Big Tax Refund Promises? Beware of 200% Penalty, Warns Expert Caution: That Attractive Refund Might Come at a Heavy Cost As the Income Tax Return (ITR) filing deadline recently passed, many taxpayers were approached—either by unverified ta…
ITR Deadline Extended to 15 September 2025 – 10 Common Mistakes to Avoid When Filing Income Tax Return 📅 Income Tax Return Due Date Extended The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return (ITR) filing deadline fo…
🏘️ No GST on Housing Society Maintenance Charges Below ₹7,500: Government Clarifies with Rules & Thresholds In a recent written reply to the Lok Sabha, the Ministry of Finance has provided long-awaited clarity regarding the Goods and Services…
📦 E-Commerce Operator under GST – Complete Guide with Practical Example As the digital economy burgeons in India, very drastically, there seems to be a major change in the modus operandi of business organizations. Of course, one of the major …
ITC on Capital Goods Calculation and Claim Process GST Input Tax Credit, or ITC , is an essential feature in the GST scheme, with the inherent objective of reducing the output tax liability of businesses by the amount of tax paid on inputs. Whil…
GSTN Advisory Dated 19.06.2025: अब Missed ITC को Reclaim करना हुआ आसान – जानें IMS Rejection को कैसे ठीक करें 19 जून 2025 को GST Network (GSTN) ने Advisory No. 613 जारी की है, जिसमें बताया गया है कि अगर कोई Taxpayer ने गलती से कोई valid invoice,…
GSTN Advisory Dated 19.06.2025 Explained: How to Correct Inadvertently Rejected Documents in IMS Without Losing ITC On June 19, 2025, the GST Network (GSTN) issued Advisory dated 19.06.2025 to address a critical concern raised by taxpayers reg…
