Casual Taxable Person in GST
Introduction: “Casual taxable person” means a person who occasionally undertakes transactions involving supply of goods…
GST REFUND APPLICATION (RFD-01)
Processing of timely GST refunds will help businesses and facilitate trade through the release of…
Faceless Assessment Scheme, 2019
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 61/2020-Income Tax New Delhi,…
Cash Transactions Restrictions-Income Tax
The Income tax laws have various restrictions on payment in cash and receipt of money…
Deductions under Chapter VIA-INCOME TAX
You can avail the deductions only if you have made tax-saving investments or incurred eligible…
Statutory Compliance Due Dates- August 2020
Article contains compliance due dates falling in August 2020 related to Quarterly & Monthly Filing…
Presumptive Taxation Scheme under Income Tax Act
Presumptive Taxation Scheme of Section 44AD For whom the presumptive taxation scheme of section…
Compliance of TDS under GST Regime
Tax Deducted at Source is one of the ways of government to collect and secure…
Reverse Charge Mechanism on Goods & Services under GST Regime
Generally, the supplier of goods or services is liable to pay GST. However, in specified…
Taxability of Back to Back Contracts in GST and Clarifications thereon
Back-to-back contracts are usually used in the big contracts such as construction contracts either of…