Updated Return: New Change by Budget 2025 in Income Tax Background In a significant move towards fostering a culture of voluntary tax compliance, the Indian government introduced the concept of updated returns through the Finance Bill, 2022. This initiative aimed to provide taxpayers who might have missed filing their income tax returns or inadvertently underreported… Read More »
53 FAQs on GST Annual Return [Also refer New GST Books on GST Audit and Annual return ] Q1. What is Legal provision for filling GST Annual Return? Ans. Legal requirement of filing Annual return hereafter called GSTR-9 is governed by section 35(5) and section 44(1) of CGST Act. Section 44(1) of CGST Act read with… Read More »
Rules to issue Single Tax Invoice for all B2C supplies in a day We are running a Chemist. We prepare more than 250 bills in a day. At the end of day we make single Sale entry of all the 250 Invoices in our books as all sales are B2C (Business to Customers) . We… Read More »
Distribution of GST Taxpayers between Central & Andra Pradesh Government Order List of Centre Tax Payers List of State Tax Payers Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST… Read More »