From 1st April 2022, rate of tax along with the claiming of Input Tax Credit and the reporting details of the same in GSTR 1 has undergone major changes. We are trying to explain the same in an easy way as below: Nature of BRICKS covered: Tariff Item Description Rate till 31.03.22 Rate from 01.04.22 […]
Dear Reader, Kindly find the attached image describing whether you are liable to file your Income Tax Return or not. Due to formatting issue, we could not bring text here and so attached the image file. Just zoom in to check the image.
Dear Readers, We have tried to cover major amendments brought in by Finance Act, 2022 in the GST Law. Further, we have divided the same as summary part and detailed part so that reader can read as per his comfort. Income tax version will follow soon. Insertion of Section 16(2)(ba) and substitution of a new[…..]
GST_Update – Notification No. 39/2021 – Central Tax dated 21st December, 2021 Union Budget 2021 has presented various amendments to the GST Law through Finance Act, 2021. However, the same were not notified at that time. Now, the department has issued Notification No. 39/2021 – Central Tax on 21st December, 2021 notifying the applicability of[…..]
