taxcharcha - Taxcharcha

Hosting of Multipurpose Empanelment Form (MEF)- 2024-25

CA Saurabh Khullar18/09/2024

by CA Saurabh Khullar18/09/20240160

Professional Development Committee The Institute of Chartered Accountants of India 17th September, 2024 Announcement Hosting of Multipurpose Empanelment Form (MEF)- 2024-25 Professional Development Committee (PDC)...

GST Latest

Circular No. 232/26/2024-GST – Clarification on place of supply of data hosting services provided by service providers located in India to cloud computing service providers located outside India

CA Saurabh Khullar14/09/2024

by CA Saurabh Khullar14/09/20240155

Circular No. 232/26/2024-GST F. No. CBIC-20001/6/2024-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing...

GST Latest

Circular No. 231/25/2024-GST – Clarification on availability of input tax credit in respect of demo vehicles

CA Saurabh Khullar14/09/2024

by CA Saurabh Khullar14/09/20240210

Circular No. 231/25/2024-GST F. No. CBIC-20001/6/2024-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing...

GST Latest

Circular No. 230/24/2024 – GST – Clarification in respect of advertising services provided to foreign clients

CA Saurabh Khullar13/09/2024

by CA Saurabh Khullar13/09/20240174

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Blogs GST Latest

Analysis of Invoice Management System (IMS)

CA Saurabh Khullar08/09/2024

by CA Saurabh Khullar08/09/20240245

On the GST portal, a new facility shall be implemented with effect from 1st October 2024 in which the supplier and recipient will be able...

Income Tax Latest

Download Finance Bill (No. 2) 2024 and Memorandum explaining the provisions in Finance Bill

CA Saurabh Khullar01/08/2024

by CA Saurabh Khullar01/08/20240222

The first Union Budget for Modi 3.0 Government has been presented on 23rd July 2024. To download the Finance Bill and Memorandum explaining the provisions...

GST Latest

Recommendations of 53rd GST Council Meeting

CA Saurabh Khullar23/06/2024

by CA Saurabh Khullar23/06/20240235

The 53rd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi today. The meeting...

Income Tax Latest

Income tax update – Amended in Form 27Q

CA Saurabh Khullar31/05/2024

by CA Saurabh Khullar31/05/20240267

The Central Board of Direct Taxes (CBDT) has amended the Form 27Q by inserting the Note 7A under the head “Verification”. The notification reads as...

Income Tax Latest

Circular 7/2024 – Income Tax || Extension of due date for filing of Form No. 10A/10AB under the Income tax act

CA Saurabh Khullar28/04/2024

by CA Saurabh Khullar28/04/20240379

The Income Tax Department vide circular dated 25th April 2024 has extended the due date for filing of Form No. 10A/10AB till 30-06-2024. The due...

Income Tax Latest

Circular 6/2024 – Income Tax || Extension of date for PAN become operative in case of non deduction of TDS at higher rates

CA Saurabh Khullar27/04/202427/04/2024

by CA Saurabh Khullar27/04/202427/04/20240282

The Income Tax Department has issued the Circular No. 6/2024 dated 23rd April 2024 in which it has been stated that the Department shall not...

Students Section

Commencement of Live Virtual Classes (LVC Batch – 2) under the New Scheme from 27th April 2024 for the students of CA Foundation/Intermediate/Final courses appearing in September/November 2024 examinations

CA Saurabh Khullar27/04/2024

by CA Saurabh Khullar27/04/20240393

Board of Studies announces the commencement of 2nd Batch of ‘Live Virtual Classes’ under the New Scheme of Education and Training. To handhold and support...

Students Section

Re-opening of online empanelment of members to act as Obervers for May / June 2024 examinations

CA Saurabh Khullar27/04/2024

by CA Saurabh Khullar27/04/20240349

The Institute of Chartered Accountants of India (ICAI) has decided to reopen the online empanelment of members to act as observers at the examination centres...

GST Latest

GSTN advisory – Enhancement in GST portal

CA Saurabh Khullar27/04/2024

by CA Saurabh Khullar27/04/20240314

Dear Taxpayers, 1. GSTN is pleased to inform that an enhanced version of the GST portal would be launched on 3rd May 2024. The effort is...

Income Tax Latest

Notification regarding time limit for verification of return of income after uploading

Team Taxcharcha02/04/202402/04/2024

by Team Taxcharcha02/04/202402/04/20240294

The Central Board of Direct Taxes (CBDT) has issued the notification regarding the time limit for verification of Income tax returns after uploading. It is...

Blogs Latest

Delhi GST Department issues Instructions for Rectification of Orders

Team Taxcharcha07/03/202407/03/2024

by Team Taxcharcha07/03/202407/03/20240567

On 1st March 2024, the Delhi GST Department issued the instructions for rectification of assessment orders. This is the result of agitation being carried out...

GST Latest

ICAI releases GST Acts and Rules – Bare Law – updated upto January 2024

Team Taxcharcha24/01/202407/03/2024

by Team Taxcharcha24/01/202407/03/20240749

The Institute of Chartered Accountants of India (ICAI) has released the GST Acts and Rules updated upto 22nd January 2024. The earlier version of the...

Business Latest

Application Deadline for the National Startup Awards 2023 extended till15th June 2023

Team Taxcharcha02/06/202302/06/2023

by Team Taxcharcha02/06/202302/06/202302583

The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry introduced the National Startup Awards (NSA) in 2020....

GST Latest

₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth

Team Taxcharcha02/06/202306/10/2023

by Team Taxcharcha02/06/202306/10/202301621

The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is ₹1,57,090 crore of which CGST is ₹28,411 crore, SGST is ₹35,828 crore, IGST...

GST Latest

GST Update – Rationalisation of late fee for GSTR-9 and Amnesty to GSTR-9 non-filers

Team Taxcharcha01/06/202301/06/2023

by Team Taxcharcha01/06/202301/06/20230407

In the Notification No. 07/2023-Central tax, the CBIC has notified that from FY 2022-23 onwards, the late fee in respect of the filing of GSTR...

GST Latest

GST Update – Amnesty scheme for deemed withdrawal of assessment orders issued under Section 62

Team Taxcharcha01/06/2023

by Team Taxcharcha01/06/20230317

The CBIC vide Notification no. 6/2023-Central tax dated 31st March 2023 has notified the Amnesty scheme for deemed withdrawal of assessment order issued under Section...

GST Latest

GST Update – Guidelines for Special All-India Drive against fake registrations

Team Taxcharcha01/06/2023

by Team Taxcharcha01/06/20230416

The CBIC has issued the guidelines for Special All India Drive against fake registrations which will take place between 16th May 2023 to 15th July...

Income Tax Latest Uncategorized

Income Tax update – CBDT introduces E-appeal scheme

Team Taxcharcha01/06/202301/06/2023

by Team Taxcharcha01/06/202301/06/20230607

The Central Board of Direct Taxes (CBDT) has notified the E-appeal scheme 2023 in which the Joint Commissioner (Appeals) have been made the designated authority....

Income Tax Latest

Income Tax Update – Filing of SFT extended for few days

Team Taxcharcha01/06/202303/03/2024

by Team Taxcharcha01/06/202303/03/20240647

In the twitter notification by the Income tax department, the department has notified that due to the heavy traffic while filing the SFT, some taxpayers...

Income Tax Latest

Income Tax Update – Clarification regarding provisions relating to charitable and religious trust

Team Taxcharcha30/05/2023

by Team Taxcharcha30/05/20230365

The Central Board of Direct Taxes (CBDT) has issued the clarification regarding provisions relating to charitable and religious trusts vide Circular No. 6 of 2023...

Income Tax Latest

Income Tax Update – Treatment of TDS on online gaming, amendment in section 194N and amendment in Form 16 for AY 2024-25

Team Taxcharcha30/05/202330/05/2023

by Team Taxcharcha30/05/202330/05/20230350

The Central Board of Direct Taxes (CBDT) has notified the Notification No. 28/2023 in which there has been an amendment in Section 194N, prescribing the...