Blog tagged as GSTfiling

Imagine waking up one morning and finding a big brown envelope from the Income Tax Department. You open it and your eyes freeze — it says you have undisclosed income of ₹2.28 crore, and you must pay tax and penalty running into tens of lakhs!

In many property deals, people sign an agreement to sell before they do the final registration of the sale deed.

Normally in GST, the tax you pay on raw materials (inputs) can be adjusted against the tax you collect on sales (output).

The Delhi High Court recently gave a very important judgment about GST rate cuts — the kind the government announces to make products cheaper for consumers.

The Goods and Services Tax Network (GSTN) has introduced new features in the Invoice Management System (IMS) to make GST compliance simpler, more transparent, and less burdensome for taxpayers.