Before beginning an acquisition, investment, commercial partnership, or bank loan, Due Diligence is a process of investigation and analysis. Tax firms in Delhi examine an entity’s financial sustainability in terms of its assets and liabilities as part of due diligence, including evaluating…
Taxpayers and professionals make mistakes and errors while submitting GST registrations or GST return filings. Since the start of the GST in 2017, some taxpayers have made errors. However, by avoiding the late costs associated with such errors or mistakes…
Continuing with the amendments of the GST portal, here are some more points for the same: 2. Insertion of Table 3.1.1 in Form GSTR-3B 3. Additional mode for payment of GST Earlier the modes for payment of GST were: E-Payment,…
As we discussed in our previous blog about the validity of Rule 89, at last, we have discussed the Gujrat High Court Judgement Interpretation. Now, we are continuing our article with Madras High Court Judgement Interpretation. Madras High Court Judgement…
Under any law, the scope for litigation on certain provisions always exists. Some of the provisions requiring less clarity or arguments get settled at the lower court, however, certain provisions are unconstitutional or violative to the rights of the taxpayers…
What is Sexual Harassment? As an individual, we all knew the meaning of sexual harassment but according to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 the sexual harassment includes any one or more of…
The ongoing pandemic has disrupted the businesses in India adversely wherein taxpayers are avidly expecting certain exemptions which could offer them the ease of doing business. On the flip side, one among the authorities of Advance Ruling (AAR) has ruled…
On July 1, 2017, the nation embraced its extensive indirect tax reform. Since then, we see several changes mooted by GSTN (Goods and Service Tax Network) from time to time. Lately, a unique feature titled AATO (annual aggregate turnover) is incorporated on…
As per the provisions of GST Law, every registered person is eligible to claim ITC on purchase of goods or services or both which is used or intended to be used in the course or furtherance of business. However, as…
As we discussed in our earlier blog about the appeal process, we got to know about the Hierarchy of 4 levels of Appeal under GST. Taxpayers can approach the First level i.e., Appellate authority against the adjudication order, and thereafter…