Blogs
Understanding ITC Mismatch in GST: A Case Study
The Goods and Services Tax (GST) department frequently encounters various Input Tax Credit (ITC) mismatches. ...
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Litigation Related to E- Way Bill Generation Error: Explained With Example
In the realm of logistics and supply chain management, the e-way bill system serves as...
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Advisory on Launch of E-Way Bill 2 Portal
The E-Way Bill 2 Portal is an upgraded platform for managing and tracking electronic waybills...
Read MoreEligibility for gratuity, calculation & tax impact.
What is gratuity payment? Gratuity can be said to be the financial way of saying...
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Preparation of Reports and submission in Form 61A
Reporting Format: Statement of Financial Transactions (SFT) Relevant Format: Identification of Reportable Transactions Aggregation Rule ...
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FAQs on TDS on purchase of immovable property
List of FAQs on TDS on purchase of immovable property Reason for Introduction of TDS...
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EPF, NPS & Superannuation
Tax implications on Various Provident Funds : Types of PF’s : Recognised PF (RPF) :...
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Ineligible ITC under GST
Input Tax Credit is the tax paid by the buyer on purchase of goods and...
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GST Implication on Sale of Capital Asset
What is a Capital Asset? All expenses can be classified into capital expenses or revenue...
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Explainer on Utilisation of ITC under GST
What are Set Off Rules? GST has 4 components – Integrated Tax, Central Tax, State/UT...
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Composition Scheme under GST
1. What is a Composition Scheme? The Composition levy is an alternative method of levy...
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Common Credit Rules under GST
Type of ITC & Common Credit A business pays tax when it makes purchases or...
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