Tax Audit Due date AY 2023-24 Tax Audit Due date AY 2023-24 as per Income Tax Act of India are as follow Assessee Due date of furnishing Tax Audit report Due date of furnishing return of income Company 30th September 2023 31st October 2023 Any other person who is obliged to furnish taxaudit report 30th September 2023… Read More »
Income Tax Slab for FY 2023-24 / AY 2024-25 Income Tax Slab for FY 2023-24 AY 2024-25 as per Finance Bill 2023 and Income tax Slab for FY 2022-23 AY 2023-24 1. In case of an Individual (resident or non-resident) or HUF or Association of Person or Body of Individual or any other artificial juridical… Read More »
Einvoice in GST : Study Material Govt Press Release and Notification on Einvoice in GST GST Einvoice Advisory by GST Portal GSTN launches e-invoice registration services with private IRPs 04.03.2023 Advisory on New e-Invoice Portal 25.02.2023 Update regarding enabling on e-invoice portal (https://einvoice1.gst.gov.in/) Dated 12.09.2020 Auto-population of e-invoice details into GSTR-1 : GSTN Advisory Dated… Read More »
Advisory on Geocoding of Address of Principal Place of Business 24/02/2023 Dear Valued Taxpayers, 1.GSTN is pleased to inform the taxpayers that the functionality for geocoding the principal place of business address (i.e. the process of converting an address or description of a location into geographic coordinates) is now available on the GST Portal. This… Read More »
Advisory on New e-Invoice Portal 25/02/2023 Dear Valued Taxpayers, 1. We would like to inform you that GSTN has onboarded four new IRPs (Invoice Reporting Portals) for reporting e-invoices in addition to NIC-IRP. As a result, the beta launch of a new e-Invoice portal (www.einvoice.gst.gov.in), has been done where taxpayers can find comprehensive information on… Read More »
Taxation on income from virtual digital assets Read What is Virtual Digital Assets and its Taxation , Explained Income Tax on Virtual Digital Assets & CryptoCurrency in India after Finance Bill 2022 TDS on Virtual Digital Asset : Read Section 194S Income Tax for TDS on Payment on transfer of virtual digital asset. Circular no… Read More »
What is virtual digital assets , Explained Normally it is asked What is Virtual Digital Assets ? As per Section 2(47) of Income tax Act , Virtual Digital Assets defination is as follow (47A) “virtual digital asset” means— (a) any information or code or number or token (not being Indian currency or foreign currency), generated… Read More »
GST DISTANCE CALULATOR You can calcualte distance between two places based on PIN code number Click here to use this GST DISTANCE CALULATOR you can use this for Eway bill in GST
Section 80DDB Income Tax Dedction for Medical Treatment Section 80DDB Income Tax Dedction for Medical Treatment as Amended by Finance act 2022, You aslo need to study Rule 11DD of Income tax rules Sumamry of Section 80DDB Income Tax Act Section 80DDB of the Income Tax Act provides tax deductions to taxpayers for medical expenses… Read More »
Section 80G Income Tax Act In this article we will discuss Sumamry of Section 80G of Income Tax Act and Complete section 80G of Income tax Act as Amended upto Finance act 2022 Summary of Section 80G of Income Tax Act Section 80G of the Income Tax Act provides tax deductions to taxpayers who make… Read More »