This blog offers a thorough explanation of GSTR 11 and covers its regulations, qualifying requirements, return filing procedure, and non-compliance penalties. For embassies, UN agencies, and other notified parties who must file GSTR 11 and adhere to Indian GST legislation, it is an extensive resource.

Input Tax Credit (ITC) reporting is now subject to additional limitations as a result of the most recent GSTR-3B modifications. An extensive examination of the modifications, ramifications, and recommended strategies for compliance can be found in this blog article. To reduce the possibility of receiving notices and fines, become familiar with the updated GSTR-3B format and make sure that ITC reporting is accurate.

The GST Amnesty Scheme 2024 is a one-time opportunity for taxpayers to appeal against GST demand orders issued on or before March 31, 2023. This blog post provides a comprehensive guide to the scheme, including its benefits, eligibility criteria, and preparation requirements. It also highlights the issues and challenges that taxpayers may face while availing the scheme.

An extensive guide on India's income tax benefits for salaried individuals for the fiscal year 2024 may be found in this blog post. It includes a number of allowances, including standard deduction, professional tax, perks, medical allowance, housing rent allowance (HRA), transportation allowance, leave travel allowance (LTA), and medical allowance. The article also discusses other Section 80C, Section 80D, and Section 24 deductions that are possible, such as interest on house loans, medical insurance, and investment-linked deductions. Salaried people can maximize their tax savings and reduce their taxable income by being aware of and utilizing these deductions and allowances.

The Central Board of Direct Taxes (CBDT) has issued a clarification on the Income-Tax Clearance Certificate (ITCC), specifying the circumstances under which an individual is required to obtain one. This blog post breaks down the CBDT's clarification, explaining who needs an ITCC, when it's required, and the procedure to obtain one.

This blog post provides a comprehensive guide to the notice for defective return under Section 139(9) of the Income-tax Act, 1961. It covers the reasons for issuing a notice, the process of notice, consequences of receiving a notice, and tips on how to avoid receiving a notice.

Filing an Income Tax Return (ITR) can be a daunting task, and mistakes can occur. A revised ITR is a solution to rectify errors or omissions in the original return. This comprehensive guide covers revised ITR filing deadlines, common errors, procedures, and tips to help you navigate the process with ease.

This blog provides a comprehensive guide to understanding the Tax Deducted at Source (TDS) mechanism on GST bills. It covers who is liable to deduct TDS, how to calculate TDS, and the benefits and challenges of implementing TDS on GST bills. The blog also provides best practices for implementing TDS on GST bills and answers frequently asked questions.

This blog provides a detailed analysis of Section 122(1) of the GST Act, outlining the various offenses and penalties related to GST in India. It covers supply-related offenses, tax evasion, and non-compliance, as well as registration and documentation-related offenses.

This blog offers a thorough explanation of Section 135A of the Income Tax Act, which mandates that certain taxpayers include extra information about transactions with individuals outside of India in their tax audit report. The blog discusses Section 135A's requirements, such as who must comply, what information must be supplied, and the consequences of not complying. For taxpayers, chartered accountants, and tax professionals who need to know how Section 135A will affect their tax compliance responsibilities, it is a must-read.

This blog post delves into the history and implications of Sikkim's unique tax exemption, granted under Section 10(26AAA) of the Income Tax Act. It explains how residents of Sikkim are exempt from income tax and the conditions that apply, providing a comprehensive guide to this special provision.

This blog post provides an in-depth explanation of the income tax notice under Section 143(2) and the scrutiny process under Section 143(3). It covers the types of notices, consequences of ignoring, and time limits for issuing notices and final assessment orders, helping taxpayers navigate the complexities of the income tax laws.