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Stay informed with expert insights on business strategies, financial management, and regulatory updates to help your enterprise thrive
Change in registration compliance for buyers of metal scrap under GST
GSTN updates registration process for metal scrap buyers, simplifying compliance with new GST provisions. Learn how to complete the updated GST REG-07 form and avoid potential issues or delays
Change in registration compliance for buyers of metal scrap under GST
GSTN updates registration process for metal scrap buyers, simplifying compliance with new GST provisions. Learn how to complete the updated GST REG-07 form and avoid potential issues or delays
Due date for Income Tax Return for audit cases extended to 15th November 2024 for March 2024
The date for filing of Income Tax Return for assesses whose original due date was 31st October 2024 has been extended to 15th November 2024
Renting of Non-Residential Properties to Registered Entities Now Under GST
Renting of commercial property by an unregistered person to registered person will be covered under RCM in GST.
Important GST compliances to be made in October 2024
Every taxpayer have to file their GST return as mentioned under the GST rules. The GST return due for the month of September 2024 or Quarter 2 (July to September 2024) are to filed in October 2024
Due date for tax audit report extended to 7th October 2024 for March 2024
The date for filing of Tax Audit report has been extended to 7th October 2024
Recipient of goods or services cannot file refund application under GST
Under the provisions of the GST law, refund application can be filed by the taxpayers only under the 3 specified scenarios. The Madras High Court has recently pronounced that a recipient of goods or services cannot file refund application with the government.
30th September is fast approaching - complete your tax audits
As a business owner or an individual, it's essential to understand the significance of tax audit in ensuring compliance with Income Tax Laws and regulations. 30th September 2024 is the last date for filing if Tax Audit reports for the FY 2023-24. In case the taxpayer is required to submit report on transfer pricing in Form 3CE then the due date for tax audit is 31st October 2024.
MCA clarification on holding of AGM or EGM through video conference or other video visual means for 2024 and 2025
Ministry of Corporate Affairs vide its circular dated 19.09.2024 has issued clarification that companies whose AGMs are due for certain period can hold it through video conference or other video visual means on or before 30th September, 2025.