NET WORTH CERTIFICATE FOR VISA PURPOSE I TRAVEL TO FOREIGN COUNTRY I CA SATBIR SINGH
How to Generate & Update UDIN for Tax Audit by CA I Income Tax I CA Satbir Singh