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Late Fees Payable for Default in Furnishing of Income Tax Return (ITR)

Income Tax Returns are filed by all the persons as per legal provisions. To file the returns, Income Tax Department has set due…
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GST Annual Return & Audit (GSTR 9 & GSTR 9C) For FY 2020-21

Before the Central Goods and Services Tax (Sixth Amendment) Rules, 2021came into existence, every registered person having turnover exceeding Rs. 2 Crores had…
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Applicability of Indian Taxation on Cryptocurrency

In recent past we have shifted from money in the wallet to money in the digital wallet. Demonetization lead this drive of digital…
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What if GST wrongfully collected and paid to Government?

GST i.e. Goods and Service Tax is an indirect tax i.e. collected from customers and paid to the government. The Act also provide…
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