03 Jun No Recovery Proceedings Shall Be Initiated Within Three Months Following the Issuance of an Order
Dive into a recent tax law ruling shedding light on recovery proceedings and their impact. ...
June 2024
03 Jun Unutilized VAT Credit is Allowed to be Transitioned Under the GST Regime
Discover the groundbreaking ruling by the Madras High Court allowing the transition of unutilized VAT credit to GST. Unlock valuable tax benefits now! ...
03 Jun CBDT Notifies Income-tax (Sixth Amendment) Rules, 2024 Regarding Form No. 27Q Verification
CBDT announces Income-tax (Sixth Amendment) Rules, 2024. New note added to Form 27Q Verification for lower or no deduction. Effective from July 1, 2024. ...
03 Jun DPIIT Promotes Manufacturing Incubators to Boost Startup Ecosystem
DPIIT supports manufacturing startups with incubators to drive innovation, create jobs, and enhance India’s economic growth and global trade position. ...
01 Jun CBIC’s Latest Guidelines: CGST Recovery Proceedings!
Discover the latest directives from CBIC regarding the initiation of recovery proceedings under the CGST Act. Ensure compliance with the specified timeframes! ...
01 Jun GST Authority Ignored CBIC Rules? Allahabad High Court Case Unfolds
Allahabad HC reviews Gallantt Ispat’s petition against GST authorities’ disregard of CBIC instructions. Key case developments inside....
01 Jun Lower GST to Address Slowdown in Life Insurance Sales: Insurers Appeal to GST Council
Insurance companies appeal to the GST Council to reduce GST on life insurance from 18% to 12%, aiming to boost sales and make policies more affordable."...
01 Jun Essential Guidelines by Delhi GST Dept for Refunds Under GST & DVAT
Discover Delhi GST Dept's new instructions to protect government revenue during refunds under GST & DVAT Act. Learn the essential guidelines now. ...