fbpx
ITC on Capital Goods under GST

ITC Rules for Capital Goods under GST

Input Tax Credit (ITC) reversal calculations, input tax credit availability and non-availability calculations, and input tax credit calculations for capital under GST each…
Continue reading
GST on Rent

GST on Rent of Residential Property

The Goods and Services Tax (GST) on rent went into force on July 18th. However, the GST will only apply in particular circumstances…
Continue reading
GST on Educational Institutions

No more mistakes in understanding Taxation of Educational Institutions

The tax on the income of educational institutions often remains the most controversial topic. The nature of educational institutions such as top educational…
Continue reading
Statutory Tax Compliance Tracker for September, 2022

Statutory Tax Compliance Tracker for September, 2022

Indian taxes are classified into two types: direct taxes and indirect taxes. Direct taxes are levied on the income earned by various types…
Continue reading