ITR-1 and ITR-4 JSON Utilities released for A.Y. 2021-22
JSON Utility for ITR-1 and ITR-4 for Assessment Year 2021-22 has been released by the Central Board of Direct....
GST Rates for goods updated upto 31st March 2021
Since introduction of GST on 1st July, 2017, the GST rates have undergone many changes. GST rates on various g....
Mandatory use of accounting software with audit trail deferred to 1st April 2022
The Ministry of Corporate Affairs had earlier issued a notification to the effect that it will be mandato....
Mandatory for companies to use accounting software with audit trails
Companies to use accounting software with audit trail from April 1st 2021 The MCA vide Notification No....
ITC on works contract or construction services
ITC on works contract & construction services The basic idea of bringing GST in India was to....
Input Tax Credit on Motor Vehicles Under GST
If you are a person registered under GST, you are eligible to take input tax credit (ITC) in respect of goods....
Time Limit To Avail Input Tax Credit
For the purpose of understanding the time limit to avail Input Tax Credit (ITC), we will have to look into 2 s....
Aatmanirbhar Bharat Rozgar Yojana- A great initiative of the Government of India
Aatmanirbhar Bharat Rozgar Yojana- A great initiative of the Government of India Objectives of Aa....
ITC Reversal Due to Non Payment Within 180 days
Reversal of ITC if payment is not made to supplier within 180 days Section-16 of the CGST Act, 20....
Input Tax Credit of Goods received in lots or installments
ITC of goods received in lots or installments Taking Input Tax Credit is a very crucial issue in....