# apnokaca
12 posts in `apnokaca` tag
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GST Policy Updates (March 25–31, 2025): E-way Bill Tweaks & Compliance Changes
Dive into the most recent GST developments (from March 25th to March 31st, 2025), highlighting the increase in E-way Bill thresholds in Chhattisgarh, the CBIC’s reinforced compliance regulations, and the significant topics set for discussion at the GST Council meeting in April 2025. Ensure compliance with guidance from experts!
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By Krishna
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Circular No. 5/2025: Comprehensive Guide on Interest Waiver for TDS/TCS Delays
Circular No. 5/2025 offers support by canceling interest on delays in TDS/TCS as per Sections 201(1A)(ii) and 206C(7) of the Income-tax Act. This blog outlines who is eligible, the steps to apply, and the ways taxpayers can gain from this relief.
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By Krishna
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New TDS Rules for LLPs & Partnership Firms (2025): Key Changes & Compliance Guide
Recent TDS regulations for LLPs and Partnership Firms will be implemented starting April 1, 2025, which will impose taxation on payments made to partners, including profit distributions, interest, and salaries. This blog outlines the main modifications, the implications for compliance, and strategies for businesses to prepare.
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By Krishna
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CGST Act 2017 Update: What’s New in Section 128A and Its Impact?
The CBIC's Notification 11/2025 brings significant modifications to Section 128A of the CGST Act, easing tax procedures for enterprises encountering extraordinary situations. This examination addresses the broader applicability, streamlined processes, and compliance implications.
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By Krishna
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Interpreting the CBDT’s Seventh Amendment Rules, 2025: Section 194T and Its TDS Effects.
The 7th Amendment Rules 2025 established by the CBDT introduces Section 194T, which requires a 10% TDS on salaries, bonuses, commissions, and other earnings. Understand its implications, necessary compliance measures, and how both businesses and individuals should adjust.
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By Krishna
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Scrutiny on Rental Income: Tax Notices for TDS Non-Compliance on High Rent
The Income Tax Department is intensifying its efforts against non-compliance regarding TDS deductions for rental payments that exceed
50,000 per month. Understand Section 194IB, the penalties for failing to deduct, and the procedures to follow when addressing tax notices.
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By Krishna
Rental Earnings Being Evaluated: Income Tax Notifications for Non-Withdrawal of TDS on Elevated Rent
The Income Tax Department is intensifying its efforts against non-compliance regarding TDS deductions for rental payments that exceed
50,000 per month. Understand Section 194IB, the penalties for failing to deduct, and the procedures to follow when addressing tax notices.
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By Krishna
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Finance Bill 2025 Update: Big Relief for Taxpayers on Income Tax Search Rules
The Indian government has updated the Finance Bill 2025, substituting "total income" with "total undisclosed income" in important sections of the Income Tax Act. This amendment lowers the liabilities for taxpayers, encourages compliance, and simplifies assessments in instances of search and requisition.
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By Krishna
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Safe Harbour Guidelines & Income Tax Changes for AY 2025-26
The blog explores the important updates brought forth by Notification No. 21/2025 for the assessment year 2025-26, focusing on the amended Safe Harbour Rules under Section 92CB. It emphasizes crucial modifications, criteria for eligibility, and actionable steps for taxpayers to achieve compliance and minimize disputes.
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By Krishna
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GST Rules 42-43 Explained: How Interest Qualifies as Exempt Supply
This guide outlines how interest income is treated under GST as exempt supply according to Rules 42-43, addressing ITC effects, compliance obligations, and the implications for financial institutions.
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By Krishna
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Everything You Need to Know About GSTR-1 & IFF for High-Value B2C Sales
This detailed guide covers the reporting obligations for GSTR-1 and IFF regarding B2C interstate transactions that surpass 1,00,000. Discover the essentials of compliance, necessary documentation, and optimal practices for precise GST filing.
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By Krishna
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New E-Invoice Rules: 30-Day Reporting Obligation for 10 Crore AATO - Important Details for Companies
This document details India's upcoming e-invoice reporting requirement that will take effect in April 2025 for companies with a turnover exceeding ₹10 crore over a 30-day period. It outlines the compliance obligations, necessary system modifications, and potential penalties for failing to comply.
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By Krishna