Section 44ADA of the Income Tax Act, 1961, provides a simplified scheme of taxation for professionals. It allows eligible ...

Director’s Disqualification under Section 164 – A Must-Know for Every Compliance Professional If you’ve worked with companies or directors, you’d know that becoming a director isn’t always ...

From the above explanation is very clear that additional liability is the only difference of outward liability of GST Returns and books of account and not at all declared in GSTR1 of any period and ...

Bombay High Court directed release of bank guarantees since claim stood extinguished due to default on part of respondent to lodge their claim with Resolution Professional. Accordingly, interim ...

Krishna, I heard that the Central Board of Indirect Taxes & Customs (CBIC) had issued new Instructions related to GST registration? Krishna (Fictional Character): Yes Arjuna, on 17th April 2025, the ...

Rule 86B imposes a restriction on the utilization of Input Tax Credit (ITC) by mandating that registered persons whose taxable turnover (excluding exempt and zero-rated supplies) exceeds ₹50 lakh in a ...