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Addition based on incriminating material found in search at premises of third parties- Assessment order passed u/s 143(3) set aside

By Taxwink Team | 18 Jan,2024

Addition based on incriminating material found in search at premises of third parties- Assessment order passed....

Meaning & Format- Refund Voucher under GST

By Taxwink Team | 17 Jan,2024

Meaning & Format- Refund Voucher under GST   When a registered person under GST receives an adv....

Receipt Voucher in GST: Meaning, Particulars and Provisions

By Taxwink Team | 17 Jan,2024

Receipt Voucher in GST: Meaning, Particulars and Provisions   It’s a general business practic....

No TCS on sale of empty liquor bottles- Opening and uncorking liquor bottles doesn’t amount to generation of scrap: Madras HC

By Taxwink Team | 16 Jan,2024

No TCS on sale of empty liquor bottles- Opening and uncorking liquor bottles doesn’t amount to generatio....

GSTN issues Advisory on the introduction of New Tables 14 & 15 in GSTR-1

By Taxwink Team | 16 Jan,2024

GSTN issues Advisory on the introduction of New Tables 14 & 15 in GSTR-1   As per Notification....

Deduction under section 54 allowed for property purchased in the name of spouse- ITAT Delhi

By Taxwink Team | 15 Jan,2024

Deduction under section 54 allowed for property purchased in the name of spouse- ITAT Delhi  ....

Penalty for non-filing of Tax Audit Report- Section 271B

By Taxwink Team | 15 Jan,2024

Penalty for non-filing of Tax Audit Report- Section 271B   As per the provisions of Income Tax Act,....

What is Term Insurance? Definition & Meaning

By Taxwink Team | 13 Jan,2024

What is Term Insurance? Definition & Meaning   I have observed in my professional life that the....

What is a Bill of Supply under GST?

By Taxwink Team | 13 Jan,2024

What is a Bill of Supply under GST?   As per the GST laws, every registered person is required to i....

Mandatory to show 6-Digit HSN Code in E-invoices for Taxpayers with annual turnover of INR 5 Crores and above from December 15, 2023

By Taxwink Team | 13 Jan,2024

Mandatory to show 6-Digit HSN Code in E-invoices for Taxpayers with turnover of INR 5 Crores and above from De....

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