The CBDT Vide Circular No.10/2024, has extended the Due date for filing of reports of Audit for the Previous year 2023-24, which was on 30th September 2024, in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, to 07thOctober 2024. For the Circular No.10/2024,…
Read moreTDS on Payments to Partners – Section 194T
We would like to share that, Finance Act 2024 has inserted New Section194T, which requires Partnership Firms including LLP to Deduct TDS on Payment to Partners.
Read moreIntroduction of New Return – FORM GSTR-1A w.e.f August 2024.
The Government has introduced FORM GSTR-1A vide notification No. 12/2024 – Central Tax dated 10.07.2024, w.e.f August 2024. It is an optional Form provided to the taxpayers to add or amend particulars of a supply of the current tax period, which was missed out or was wrongly reported in FORM GSTR-1 of the said tax…
Read more