GSTN launches new IMS Feature in GST Portal enabling Easy Invoice Corrections and Accurate ITC claims w.e.f. October 1st 2024
The Goods and Services Tax Network ( GSTN ) has introduced a new feature called the Invoice Management System ( IMS ) in the GST portal, which...
![Maharashtra GST Dept Issues Recovery Guidelines for Dues Post First Appeal Disposal till GSTATs Operation [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/08/Maharashtra-GST-Dept-Recovery-Guidelines-Dues-Post-First-Disposal-till-GSTATs-Operation-taxscan.jpg "Maharashtra GST Dept Issues Recovery Guidelines for Dues Post First Appeal Disposal till GSTATs Operation [Read Circular]")
Indexation of Capital Gains Benefit available only for Real Estate and for Resident Individuals and HUFs, no Loss Set-Off
Nirmala Sitharaman on Wednesday moved amendments to the long-term capital gains tax provisions, proposed in the finance bill, for property including grandfathering and an option to choose a regime...
Major Relief to Deductors! No Higher TDS in Case of Death of Deductee/Collectee before 31 May 2024: CBDT issues Clarification [Read Circular]
The Central Board of Direct Taxes ( CBDT ) has relaxed provisions of TDS/TCS in event of death of deductee/collectee, before linkage of PAN and Aadhaar. In view of genuine difficulties being faced...
CBDT issues New Order Outlining Circumstances for Enquiry and Verification by Verification Unit [Read Order]
The Central Board of Direct Taxes ( CBDT ) has issued a new order dated 1st August 2024 specifying the circumstances for the purposes of enquiries or verification functions by the Verification Unit...
Income Tax Portal no longer helps Self-Filing Taxpayers! Option to ‘Help Choose ITR’ Blacked Out in Portal
The Income tax portal is not helping the self-filing taxpayers. The option to ‘‘Help me decide which ITR form to file" was blacked out. The option serves very much help to the income taxpayers who...
