Introduction The Goods and Services Tax (GST) regime in India continues to evolve, with periodic notifications and updates to ensure smooth implementation and compliance. One such significant development is the…
Introduction The Goods and Services Tax (GST) system in India has significantly transformed the way indirect taxes are collected and managed. GST not only simplified the tax structure but also…
Introduction The Goods and Services Tax (GST) system in India has ushered in a new era of indirect taxation. Under GST, businesses are eligible to claim Input Tax Credit (ITC)…
Introduction The real estate sector in India has witnessed significant changes in recent years, with the implementation of the Goods and Services Tax (GST) being one of the most notable.…
Introduction The Goods and Services Tax (GST) regime in India has witnessed several changes and updates since its inception. One of the significant developments in recent times is the introduction…
In a significant development, the Central Board of Direct Taxes (CBDT) has released detailed guidelines regarding the electronic filing (e-filing) of Form 15CA and Form 15CB. Notification No. 77/2023-Income Tax,…
The Central Board of Direct Taxes (CBDT) has issued Notification No. 78/2023-Income Tax on September 15, 2023, announcing the extension of the due date for filing Tax Deducted at Source…
In a notification dated September 18, 2023, the Central Board of Direct Taxes (CBDT) has notified the 'Clean Energy Investment Fund' under Section 10(46) of the Income Tax Act. This…
The Central Board of Direct Taxes (CBDT) has introduced amendments to Section 44AD of the Income Tax Act in a notification (No. 80/2023-Income Tax) dated September 21, 2023. Section 44AD…
The Central Board of Direct Taxes (CBDT) has issued a notification (No. 81/2023-Income Tax) on September 25, 2023, to extend the due date for filing Income Tax Returns (ITR) for…