GST on rent of residential property Effective from 18 July 2022: Detailed Analysis
Under GST Laws, Once thing is very clear that a registered person under GST supplying any goods or services to …
CA Vivek Kumar
GST on Goods Transport Agency (GTA): Detailed Analysis
The most popular form of goods transport in India is via road. Transportation of goods by road are done by …
GST Rule 86B: Analysis of Rule restricting the use of ITC in excess of 99% of the Output Tax liability (Read Notification)
Rule 86B (Restriction on use of Input Tax Credit for discharging the output liability) has been inserted into CGST Rules, …
GST Quarterly Return Monthly Payment (QRMP) scheme: Quarterly return filing option for taxpayers having Turnover upto 5 Crore
CBIC has launched GST Quarterly Return filing & Monthly Payment (QRMP) scheme. In order to give relief to small taxpayers …
All About Section 206C(1H)- TCS on Sale of Goods
Section 206C(1H)– TCS on Sale of Goods, which is newly inserted section and is effective from 01-10-2020. This article will …
E-Invoicing under GST: Detailed Guide to Notification No. 61/2020
On 30th July 2020, the Central Board of Indirect Taxes and Customs (CBIC) vide Notification No. 61/2020 introduced the “Schema …
Filing of Income Tax Return under seventh proviso to section 139(1) but otherwise not required to furnish return of income
(Updated- 14-May-2021): While filing an Income tax return (ITR) for AY 2020-21 & AY 2021-22, A new field is appearing …
GSTR-2B: How to Reconcile ITC, Benefits, How GSTR 2B is different from GSTR 2A
What is GSTR-2B which is being reflected on GST Portal? GSTR-2B has been launched by the government as a move …