Special Economic Zone or SEZ in GST
in this post we'll talk about the Special Economic Zone (SEZ) in India
Section 80EEB – Deduction for Electric Vehicle Loan Interest
Section 80EEB of the Income Tax Act In this post, we'll talk about Section 80EEB - Deduction for purchasing an electric vehicle and its benefits. Where we will take a close look at each section in detail: Introduction Section 80EEB eligibility Conditions to
E-invoicing mandatory for companies with 10 Cr turnover
E-Invoicing mandatory if turnover exceeds Rs. 10 crore As per directions by GST Authority, a time limit of 30 days for reporting of invoices from date of invoice is imposed on e-invoice portals, and is applicable for taxpayers with AATO greater
All about ESOP and its taxability
Guide to ESOP with taxability In this post, we'll talk about ESOP, including its taxability, benefits and other important points. Where we will take a close look at each section in detail: What are ESOPs? Some key terms Benefits of
ITR e-verification time limit decreased from 120 days to 30 days
New update on ITR e-verification In this post, We'll discuss the latest update on ITR-filing. The Central Board of Direct Taxes has reduced the time period from 120 days to 30 days for verifying ITRs filed after August 1, 22. Let's
Input Tax Credit – Meaning, Eligibility and how to claim ITC
Input tax credit under GST Hello, this post we will cover the basic concepts of ITC such as meaning, eligibility and the conditions to claim input tax credit under GST. The topics which we cover are: Introduction to ITC How to
TDS Challan 281 and Consequences in case of delay
A simple guide on TDS challan 281 Hello, in this post we will discuss TDS challan 281and the various consequences for delay payment. We will cover the following: What is TDS challan 281? Steps to File TDS challan 281 Due date for
ITC on goods that are received in lots/installments – With examples
A simple explaination of ITC on goods received in lots Hello. In this blog, we will be discussing about the treatment of ITC on goods that are received in lots/ installments and whether credit can be claimed on such installments. Question: What is
Old vs new income tax regime: Benefits & Rates
Old VS New Income Tax regime - Which one will you opt? In this post, we will discuss the difference between the Old vs New Income tax regime. The Finance Budget 2020 had proposed a new alternate income tax structure for
Job work under GST – Form GST ITC-04
A complete guide on Job work under GST Hello, in this post we will give you a detailed understanding of Job work under GST - Form GST ITC-04. Where we will take a close look at each section in detail: What
