Taxation
Rent on Commercial property GST: Rules, rates and compliance
Introduction Goods and Services Tax (GST) has transformed the taxation landscape in India, and rent on commercial property GST is a significant part of this transformation. Whether you are a landlord or a tenant, understanding how GST applies to rental income from commercial properties is crucial for ensuring compliance. This comprehensive guide will cover everything […]
Shruti Srivastava
March 07, 2025 at 06:02 AM
ICDS in Income Tax: Rules, Rates and Compliance
Understand ICDS in Income Tax, its rules, exemption criteria, filing process, and compliance guide to ensure accurate taxable income reporting.
Katyayini Shukla
March 07, 2025 at 05:52 AM
SEZ in GST: Rules, Rates and Compliance Guide
Discover the SEZ in GST rules, exemptions, tax benefits, compliance requirements, filing process, and common errors to ensure smooth business operations.
Ali Sherwani
March 07, 2025 at 05:16 AM
QRMP Scheme in GST: Rules, Rates and Compliance
Understand the QRMP scheme in GST, its rules, filing process, compliance, exemption criteria, and common errors to ensure smooth tax management.
Katyayini Shukla
March 07, 2025 at 05:06 AM
Depreciation on Software as per Income Tax Act: Rules, Rates and Compliance
Software depreciation under the Income Tax Act reduces taxable income at 25% using the WDV method. Proper classification ensures tax benefits.
Manikuntala
March 05, 2025 at 12:38 PM
Ineligible ITC Under GST: Rules, Compliance and Exemptions
Introduction Input Tax Credit (ITC) is a key feature of the Goods and Services Tax (GST) system, allowing businesses to offset tax paid on purchases against their output tax liability. However, certain ITC claims are restricted. Understanding ineligible ITC under GST is essential for compliance and avoiding penalties. This guide covers ineligible ITC under GST, […]
Katyayini Shukla
March 05, 2025 at 05:38 AM
Freight Charges GST Rate: Rules, Rates & Compliance
Introduction For businesses involved in logistics, manufacturing, and supply chain management, understanding the freight charges GST rate is not just a necessity—it’s a financial imperative. Whether you’re a manufacturer shipping bulk goods across India or an exporter handling international logistics, calculating the correct GST on freight can be a challenge. The Indian GST system has […]
Ali Sherwani
March 04, 2025 at 01:08 PM
Electronic Cash Ledger in GST: Rules, Rates & Compliance
Introduction Imagine a scenario where your business is growing, making consistent GST payments, and you are well on your way to staying compliant. Suddenly, you realize that you overpaid due to an incorrect transaction or made an error in your tax filing. Not only does this disrupt your cash flow, but it also adds unnecessary […]
Ali Sherwani
March 03, 2025 at 12:13 PM
Understanding The Powers of Income Tax Authorities: Rules, Rates and Compliance
Introduction Imagine waking up to a notice from the income tax authorities questioning your tax filings or summoning you for an inquiry regarding your financial transactions. Sounds stressful, right? With the ever-evolving tax landscape, the powers of income tax authorities have significantly expanded to ensure compliance and curb tax evasion. From conducting surprise searches to […]
Ali Sherwani
March 03, 2025 at 12:05 PM
A Complete Guide On Penalty under Gst: Rules, Rates & Compliance
Introduction The Goods and Services Tax (GST) in India aims to streamline indirect taxation, ensuring compliance and transparency. However, businesses often face penalties due to non-compliance, errors in filing, or failure to meet deadlines. Understanding penalty under GST is crucial for businesses to avoid legal consequences and maintain smooth operations. The government imposes fines under […]
Vanshika
March 03, 2025 at 11:57 AM