The govt said: "It is noted that varied practices are being followed by the officers in respect of verification of documents ...

The Supreme Court of India has directed the revenue authorities to allow taxpayers to rectify bonafide errors in the GST ...

CBIC specifically highlighted that the issue lies with the registration process, stressing that officers must refrain from ...

The guidelines also define key terms such as “outsourcing,” “participants,” “reverse factoring,” and “trade financing unit.” All ITFS operators are required to maintain a minimum owned fund of USD 0.2 ...

Department has started reopening old tax assessment cases. The main aim is to catch businesses that reduced their profits by ...

Rethinking Why Simple GST Rectifications Require Court Intervention. Legal News and Analysis - India - Tax - Conventus Law ...

Hence, you must know what are the changes and stay updated with the correct GST return filing guidelines for GSTR-3B and GSTR-1. Table 3.2 of Form GSTR-3B captures the inter-state supplies made to ...

Definition: Invoice financing is a form of short term borrowing which is extended by the bank or a lender to its customers based on unpaid invoices. Invoice financing is often carried out to meet ...

BS Notes This Week: A weekly round-up of major developments, backed by data and the best of our coverage, curated by the Digital Editor of Business Standard BS Number Wise: Let’s talk data -- from ...

To ensure a smooth and error-free ITR filing process, it's essential to keep all the necessary documents handy beforehand.