N&S Blog

CBIC amends notification No. 11/2017- Union Territory Tax (Rate) dated 28.06.2017 so as to to extend last date for exercise of option by GTA to pay GST under forward charge vide Notification No. 05/2023 Dated: 09th May, 2023

Now the timeline extended till 31st May, 2023.
10.05.2023 10:00:00 AM - Comment(s)
Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade

Public Notice No. 5/2023-DGFT | Dated: 11th April, 2023

F. No. 01/75/171/00016/AM-23/FTP Cell.– In exercise of powers conferred under paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 202...
14.04.2023 11:00:00 AM - Comment(s)
The GSTN has issued advisory to inform that a time limit is imposed on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. It is stated that to ensure timely compliance, the taxpayers in this category will not be allowed to report invoices...
13.04.2023 10:30:00 AM - Comment(s)
ITR 1: For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income upto Rs.5 thousand.

ITR 4: For Individuals, HUFs and Firms (other than LLP) being a...
12.04.2023 10:00:00 AM - Comment(s)

The Cost Inflation Index for Financial Year 2023-24 at 348 vide Notification No. 21/2023-Income Tax Dated: 10th April, 2023. Cost inflation Index for Financial Year 2022-23 was 331 so Increase in Cost Inflation Index for FY 2023-24 is mere 5.14%.

11.04.2023 10:00:00 AM - Comment(s)