B Sahil & Associates

CBIC Mandates Virtual Hearings for GST, Customs, Excise and Service Tax Appeals!

When he sells holding and increase cash, Market trembles

Govt is considering a tweak to the capital gains tax regime for debt mutual funds to offer some relief for the Bharat Bond ETF.

Check if you are compulsorily required to file Income Tax Return

GSTR-1 Due date extended to 12th April

🚨RBI Monetary Policy updates🚨
Policy repo rate unchanged at 6.5%
Real GDP growth for FY25 projected at 7%

Whenever any Gov Officer visit business premises for Inspection

Facing Delay in Approval of GST Registration???

# Normally GST registration is approved within 3 days if Aadhar Authentication is successful, Despite this Registrations approval are being delayed.

here is why you are facing delay

Exceprt from Rule 9

"Where a person has undergone Aadhaar authentication as per sub-rule (4A) of rule 8 but has been identified in terms of Rule 9(aa) by the common portal for detailed verification based on risk profile, your application for registration would be processed within thirty days of application submission."

🚨GST Alert🚨Mandatory e-Invoicing🚨

If your turnover exceeds INR 5 crores in the FY 2023-2024, You are required to start e-Invoicing from 1st April, 2024, onwards.

Automatic PF amount transfer in case of change of Job

Post office schemes interest rates for April-June 2024 quarter

Income Tax Return Utility update:

While claiming deductions u/s 80DDB and 80U, Taxpayers have to provide Unique Disability ID in ITR form for AY 2024-25