Circular No. 167 / 23 /2021 - GST CBIC-190354/207/2021-TRU ...

the ECO, and other compliances under the Act, including issuance of invoice to customer, continues to lie with the respective suppliers (and ECOs being liable only to collect tax at source (TCS) on such supplies), it is advisable that ECO raises separate bill on restaurant service in such cases where ECO provides other

  Compliance

DIRECT TAX LAW & PRACTICE - ICSI

The Company Secretaries as experienced tax professionals can assist in resolving various challenges such as keeping abreast with tax regulations, efficiently manage compliances, address uncertain tax positions, among many others. The Company Secretaries can provide with an insight into how to best work to meet the business needs.

  Practices, Direct, Compliance, Direct tax law amp practice

More than 29.8 lakh major Tax Audit Reports (TARs) filed ...

The Department expresses gratitude to all tax professionals and taxpayers for the support in compliances and requests the attention of taxpayers who are yet to accept the Tax Audit Report submitted by their CA to complete the process of submission. …

  Compliance

F. No. 225/49/2021/ITA-II Government of India Ministry of ...

the following compliances: 1. The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2021, w0hich was-2 th September30 2021, in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, as extendedst October to 31 2021 andth January 15 2022 Circularby

  Compliance

Practical FAQs on Supply and Taxability

as Integrated tax on inter-State supplies. Therefore, the nature of supply is also crucial for determining the taxability of a transaction. Taxpayers, therefore, are continually on the lookout for answers to myriad of questions being faced by them while taking tax …

3. Handbook on Show Cause Notice - Approach and Reply ...

Under the Goods and Services Tax Law, there are multiple situations where we encounter the provision for issuance of show cause notice. These situations are as tabulated below. S.No Situations Form 1 Denial of option to pay tax under Section 10 GST-CMP-05 2 For cancellation of regular registration GST-REG-17 3

Practical FAQs on Input Tax Credit

indirect tax landscape of the country. The USP of a value added tax is the scheme of comprehensive and continuous chain of tax credits across the supply chain thereby taxing only the value added at each stage and removing the cascading of taxes. Input tax credit can thus, rightly be called as the lifeline of any GST/VAT regime.