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Articles & Updates

TAX DEDUCTED AT SOURCE UNDER GST

Tax deducted at source (TDS) means tax deducted by the recipient upon payment of consideration to the supplier of goods or services or both. The concept of TDS was borrowed from the Income Tax Act, 1961 which was introduced for reducing tax evasion by collecting tax at the time of generation of income….

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INTEREST UNDER GST

As per section 50(1) of Central Goods and Service Tax Act, 2017 (“CGST Act, 2017”) “ Every person who is liable to pay tax in accordance with the provisions of this act or the rules made thereunder, but fails to pay the tax or any part thereof to the government within...

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INPUT SERVICE DISTRIBUTOR UNDER GST

In GST regime, every supplier is liable to be registered in the States or Union Territories from where he makes a taxable supply. In addition, the supplier has been provided with the option to opt for separate registrations for different business verticals in the same State….

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The Taxpayers' Lounge set up by the Income Tax Department at IITF, 2022 has been awarded the gold medal in the category of PSUs and Ministries for excellence in display.
We reiterate our commitment towards our taxpayers & hope to continue to provide enhanced taxpayer services.

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Important Announcement - Schedule of Advanced Integrated Course on Information Technology & Soft Skills (Advanced ICITSS) - Adv. Information Technology Test - Computer Based Mode (CBT) Dec 2022, Jan-Feb-Mar 2023
Apply
https://advit.icaiexam.icai.org/
Details
https://resource.cdn.icai.org/72194exam271122.pdf

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