Top Stories Income Tax Case Digest: Addition on Bogus Purchases under Income Tax Act This case digest deals with the cases related to ‘addition on bogus purchases under Income Tax…
The National Financial Reporting Authority ( NFRA ) chairperson, Ajay Bhushan Prasad Pandey, stated that the quality of audits has improved over the last 3 to 4 years and also…
Top Stories NFRA Findings Expose Individual Auditor Failures, Not Standard Inefficiencies: ICAI Prez Raises Concerns Over Revised SA 600 and SA 299 India’s unique auditing landscape, where all auditors are…
Top Stories Claiming GST ITC using New Invoice Management System: All You Need to Know A Comprehensive Guide to Claiming ITC in GSTR-3B Using the GST Invoice Management System (IMS)…
Top Stories Comprehensive Checklist for GST Annual Return (GSTR-9) Preparation for Professionals Special care is required for filing, particularly when it comes to reconciling the audited financial statements with the…
Top Stories Claiming GST ITC using New Invoice Management System: All You Need to Know A Comprehensive Guide to Claiming ITC in GSTR-3B Using the GST Invoice Management System (IMS)…
Top Stories 1.5% GST Applicable to Service of Construction of Affordable Residential Apartment under REP: AAR [Read Order] The applicant is liable to pay GST at the rate of 1.5%…
Top Stories What if Income Tax was abolished in India? A Perspective This Article ponders upon the question, ‘what would happen if Income Tax were to be abolished in India?’…
The controversy around the availment of Input Tax Credit ( ITC ) on Corporate Social Responsibility ( CSR ) expenses under the Goods and Services Tax ( GST ) regime…
Top Stories Availment of Blocked Input Tax Credit on CSR Expenses before 01.10.2023: How to Reply to GST SCN [Find Draft Format Here] In this article, we provide clarity on…